The Global Dairy Trade index fell Tuesday after making gains
in the previous four trading sessions.
After a July 7th jump of 8.3%, the price index
fell seven-tenths of a percent to an average price of $3,201 a metric ton.
The only two products showing price gains were Cheddar cheese
and whole milk powder. Cheese prices
rose six-tenths of a percent to $3,803 a ton or $1.72 a pound. Whole milk powder was also up six-tenths of a
percent to $3,218 a ton or $1.45 per pound.