A total of 16,497 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 15,546 to 20,172 MT, according to data from the trading platform.
The average selling price for whole milk powder was $3,687 per MT, anhydrous milk fat averaged $7,027 per MT, and mozzarella and butter averaged at $3,945 per MT and $6,181 per MT, respectively.
Additionally, cheddar prices averaged $4,766 per MT, lactose averaged $1,454 per MT, and skim milk powder and butter milk powder averaged at $3,381 per MT and $3,182 per MT, respectively.