GDT 404: Powder rally strengthens, fats remain weak
he latest Global Dairy Trade auction (Event 404 held on May 19, 2026) reflects a dairy market that is steadily moving towards balance, with powders continuing to support the index while milk fats and cheese remain under pressure. The auction confirms that the market leadership has now shifted away from the aggressive fat rally seen…
GDT 403: Powders lift index, fats under pressure
The latest auction on the Global Dairy Trade platform (Event 403 held on May 5, 2026) clearly signals a shift in market dynamics, with powders driving the recovery while milk fats continue to correct. The price index moved up by 1.5% to reach at average winning price of USD 4127 per kg after two consecutive…
GDT event 402 Extends Decline as Demand Weakens
The latest Global Dairy Trade (GDT) Event 402 held on April 21, 2026, extended the recent correction in global dairy markets, with the GDT Price Index declining by approximately –2.7%, marking the second consecutive drop after the strong rally seen earlier this year. The average winning price is estimated to have eased to around USD…
Global Dairy Prices Surge Despite Supply Glut
The latest Global Dairy Trade Event 400 held on March 17, 2026, has delivered another strong signal to global markets, with dairy prices continuing their upward trajectory despite weak farmgate milk prices and high inventories across major exporting regions. The auction builds on the momentum of the previous event, where the GDT price index had…
GDT 398: Dairy Prices Extend Rally as Global Demand Strengthens
Event 398 of the Global Dairy Trade (GDT) — held on 17 February 2026 — delivered another positive result for international dairy commodity markets, marking the second consecutive price increase after a prolonged downturn that lasted through much of 2025. The overall GDT Price Index rose by 3.6 %, lifting the average winning price to…
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 395: Global Dairy Prices Rebound After Nine Drops
The 395th Global Dairy Trade (GDT) auction — the first of 2026 — delivered a strong rebound in global dairy prices, with the GDT Price Index climbing 6.3 % to 1,072 from 1,008 at the final auction of last year after nine consecutive declines dating back to mid-2025. This sharp uptick signals renewed optimism among…
GDT Index Falls 4.3% — Powder Slide Rattles Markets 2025
Global dairy markets turned distinctly bearish in the 393rd Global Dairy Trade (GDT) event, where the GDT Price Index dropped 4.3%, pulling the weighted average winning price down to around USD 3,507 per tonne. The auction moved nearly 34,282 tonnes, confirming that today’s decline was driven by meaningful trading volume rather than thin-market volatility. The…
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…