International milk prices fell while volumes were up at this month’s second Global Dairy Trade (GDT) auction on Tuesday.
International milk prices fell while volumes were up at this month’s second Global Dairy Trade (GDT) auction on Tuesday.
The GDT Price Index was down 1%, with an average selling price of $3,289 per metric ton. The index fell 3.3% at the previous auction on July 4, with an average selling price of $3,334, according to GDT Events.
A total of 25,956 tons of dairy products were sold at the latest auction, up about 4.5% from the previous sale, the auction platform said.
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