GDT price index ticks higher

GDT price index ticks higher

New Zealand dairy prices have had an impressive run since December. Prices have risen in 10 straight auction since December 4.

Today's auction saw the GDT index rise 0.5% to $3,447/MT. The climb only partly reverses a stretch in 2018 when dairy had fallen 26% in declines at 13 straight auctions.