2-Oct-22 GDT auction again -4.6%

  1. GDT Auction in Oct. 2022: -4.6%

The second Oct-2022 Global Dairy Trade (GDT) auction continues the downtrend in the pre-auctions by -4.6% on average. This time, skimmed milk and whole milk powder delivered the decisive downward swings. The auction volume of around 29,000 t for the season is well below the multi-year average. Whole milk...