GDT auction with a plus of 1% - MMP prices rise

Second GDT auction in May 2020 ended with an increase of 1% The second May 2020 auction of the Global Dairy Trade (GDT) fully offset the decline in the pre-auction with an increase of +1%. The high surcharges for skimmed milk powder contributed significantly to the result; pure butter is also impressive. At 16,787 t, sales are in the usual seasonal low....