Cheeses have bucked the trend at this week’s Global Dairy Trade (GDT) auction, with the global index increasing by 1.9%.

This rise marks the second successive increase after there was a 4.8% increase on 5 November.

In total, 36,244t of dairy produce was traded, as 162 bidders participated in Tuesday’s auction.

Dairy prices

The only products to see a decrease in value was cheddar, which went down 3.1% to €4,581/t, and mozzarella, which fell 6.6% to €4,089/t.

On the other end of the scale, whole milk powder had the largest increase, at 3.2% to €3,626/t. This was followed by anhydrous milk fat, which rose to €7,223/t, up 1%, and skim milk powder, up 0.9% to €2,731/t.

Butter also saw an increase, growing in price by 0.5% to €6,641.

There were no figures available for butter milk powder and lactose at this week’s auction.