The Global Dairy Trade Index fell 3.3% in Tuesday’s trading session. Prices for all products were down, but butter and buttermilk powder took the largest fall.
Buttermilk powder was down 11.4% to just $2,189 per metric ton, or $0.99 per pound.
Butter was down 10.3% selling for $4,842 a metric ton or $2.19 per pound.
Skim milk powder, which accounted for about 25% of Tuesday’s sales fell 6% to $2,525 per ton or $1.14 per pound.
