Feb. 2024: GDT auction with +4.2%

  1. GDT auction in February 2024: +4.2%

The first February 2024 auction of Global Dairy Trade (GDT) continued the price increase of the previous auctions with an average of +4.2%. Regular butter with above-average markups makes a significant contribution to this. At 24,836 t, the auction volume continues to decline as is usual for the season. The background is...