Global Dairy Trade Event 318 concluded with the GDT Price Index down 4.6%.
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Fonterra
fonterra

Key Results

AMF index down 2.7%, average price US$5,661/MT
Butter index down 2.6%, average price US$4,851/MT
Ched index down 3.9%, average price US$4,769/MT
LAC index not available, average price US$1,310/MT
SMP index down 6.9%, average price US$3,250/MT
WMP index down 4.4%, average price US$3,421/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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