Prices Stable In globalDairyTrade EventThe gDT-TWI index was down 3.5% after the latest globalDairyTrade trading event.

The trading manager, CRA International, advised that average prices across all contracts and contract periods were as follows:

Average price
US $ per tonne FAS
% change

Anhydrous Milk Fat
5324
5.9%

Skim Milk Powder
3462
-6.2%

Whole Milk Powder
3790
-3.4%

Paul Grave, globalDairyTrade Manager, said the market continued to be relatively stable with supply factors the primary driver of market sentiment.

For full results see www.globalDairyTrade.info.

The next globalDairyTrade trading event will be held on 6 July 2010.