Global Dairy Trade Event 319 concluded with the GDT Price Index down 3.9%.
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Global Dairy Trade
Global Dairy Trade

Key Results:

AMF index down 1.7%, average price US$5,562/MT
Butter index up 0.2%, average price US$4,868/MT
BMP index down 11.4%, average price US$2,973/MT
Ched index up 0.9%, average price US$4,802/MT
LAC index down 1.0%, average price US$1,300/MT
SMP index down 8.5%, average price US$2,972/MT
WMP index down 3.4%, average price US$3,279/MT

Globally, consumers can’t get enough of the quality and taste of American dairy products. Foreign exports of American dairy are twice the volume of the nation’s domestic dairy consumption. Last year, about 18% of U.S. dairy production was exported, and economists forecast that percentage to grow more than 25% in 2023.

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