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FINWIRES

Quantity Sold at GDT Auction Nearly Reaches 14,000 Metric Tonnes

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-- A total of 13,743 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 13,068 to 17,289 MT, according to data from the trading platform.

The average selling price for whole milk powder was $3,741 per MT, anhydrous milk fat averaged $6,461 per MT, and mozzarella and butter averaged at $4,010 per MT and $5,525 per MT, respectively.

Additionally, cheddar prices averaged $4,611 per MT, lactose averaged $1,522 per MT, and skim milk powder and butter milk powder averaged at $3,547 per MT and $3,467 per MT, respectively.

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