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 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…