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,…