A total of 22,240 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 20,706 to 27,054 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 $6,751 per MT, and mozzarella and butter averaged at $3,879 per MT and $6,347 per MT, respectively.
Additionally, cheddar prices averaged $4,736 per MT, lactose averaged $1,519 per MT, and skim milk powder averaged at $2,973 per MT.