The Global Dairy Trade index is up for a fifth straight trading session. The index rose 4.2% with an average price of $3,571 per metric ton Tuesday morning.
The butter market jumped 10.3% higher to $6,516 per metric ton or $2.95 per pound.
Cheddar cheese rose 6.3% to $4,469 per metric ton or $2.02 per pound.
Skim milk powder was up 4.6% to $2,758 per metric ton or $1.25 per pound.
