Global Dairy Trade Event 313 concluded with the GDT price index down 5.0%.

Results:

AMF Down -1.4%, US$5,518/MT

Butter -6.1%, US$5,194/MT

Buttermilk Down -9.2%, US$3,724/MT

Low-fat Cheddar Cheese -0.7%, US$4,798/MT

Skimmed Milk Powder Down -5.3%, US$3,524/MT

Whole Powdered Milk Low -6.1%, US$3,544/MT

Things are looking up for U.S dairy, with steady domestic demand and robust exports. Dairy farmers are responding with increased milk production.

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