The Global Dairy Trade index rose 1.2% in the first trading session of the new year Tuesday. It’s the third straight trading event with a rise in the index.
The average price was $3,363 dollars per metric ton.
Whole milk powder values rose 2.5% to $3,290 per metric ton or $1.49 per pound.
Butter was up 2.1% to $5,514 per metric ton or $2.50 per pound.
Anhydrous milk fat rose 0.2% to $5,595 per metric ton or $2.53 per pound.
