Milk prices rose at this morning’s Global Dairy Trade (GDT) auction.
Anhydrous milk fat was up 5.3 per cent to US $4787 and butter was up 3.8 per cent to US$4723.
GDT Events said skim milk powder was up too, rising 5.4 per cent to hit US$2400.
Whole milk powder was also up, rising 4.6 per cent to US$2799.
Only cheddar was down, falling 1.7 per cent to $4044.