1st GDT auction in Aug 2023: -4.3%

  1. GDT Auction in Aug. 2023: -4.3%

The second July 2023 auction of the Global Dairy Trade (GDT) continued the seasonal weakness with an average of -4.3%. The big loser this time was whole milk powder. The auction volume has made a strong jump to 32,618 t due to the supply. The new milk season has started in New Zealand. Whole milk powder (RMP)...