Dairy product prices slip for the first time since March

Tue, 20 Jun 2017

By Margreet Dietz June 21 (BusinessDesk) - Dairy product slipped at the Global Dairy Trade auction, declining for the first time since March The GDT price index slipped 0.8 percent from the previous auction two weeks ago to US$3,434. Some 21,171 tonnes of product was sold, down from 22,004 tonnes at the previous auction. Whole milk powder dropped 3.3 percent to US$3,022 a tonne. “Whole milk powder has been selling regularly over recent months, so some buyers have sufficient coverage for now,” AgriHQ dairy analyst Susan Kilsby said i...

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