GDT auction again -2.9% lower

  1. GDT Auction in Aug. 2022: -2.9%

The second Aug 2022 Global Dairy Trade (GDT) auction has reduced prices for all dairy products for a 5th consecutive year. Butterfat and whole milk powder had to accept the biggest price setbacks in alignment with the other prices. The auction volumes increase seasonally. Whole milk powder (RMP) (...