GDT price index fell by 4.1% which is largest in 2025
GDT price index fall by 4.1% is highest in this year. Here is a summary of the results from the latest GDT Trading Event.As expected the index plummeted by 4.1% . It was slightly more than the expectations. Major agencies including Rabobank are also suggesting a cautious approach . The major reason being that the traction […]
The FAO Dairy Price Index rose to 152.1 points in April 2025
The FAO Dairy Price Index rose to 152.1 points in April 2025, marking a 2.4% increase from March and a significant 28.4% rise compared to the same period last year. Butter prices reached an all-time high, driven by reduced inventories and strong milkfat demand in Europe, despite seasonally higher milk production. Skimmed and whole milk […]
FAO Dairy price index moved up in June 2024
The FAO Dairy Price Index averaged 127.8 points in June, up 1.5 points (1.2 percent) from May and standing 7.9 points (6.6 percent) above its corresponding value one year ago. In June, international price quotations for butter rose to a 24-month high, underpinned by increased global demand for near-term deliveries amidst heavy retail sales and seasonally falling […]
Modest increase in GDT price index after latest auction
The average Global Dairy Trade (GDT) price index rose by 1.7% according to latest auction results published today (Tuesday, June 4). There were a total of 164 bidders in the event which saw 17,637MTof product sold. The GDT Price Index now stands at 1,162 today – compared to the previous index figure on May 21 of 1,143. The […]
FAO Dairy Price index on the up in March 2024
The FAO Dairy Price Index averaged 124.2 points in March, up 3.5 points (2.9 percent) from February, marking the second consecutive monthly increase, but remained 11.1 points (8.2 percent) below its value in the corresponding month last year. In March, world cheese prices increased the most, reflecting the steady import demand from Asia, higher internal sales in […]
GLOBAL DAIRY TRADE INDEX UP TO START NEW YEAR
The Global Dairy Trade index rose 1.2% in the first trading session of the new year Tuesday. It’s the third straight trading event with a rise in the index. The average price was $3,363 dollars per metric ton. Whole milk powder values rose 2.5% to $3,290 per metric ton or $1.49 per pound. Butter was […]
GDT: Dairy prices rise for the fourth time in a row
Prices have risen for the fourth time in a row in the latest Global Dairy Trade auction, held overnight, with a 4.3 per cent increase across the board. It follows similar lifts of 4.4 per cent on October 3 and 4.6 per cent on September 19, as well as a 2.7 per cent increase on […]
WORLD DAIRY NEWS Global dairy prices moved up by 4% with SMP touching USD 3274/MT
Dairy prices jumped 4 per cent at the global auction overnight, the biggest increase in six months, with gains across all products. The global dairy trade price index posted its biggest increase since early March, when it jumped 15%. The average price for whole milk powder, which has the most impact on what farmers are […]
Global dairy prices moved up by 4% with SMP touching USD 3274/MT
Dairy prices jumped 4 per cent at the global auction overnight, the biggest increase in six months, with gains across all products. The global dairy trade price index posted its biggest increase since early March, when it jumped 15%. The average price for whole milk powder, which has the most impact on what farmers are […]