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FINWIRES

Quantity Sold at GDT Auction Nearly Reaches 27,000 Metric Tonnes

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A total of 26,889 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 24,745 to 30,422 MT, according to data from the trading platform.

The average selling price for whole milk powder was $3,486 per MT, anhydrous milk fat averaged $6,405 per MT, and mozzarella and butter averaged at $3,940 per MT and $5,303 per MT, respectively.

Additionally, cheddar prices averaged $3,586 per MT, lactose averaged $1,721 per MT, and skim milk powder and butter milk powder averaged at $3,234 per MT and $4,737 per MT, respectively.

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