1.5% rise in GDT average is the first in 3 months!!

Posted on: 08/06/22

Yesterdays fortnightly GDT dairy auction results saw average prices increase by 1.5% to average

US $4656 tonne, the first increase for 3 months.

Encouragingly the number of active participating bidders increased again to 163 with the number of successful winning bidders increasing again to 111 for the reduced 21,435 tonnes sold.


Notable movements were:

Butter    up 5.6% to average US $6068 tonne

SMP        up 3.0% to average US $4240 tonne

WMP      up 0.3% to average US $4158 tonne

Cheddar up 3.6% to average US $5365 tonne