Dairy product prices at the latest Global Dairy Trade auction have fallen on the last event.

The results of the auction concluded with the Global Dairy Trade Price Index down 7.9%.

It is the third auction in a row where the result has been down, with the November 3 auction being down 7.4%.

The biggest casualty of the latest auction was whole milk powder (WMP) down 11% while skimmed milk powder (SMP) was down 8.1%.

Key Results

• AMF index down 5.9%, average price US$3,430/MT.
• Butter index up 5.6%, average price US$2,709/MT.
• BMP index down 1%, average price US$1,825/MT.
• Ched index down 5%, average price US$2,874/MT.
• LAC index down 2%, average price US$503/MT.
• RenCas index down 4.4%, average price US$5,250/MT.
• SMP index down 8.1%, average price US$1,851/MT.
• WMP index down 11%, average price US$2,148/MT.

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