Subscribe Login
Supply Chain

Global Dairy Prices Fall For Second Consecutive Month

By Publications Checkout
Global Dairy Prices Fall For Second Consecutive Month

Global dairy prices fell for the second time in a row at the latest auction held today (Wednesday 5th June), after previously experiencing ten consecutive increases.

The drop was due to strong supply as prices eased off after a long rally at the beginning of the year.

According to GDT Events, the GDT Price Index fell by 3.4%, with an average selling price of $3,423 per tonne.

The index fell 1.2% at the previous sale.

Softer Prices

The most traded item was whole milk powder, which still saw a decline of about 1.5%.


Skim milk powder fell by 4%, while buttermilk powder fell by 10.1%.

Cheddar fell by 14% and butter fell by 10.3%.

The only products that increased their sales were lactose (+0.4%) and Rennet Casein (+4.2%).

A total of 19,874 tonnes was sold at the latest auction, an increase of 28.1% on the last auction.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.