Global Dairy Trade Event 253 concluded with the GDT Price Index down 4.7%.
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This year's Fonterra director elections have kicked off.

AMF index down 4.5%, average price US$4,626/MT

Butter index up 0.2%, average price US$4,258/MT

BMP index down 5.2%, average price US$2,886/MT

Ched index up 6.0%, average price US$4,302/MT

LAC index up 2.5%, average price US$830/MT

RenCas index up 6.0%, average price US$9,956/MT

SMP index down 4.2%, average price US$2,907/MT

SWP index not available, average price not available

WMP index down 6.2%, average price US$3,039/MT

A former Fonterra consultant and a molecular biologist have teamed up to create lab-grown milk proteins without the need for a cow.

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