GDT 407: Global dairy market enters correction mode
GDT 407: Global dairy market enters correction mode The latest Global Dairy Trade (GDT) Event 407, held on 7 July 2026, has delivered the sharpest correction witnessed in the global dairy market this year. The GDT Price Index declined by 4.9%, while the average winning price fell to USD 3,793/MT, reflecting broad-based weakness across major…
Milk Prices Are Rising—Because Farmers Were Not Earning Enough
Milk prices are rising across India once again. From Punjab to Odisha and Kerala, state dairy federations have begun increasing procurement and retail prices after a prolonged period of relative stability. In Punjab, Verka has raised procurement prices significantly by Rs 20 per kg fat . OMFED has followed with a ₹1 per litre increase,…
Global dairy trade : Dairy Prices Ease Amid Market Correction
The 21 October 2025 auction of GDT Event 390 revealed a weakening tone in the global dairy‐ingredients market. According to trade commentary, the event “signals a weak outlook for global dairy prices”. The organisers noted that the published price indices had faced a correction process; a notice said the “price indices for Trading Event 390…