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GDT index down 2.8% at latest auction
Anne O'Donoghue
There were 183 participating bidders and 14 bidding rounds at Tuesday’s GDT auction.
11 December 2024 Markets
Dairy Trends: butter drops sharply by €600/t
Butter prices took a big fall this week, as demand for the product dropped on the back of Christmas orders filled, writes Aidan Brennan.
4 December 2024 Markets
Dairy Trends: GDT continues to go up but butter continues to slide
Whole milk powder took a leap forward at the Global Dairy Trade auction, but butter and cheese dropped in all markets.
Latest Global Dairy Trade auction up 1.2%
This marks the third consecutive increase, following a 4.8% increase on 5 November.
3 December 2024 News
Dairy Trends: butter and cheese prices drop
There were reductions in price for butter, cheese and whole milk powder in the European spot markets this week, writes Aidan Brennan.
27 November 2024 Markets
Dairy Trends: GDT up 1.9% and butter breaks records
The price of butter has broken the previous record set just two months ago, writes Aidan Brennan.
20 November 2024 Markets
GDT index rises to a 28-month high
A 1.9% increase at the second and final GDt event for November brings the price index to its highest value in 28 months.
20 November 2024 Northern Ireland
Positive GDT and Dutch auctions boost dairy markets
There were significant increase in butter and milk powder prices at key dairy auctions this week.
6 November 2024 Northern Ireland
Dairy Trends: mixed week for commodity prices
Butter price reverse in both Europe and at GDT auction, but cheddar and WMP prices increase.
2 October 2024 Markets
Dairy prices hold firm at Dutch auction
There were positives and some set-backs at the weekly Dutch Dairy Board auction but prices remain extremely buoyant overall
25 September 2024 Northern Ireland
European butter soars to new price highs
European dairy markets continue to strengthen, with butter hitting another high point at the weekly Dutch auction.
18 September 2024 Northern Ireland
Dairy prices rise at Global Dairy Trade auction
Prices for whole milk powder (WMP) and skim milk powder (SMP) were up 1.5% to €3,099/t and 2.2% to €2,525/t at the Global Dairy Trade auction.
17 September 2024 News