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Following the GDT auction results, the prices for most dairy products increased, although prices for butter and Cheddar cheese declined.
On Tuesday, May 5, the 403rd GDT Auction took place, resulting in a price index of 1214, which is 18 points (+1.5%) higher compared to the previous auction. The average p...
Based on the auction results, prices for key commodities increased, which may be attributed to a reduction in supply at the auction, slowing milk production in Oceania, and a gradual recovery of demand in the global dairy market. According to The New Zealand Herald, this was the most significant growth in the GDT price index since 2021, r...
On Wednesday, February 7, the 235th GDT auction took place, as a result of which the price index reached 1063 and increased by 33 points compared to the results of the previous auction on January 17. The index increased for the first time since December 2022.
This was reported by the analyst of the Association of Milk Producers, Gеorgiі Kukhaіleshvili.
166 participants took part in the auction. 32,582 tons of dairy products were...
