Global Dairy Trade Event 320 concluded with the GDT Price Index up 2.4%. Key Results
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Fonterra
fonterra
AMF index up 2.7%, average price US$5,711/MT
Butter index down 0.8%, average price US$4,829/MT
BMP not offered
Ched index down 1.3%, average price US$4,746/MT
LAC index down 4.6%, average price US$1,236/MT
SMP index up 3.1%, average price US$3,057/MT
SWP not offered
WMP index up 3.1%, average price US$3,397/MT

Fonterra Cooperative Group, the world’s biggest dairy exporter, raised its earnings forecast for the second time in three months after a strong first quarter driven by demand for protein products.

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