Global Dairy Trade index has first increase since February

Global Dairy Trade index has first increase since February

The Global Dairy Trade index went up for the first time since early February.  Tuesday’s index rose 3.2% with an average price of $3,362 per metric ton.

None of the dairy commodities offered had a price decrease in Tuesday’s trading session.

Skim milk powder was up 7% at $2,776 per ton or $1.25 per pound.

Cheddar cheese prices were up 5.7% at $4,411 per ton or $2.00 per pound.

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