GDT Rises Again April 26, 2016 12:00 am The latest GDT auction held on 19th April showed a further increase. The average price index increased by 3.8% to $2,263, this follows a 1.2% increase at the beginning of the month. Notable changes include: WMP +7.5% to $2,156 Butter +2.0% to $2,746 Cheddar -3.9% to$2,636 SMP +0.3% to $1,727 But milk prices continue to fall; cuts as from 1st May include: Glanbia by 2ppl to bring their standard litre to15.98ppl South Caernarfon by 1ppl to 16.23ppl Belton Cheese by 1ppl to 19.89ppl Muller Co-op by 1.49ppl to 25.94ppl Arla Members by 0.75ppl to 20.12ppl Arla Non – members will receive a 0.9ppl cut as from 1st June and this will bring their producers’ standard price down to 15.1ppl.
