GDT price index highest since March 2014

Posted on: 04/02/22

This weeks GDT average price averaged $4630 tonne the highest average since March 2014 and up 4.1% on only 2 weeks.  Total sold 28,463 tonnes to 111 winning bidders with 162 bidders involved.

Notable prices were

WMP       + 5.8% to average US $4324 tonne

Butter      + 3.3% to average US $6359 tonne

Cheddar  + 2.4% to average US $ 5684 tonne

SMP         + 2.1% to average US $ 4051 tonne