GDT Auction average down 1.3%

Posted on: 21/06/22

Today’s auction saw the average price reduce 1.3% to average US $4600 tonne with the main casualty cheddar down a whopping 9.0%.  There were 149 participating bidders with 103 successful who traded 20,760 tonnes

Notable movements were

Butter   up          2.4% to average $6213

SMP       up          1.0% to average $4276

WMP     down    0.6% to average $4125

Cheddar down   9.0% to average $4875