GDT auction is a mixed bag

Posted on: 23/02/18

Recent gains in the fortnightly GDT auction were brought to a grinding stop this week as the average index fell 0.5% to US$3623 tonne.

Notable prices were:

Butter               up 1.1% to average US$5334 tonne
WMP                up 0.3% to average US$3246 tonne
Cheddar            down 1.3% to average US$3686 tonne
SMP                 down 3.0% to average US$1832 tonne