GDT 407: Global dairy market enters correction mode

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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…

GDT 406: Global dairy prices correct across commodities

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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,…

GDT 405: Fat prices recover, powders correct

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The latest Global Dairy Trade auction (Event 405 held on June 2, 2026) has changed the market narrative once again. After two consecutive events where powders were showing resilience, Event 405 indicates that the global dairy market is moving into a more complex balancing phase, where milk fats have regained strength while powder prices have…

GDT 404: Powder rally strengthens, fats remain weak

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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

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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

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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

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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

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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

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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

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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…