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