3.3% overall increase in global dairy prices at the final GDT auction of the season.
The final Global Dairy Trade (GDT) auction of the season witnessed a 3.3% overall increase in global dairy prices, with butter seeing a 5.1% rise, lactose an 8.1% increase, and mozzarella up by 9.8%. This marks a positive end to the dairy season, following a 1.8% increase in the previous auction. The GDT Price Index, a crucial indicator for dairy farmers and exporters, is now at its highest level since October 2022.
May 21, 2024
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