The average Global Dairy Trade (GDT) price index rose by 1.4% after the second auction of 2025 today (Tuesday, January 21).

There were a total of 178 bidders in the event which saw 27,785MTof product sold.

The average selling price was €4,019 per metric ton in the auction, which featured 19 bidding rounds and lasted for more than two and a half hours.

There were 129 winning bidders at today's event.

The GDT Price Index now stands at 1,218 – compared to the previous index figure on January 7, which was 1,202.

The GDT auction, which is held twice in every month, is a trading platform for core dairy products.

The results of today's event show that the best performer was cheddar which rose by 2.8% to an average price of €4,698/MT.

In contrast the biggest slump was Anhydrous Milk Fat which fell by 7.8% to an average price of €6,414/MT.

The key performers today also included Whole Milk Powder (WMP) which increased by 5% to an average price of €3,866/MT while butter also rose by 2.2% to €6,770/MT and Skim Milk Powder  (SMP) which also had a slight increase of 2% to €2,645/MT.

But there was a less buoyant outcome for mozzarella which declined slightly by 0.3% to €4,034/MT and also lactose which fell by 0.8% to €866/MT.

Earlier today Tirlán announced that its total price will be 56.08c/L, including VAT, for December creamery milk supplies at 3.6% butterfat and 3.3% protein.

This price includes the seasonality payment of 5c/L, including VAT. This payment also applies to non-contracted volumes from autumn calving and liquid milk scheme members, Tirlán said.

The seasonality bonus payments apply over the winter months of December, January and February on all non-contracted milk volumes that meet quality criteria. The payment rates for qualified milk volumes are 5c/L for December, 7c/L for January, and 5c/L for February.