GDT 409: Powder Market Stabilises, Fat Prices Remain Under Pressure
The global dairy market appears to be entering a phase of consolidation rather than a sharp directional movement. The latest Global Dairy Trade (GDT) Event 409, held on 4 August 2026, indicates that while milk powder prices have largely stabilised after the sharp correction witnessed during June and July, the milk fat segment continues to…
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…
Global dairy prices under pressure Rabobank Q4 outlook
Global dairy markets softened through Q3 2025 and fell sharply in Q4 2025. In Oceania, spot prices (in USD) for the dairy commodity complex remain weak. Butter has led the decline, down 9% since the beginning of October, and 24% below its peak earlier this year. Whole milk powder (WMP) and cheese have followed suit,…