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Global Dairy Trade index falls Tuesday

The Global Dairy Trade index fell for a third straight session, falling 5% in Tuesday’s trade.

The powder market took the biggest fall in value, as skim milk powder fell 8.6% to $3,709 per metric ton or $1.68 per pound.  Whole milk powder fell 5.1% to $3,757 a metric ton, or $1.70 per pound. 

The butter market price fell 2.1% to $5,530 a ton or $2.50 per pound.

Anhydrous milk fat was down 2.1% to $5,580 per ton or $2.53 per pound.

Global Dairy Trade index falls Tuesday