Dairy product prices increased at the Global Dairy Trade auction, rising for the ninth straight time. European butter prices have recovered further as domestic and export demand remain strong.
Butter milk powder gained 5 percent to US$3,548 a tonne, while anhydrous milk fat rose 3.7 percent to US$5,867 a tonne, and cheddar increased 3.2 percent to US$4,248 a tonne.
