GDT Average falls by 3.6%

This is a sizeable fall at today’s auction and take the average price below $4,000 to $3924 tonne.

Cheddar               down 9.2%          to average $3949

SMP                       down 7.0%          to average $3126

Butter                   down 3.2%          to average $4458

WMP                     down 3.0%          to average $3864

Total tonnage sold 24,278 Next auction Tuesday 20^th July.