Global Dairy Trade index down slightly Tuesday

The Global Dairy Trade index was down slightly in Tuesday’s trade.  The index was down one-tenth of a percent, as strong cheddar cheese prices and a slight gain in whole milk powder value offset losses in butter, skim milk powder, and anhydrous milk fat.

Anhydrous milk fat was down 0.9% to $5,337 per metric ton or $2.42 per pound.

Butter was down 0.6% to $3,449 a ton or $1.56 per pound.

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