GDT 406: Global dairy prices correct across commodities
The latest Global Dairy Trade auction (Event 406 held on June 16, 2026) signals a broad-based correction in global dairy prices, with the GDT Price Index declining by 2.8% and the average winning price settling at USD 3,979/MT. Unlike Event 405, where fats had shown some recovery, Event 406 witnessed weakness across most major commodities,…