Dairy product prices mixed; whole milk powder rises

Tue, 19 Jul 2016

By Margreet Dietz July 20 (BusinessDesk) - Dairy product prices were mixed at the Global Dairy Trade auction, as a gain in whole milk powder offset a decline for most other products. The GDT price index slipped to US$2,336, down from US$2,345 at the previous auction two weeks ago. The index was unchanged in percentage terms. Some 31,348 tonnes of product was sold, down from 32,500 tonnes at the previous auction two weeks ago. Whole milk powder rose 1.9 percent to US$2,079 a tonne. Some support came from the European Union’s latest f...

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