Butter, milkfat dip as powders drag GDT index lower
The latest Global Dairy Trade (GDT) trading event delivered a noticeably softer price tone: the overall GDT Price Index fell 4.3% from the previous auction, with the weighted average price at US$4,043 per tonne and total volume sold around 41,465 tonnes — largely whole milk powder (WMP) and skim milk powder (SMP). The result shows…
GDT Price Index Edges Up 0.7% at Latest Auction
The latest GDT auction delivered a modest uptick in global dairy ingredient prices, with the overall GDT Price Index rising 0.7% compared to the prior event. Underpinning this movement was a weighted average price of USD 4,249 per tonne, indicating stable but firm global demand for dairy commodities . Whole Milk Powder (WMP) prices accounted for…
GDT price index fell by 4.1% which is largest in 2025
GDT price index fall by 4.1% is highest in this year. Here is a summary of the results from the latest GDT Trading Event.As expected the index plummeted by 4.1% . It was slightly more than the expectations. Major agencies including Rabobank are also suggesting a cautious approach . The major reason being that the traction…
GDT Index Falls; Butter and Cheddar remains strong
In the 17 June Global Dairy Trade (GDT) auction, the overall GDT Price Index fell 1.0%, settling at USD 4,389/tonne . Anhydrous Milkfat: Lost ground with a 1.3% price index decline, averaging USD 7,276/MT (€6,290). Butter: Strength continued, with a 1.4% index rise to USD 7,890/MT (€6,821). Cheddar Cheese: Notable increase of 5.1%, averaging USD 4,992/MT…
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…
Dairy prices on fire in recent global trade auction-will it last?
Much to the benefit of New Zealand, whole milk powder is faring better than other global commodities like crude oil at the moment, despite ongoing geopolitical uncertainty. The global dairy trade auction late last week was the second since “Liberation Day”, when US President Donald Trump slapped baseline 10% tariffs on all its trade partners…
Global dairy price index moved up by 1.4% at GDT
Prices are up in the latest Global Dairy Trade auction, held overnight, with a 1.4% increase across the board. It is the second auction of the calendar year and follows a 1.4% fall from the previous event two weeks ago. Good news for farmers as whole milk powder — which has the biggest impact on Fonterra’s farmgate milk…
Global Dairy price index showing stagnancy
The Global Dairy Trade (GDT) Event 366, held on October 15, 2024, saw mixed outcomes across dairy products. While the index hardly plummeted by 0.3% with Global dairy price index at UsD 3852/MT.. Whole Milk Powder (WMP) prices remained relatively stable with only slight fluctuations, reflecting consistent demand. However, other categories, such as Lactose and …
GDT dairy index rise again by 1.2% increase and WMP up 3%
Prices have risen again in the latest Global Dairy Trade auction, held overnight, with a 1.2% increase across the board. This follows a 0.8% increase from two weeks ago. Whole milk powder – which has the biggest impact on Fonterra’s farmgate milk price – recorded a solid 3% lift, to an average of US$3559/MT. Skim milk powder – Fonterra’s…