Global Dairy Trade index has first increase since February
The Global Dairy Trade index went up for the first time since early February. Tuesday’s index rose 3.2% with an average price of $3,362 per metric ton. None of the dairy commodities offered had a price decrease in Tuesday’s trading session. Skim milk powder was up 7% at $2,776 per ton or $1.25 per pound. Cheddar cheese prices were up 5.7% at $4,411 per ton or $2.00 per pound. ...

