The Global Dairy Trade event from Tuesday finished with the index down six-tenths of a percent. The average price was $3,593 per metric ton. More than half of the product sold was whole milk powder, and nearly one-fourth of the product sold was skim milk powder.
One hundred seventy-four bidders participated in the sale of 19,292 metric tons during a record 22 rounds of bidding.
Cheddar cheese, rennet casein, and skim milk powder indexes were up, while anhydrous milk fat, butter, buttermilk powder, and whole milk powder indexes were down.
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