The Global Dairy Index fell 7.4% on Tuesday, its sixth consecutive trading day.
The Cheddar cheese market recovered, while all other items lost value.
The price of cheddar cheese increased 5.8% to $4,127 per metric ton, or $1.87 per pound.
Prices for whole milk powder declined 10.9% to $2,548 per metric ton, or $1.15 per pound.
Skim milk powder fell 5.2% to $2.333 per metric ton, or $1.05 per pound.
The price of anhydrous milk fat fell 5.3% to $4,452 per metric ton, or $2.01 per pound.
Butter prices dropped 3% to $4,539 per pound, or $2.05 per pound.
125 successful bidders purchased 33,580 metric tons of dairy goods in 20 bidding rounds during Tuesday’s trade session.
Since May 16th, the Global Trading Index has declined in all seven trading sessions.
