The Global Dairy Trade price index fell another 1.2% in Tuesday’s trade event. The average price is now $3,481 per metric ton or $1.57 per pound. The average also fell 1.3% in the last trading session on June 5th.
More than half of the product sold was whole milk powder, which was down 1% at $3,189 a ton or $1.44 per pound. Skim milk powder was down 1.1% at $2,003 a metric ton or $0.90 a pound and accounted for about one-fourth of Wednesday’s sales.
Continue reading Global Dairy Trade index falls again at Brownfield Ag News.
