GDT 397: Dairy Prices Rally in Surprise Turnaround
In a surprising contrast to the weak global milk prices and inventory glut seen through late 2025, the Global Dairy Trade (GDT) auction held on 3 February 2026 delivered a strong positive outcome, with dairy commodity prices rising across key product categories. The overall tone of the event echoed market confidence not seen since early…
GDT 396: Dairy Prices Rally Again After Nine Drops
The 396th Global Dairy Trade (GDT) auction — the second dairy trading event of 2026 — delivered a second consecutive rise in global dairy prices, with the GDT Price Index increasing by 1.5 % to 1,088 compared with the January 6 event (which had climbed about 6.3 % to 1,072 after nine straight declines). The…
Global Milk Glut: Dairy Prices Crash as Production Hits “Stunning” Peak
Rabobank and Fonterra warn that surging Global Dairy Production across key exporters is outpacing demand, driving down commodity prices. A dramatic reversal has hit the global dairy market, with Milk Commodity Prices for butter, milk powder, and cheese sliding sharply as a “stunning” surge in global output floods supply channels. This excessive production has fundamentally shifted the balance, with…
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…
GDT Sees Broad Decline in Dairy Prices; Butter, SMP Slide
The latest Global Dairy Trade auction (Event 389) produced a broadly weaker outcome, with the GDT Price Index falling 1.6 % from the previous event. While Cheddar and anhydrous milk fat (AMF) recorded modest gains, key commodities such as butter, whole milk powder, and skim milk powder (SMP) posted declines. Key Trends: Butter & SMP…
Delhi GST Cut Slashes Dairy Prices by 6–12%
The Delhi government’s recent GST rate revisions reduce taxes on essential items including dairy—milk, paneer, ghee, butter, UHT milk—making them 6–12 percent cheaper. While consumers benefit immediately, the move promises ripple effects across the dairy value chain: increased consumption, higher sales volumes, and improved farmer incomes. Industry Insights (Dairy Focus): The newly announced GST cuts…
Dairy Prices Spike in Assam Ahead of GST Relief
Dairy prices in Assam have surged sharply, as traders reacted to the impending Goods and Services Tax (GST) rate cuts by hiking retail prices. For instance, the Sitajakhala Dairy Cooperative raised the milk rate by ₹10 per liter to ₹80 and paneer prices also increased proportionally. This preemptive pricing echoes across local markets, as businesses…
GDT Event 381: Dairy Prices See Mixed Movements
The Global Dairy Trade (GDT) Event 381, held on June 3, 2025, showcased varied trends across key dairy commodities. The overall GDT Price Index experienced a slight uptick of 1.6%, reaching an average weighted price of $4,385 per metric ton. A total of 16,718 metric tons of dairy products were sold, predominantly comprising Whole Milk…
GDT Dairy Prices Dip 0.9% in Season’s Final Auction
The Global Dairy Trade (GDT) auction on May 20, 2025, concluded the 2024/25 season with a 0.9% decline in the price index, signaling a cautious market sentiment. Cheddar cheese experienced a significant drop of 9.2%, settling at an average of US$5,007/MT, while lactose plummeted by 13.2% to US$1,398/MT. Whole milk powder, a key product influencing…
December 2023 dairy market review in Great Britain-AHDB
GB milk deliveries declined less than expected in December, falling back by 0.3%, compared to November’s 2.8% year-on-year decline. Production for the milk season to date (April to December) totals 9,272 million litres, slightly behind (-0.5%) the same point in 2022. This is currently running ahead of the latest forecast revision. Reasons for the less-than-expected decline in…