Dairy product prices edge higher; whole milk powder eases

Tue, 01 Oct 2019

Dairy product prices eked out a gain at the Global Dairy Trade auction, rising for the third time in the past ten auctions, as a decline in whole milk powder limited gains. The GDT price index rose 0.2 percent from the previous auction two weeks ago. The average price was US$3,306 a tonne, compared with US$3,303 a tonne two weeks ago. Some 38,716 tonnes of product was sold, down from 37,345 tonnes two weeks ago. Whole milk powder slipped 0.2 percent to US$3,141 a tonne. “Softer prices were likely linked to a lift in volumes sold at th...

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