The Global Dairy Trade (GDT) price index, an indicator of globally traded dairy ingredients prices, has risen by 7.7% over the past fortnight. Tuesday’s (6 September) rise builds on last month’s slightly more impressive jump of 12.7%, and was driven by impressive sales of anhydrous milk fat and skim milk powder (SMP). GDT has now seen significant rises for the last three auctions, following six previous weeks of stagnation. Despite this, the index remains 37% down on on this period two […]
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