Dairy prices lift as GDT rebounds 1.5%

Global milk prices rise after previous slides

A drop in milk volumes sold saw prices rise at the Global Dairy Trade auction overnight, stopping the slide seen at the previous two events.

Dairy prices lift as GDT rebounds 1.5%

Prices have bounced back in the latest Global Dairy Trade auction, held overnight, with the overall index lifting 1.5%. This follows two consecutive price...

GDT index moves up after latest trading event

The Global Dairy Trade (GDT) index has moved up after the latest trading event today (Tuesday, May 5), following two consecutive decreases. The index moved up by 1.5% today, the first increase since a slight 0.1% increase on March 17. These two results were separated by decreases in the index of 3.4% and 2.7% (on April 7 and April 21 respectively). The index, which is updated every two weeks, now stands at a figure of 1,214, up from 1,196 two we…