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FINWIRES

Quantity Sold at GDT Auction Nearly Reaches 44,000 Metric Tonnes

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A total of 43,976 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 39,005 to 46,146 MT, according to data from the trading platform.

The average selling price for whole milk powder was $3,585 per MT, anhydrous milk fat averaged $5,917 per MT, and mozzarella and butter averaged at $4,244 per MT and $5,028 per MT, respectively.

Additionally, cheddar prices averaged $3,503 per MT, lactose averaged $1,910 per MT, and skim milk powder and butter milk powder averaged at $3,695 per MT and $4,136 per MT, respectively.

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