GDT auction down 5% again

  1. GDT Auction in Aug. 2022: - 5.0%

The first Global Dairy Trade (GDT) Aug 2022 auction once again reduced prices for all dairy products. Whole milk powder and normal butter had to accept the biggest price setbacks. The auction volumes increase seasonally. Whole milk powder (VMP) (approx. 50% auction share) fell significantly by more than -6%....