GDT Auction May 3, 2022: Price discount of -8.5%

  1. GDT Auction in May 2022: - 8.5%

The first May 2022 Global Dairy Trade (GDT) auction delivered another, but this time sharp, pullback in average auction results. The butter fats were particularly affected. Trading volumes have risen slightly, which is unusual for the time of year. Whole milk powder (VMP) (50% market share) had to accept...