Global Dairy Trade index, cheddar prices down Tuesday

The Global Dairy Trade index fell seven-tenths of a percent in Tuesday’s trading session.

Slight gains in whole milk powder and lactose prices were offset by losses in skim milk powder, buttermilk powder, butter, anhydrous milk fat, and a big drop in cheddar cheese prices.

Whole milk powder was up 0.2% to $3,277 a metric ton or $1.48 per pound.

Lactose was up 0.3% to $1,112 per ton or $0.50 per pound.

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