Global Dairy Trade Index unchanged Tuesday

There was no change in the Global Dairy Trade index in Tuesday’s trading session, as the average dairy product price remained at $3,479 dollars a metric ton.

Price increases for butter and anhydrous milk fat offset losses by Cheddar cheese and skim milk powder.

Butter prices were up 5.5% to $5,379 dollars per metric ton or $2.43 per pound.

Anhydrous milk fat was up half of a percent to $4,758 per ton or $2.15 per pound.

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