GDT 411: SMP overtakes WMP after four years

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The Global Dairy Trade (GDT) Event 411, held on 1 September 2026, has delivered a more interesting signal than the headline 0.9% rise in the GDT Price Index suggests. The market has now recorded four consecutive increases, taking the index from 1,140 at Event 409 to 1,166 at Event 410 and now 1,177, but the…