A total of 14,364 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 13,601 to 17,661 MT, according to data from the trading platform.
The average selling price for whole milk powder was $3,706 per MT, anhydrous milk fat averaged $6,668 per MT, and mozzarella and butter averaged at $3,942 per MT and $5,734 per MT, respectively.
Additionally, cheddar prices averaged $4,621 per MT, lactose averaged $1,608 per MT, and skim milk powder and butter milk powder averaged at $3,457 per MT and $3,578 per MT, respectively.
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