Cheddar is getting cheaper, while powdered milk is becoming more expensive — GDT July trading summary

This was reported by Georgiy Kukhaleshvili, an analyst at the Milk Producers Association. The average price of dairy products was $4,380 per ton, which is $106 higher than in the previous trading. The total sales volume was 24.29 thousand tons, which is 1,415 tons less than before. 179 market operators participated in the trading, 18 more than at the beginning of July. Among the main products, prices rose for dry whole milk to $3,928 per ton (+1.7%) and for anhydrous milk fat to $6,973 per ton (+0.8%). The price of butter remained almost unchanged at $7,492 per ton. At the same time, prices fell for Cheddar cheese to $4,589 per ton (–5.6%), Mozzarella to $4,760 per ton (–0.7%), and lactose to $1,355 per ton (–1.5%). The next GDT trading is scheduled for August 5.

This was reported by Giorgi Kukhaleshvili, an analyst at the Milk Producers Association. The average price of dairy products was $4,380 per ton, which is $106 higher than in the previous trading session. The total sales volume was 24.29 thousand tons, which is 1,415 tons less than before. 179 market operators participated in the trading, 18 more than at the beginning of July. Among the main products, prices rose for whole milk powder to $3,928 per ton (+1.7%) and for anhydrous milk fat to $6,973 per ton (+0.8%). The price of butter remained almost unchanged at $7,492 per ton. At ...