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Global Dairy Trade Event 352 concluded with the GDT Price Index down 2.8%

GDT price index goes down again by 2.8% dairynews7x7

Global Dairy Price index dropped by 2.8% in today’s Global Dairy trade event. The index has reached to a level of USD 3497/MT. This is a second consecutive drop in the index since last month. One of the major reason behind this drop  is the sluggish global demand . From Indian market perspective it is […]

Global Dairy Trade auction: Third rise in a row lifts farmers’ spirits

Global Dairy Trade auction: Third rise in a row lifts farmers’ spirits - Dairy News 7X7

Global Dairy Trade Event 341 concluded with the GDT Price Index up 4.4% Prices have risen yet again in the latest Global Dairy Trade auction held overnight, with a 4.4 per cent lift across the board – which will be well-received on farms across New Zealand as the season nears its peak. It is the third significant increase in a […]

Global dairy price index crashed by 7.4%

Global dairy price index crashed by 7.4% - Dairy News 7X7

Dairy prices crashed to their lowest levels in nearly five years at the Global Dairy Trade auction overnight, led by a 10.9 percent fall in the price of whole milk powder. The average price fell 7.4 percent to US$2875 (NZD$4830) a tonne. The price of whole milk powder, which strongly affects the payout for local […]

Dairy prices fall as volumes rise at auction- GDT events

Dairy prices fall as volumes rise at auction- GDT events - Dairy News 7X7

International milk prices fell while volumes were up at this month’s first Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was down 4.3%, with an average selling price of $3,100 per metric ton. The index fell 1% at the previous auction on July 18, with an average selling price of $3,289, according […]

Dairy prices fall as volumes rise at auction- GDT events

Dairy prices fall as volumes rise at auction- GDT events - Dairy News 7X7

International milk prices fell while volumes were up at this month’s first Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was down 4.3%, with an average selling price of $3,100 per metric ton. The index fell 1% at the previous auction on July 18, with an average selling price of $3,289, according […]

Global dairy price index tumbles down again by 0.9%

Global dairy price index tumbles down again by 0.9% - Dairy News 7X7

Global Dairy Trade Event 333 concluded with the GDT Price Index down 0.9% on June 6th 2023. It has been second consecutive fall by almost the same magnitude of 0.9%. Apart from Cheese which is showing a strong growth no other commodities could impress with prices. Key Results AMF index up 1.8%, average price US$4,728/MT Butter index up […]

Global Dairy prices down-Indian dairy products get uncompetitive

Global Dairy prices down-Indian dairy products get uncompetitive - Dairy News 7X7

The index of prices for the Global Dairy Trading platform fell 4.7% in Tuesday’s trading session.  It’s the fourth drop in a row and the sixth drop in the last eight trading sessions. Anhydrous milk fat had the largest price loss, down 7.2% at $4,736 per metric ton or $2.14 per pound. Whole milk powder […]

Global SMP and Butter prices falls to Rs 225 and Rs 405 per kg

Global SMP and Butter prices falls to Rs 225 and Rs 405 per kg - Dairy News 7X7

Third consecutive fall in global price index since February 2023 The global dairy price index has fallen again by 2.6% to reach at a level of USD 3361 per Metric Ton. 148 bidders transacted volumes of 26795MT in the auction held on March 21st 2023 at GDT. The key results are as follows : AMF […]

Global dairy price index down by 0.7%. Cheddar prices crashed

Global dairy price index down by 0.7%. Cheddar prices crashed - Dairy News 7X7

Global dairy price index went down by 0.7% at its 327th auction on March 7th 2023. The new average price is USD 3403 per MT.The total traded commodities volumes also contracted to 26747 MT. Cheddar cheese was the major casualty with its prices crashing in double digit. It has been a second consecutive drop in […]

Dairy prices edge up, volumes ease at auction – GDT events

Dairy prices edge up, volumes ease at auction – GDT events - Dairy News 7X7

International milk prices edged up but volumes fell in this month’s second Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was down 0.1%, with an average selling price of $3,393 per tonne. The index lost 2.8% at the previous auction held on Jan. 3, the average selling prices being $3,365 per tonne, […]