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Global Dairy Trade index has first increase since February

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The Global Dairy Trade index went up for the first time since early February.  Tuesday’s index rose 3.2% with an average price of $3,362 per metric ton.

None of the dairy commodities offered had a price decrease in Tuesday’s trading session.

Skim milk powder was up 7% at $2,776 per ton or $1.25 per pound.

Cheddar cheese prices were up 5.7% at $4,411 per ton or $2.00 per pound.

Global Dairy Trade index has first increase since February