meta GDT index tumbles for first time in 2020 :: The Bullvine - The Dairy Information You Want To Know When You Need It

GDT index tumbles for first time in 2020

The Global Dairy Trade auction index in New Zealand traded lower for the first time in 2020 as global markets continue to react to coronavirus fears, with Oceana market showing overall softness with the total index down 4.7% to $3,226 per ton. Individually whole milk powder was 6.2% lower than two weeks prior. Skim milk powder followed suit down 4.2% and anhydrous milk fat was 4.5% below two weeks ago levels.  Cheddar and rennet casein were both up 6 percent.

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