GDT Event 381: Dairy Prices See Mixed Movements
The Global Dairy Trade (GDT) Event 381, held on June 3, 2025, showcased varied trends across key dairy commodities. The overall GDT Price Index experienced a slight uptick of 1.6%, reaching an average weighted price of $4,385 per metric ton. A total of 16,718 metric tons of dairy products were sold, predominantly comprising Whole Milk […]
GDT Dairy Prices Dip 0.9% in Season’s Final Auction
The Global Dairy Trade (GDT) auction on May 20, 2025, concluded the 2024/25 season with a 0.9% decline in the price index, signaling a cautious market sentiment. Cheddar cheese experienced a significant drop of 9.2%, settling at an average of US$5,007/MT, while lactose plummeted by 13.2% to US$1,398/MT. Whole milk powder, a key product influencing […]
December 2023 dairy market review in Great Britain-AHDB
GB milk deliveries declined less than expected in December, falling back by 0.3%, compared to November’s 2.8% year-on-year decline. Production for the milk season to date (April to December) totals 9,272 million litres, slightly behind (-0.5%) the same point in 2022. This is currently running ahead of the latest forecast revision. Reasons for the less-than-expected decline in […]
Reasons to believe dairy prices could move lower in the near term
September milk production was down 0.2% from a year ago and September’s Dairy Products report shows that milk was directed to the churn. StoneX says there was more fat and protein in the milk, along with declining fluid milk sales, so the amount of solids available to turn into dairy products was up about 1.1%. […]
Dairy companies to further increase their prices in first half of Fy 23
Milk prices could remain high in the current financial year on account of the high global prices of skimmed milk powder and cattle feed. This could prompt dairy companies to hike prices further in the first half of the financial year, analysts at ICICI Securities said in a note on Friday. “All the dairy companies […]
Global dairy prices improves at GDT auction on Feb 7th
The global dairy index as shown a 3.2% increase since the last event. The average dairy price has reached to USD 3456 per MT on Feb7th 2023. The prices with % change for various commodities is being shown as below. Global dairy trade event 325 results Feb 07 2023 A total volume of 32582 MT […]
End of Covid zero policy in China may lift the dairy prices in future
Dairy prices have started 2023 on a soft note, However, analysts are banking on China ending its Covid-zero policy to lift prices in the coming months. Westpac’s senior agri economist Nathan Penny says the bank is sticking to its forecast milk price of $8.75/kgMS for this season. “Prices in late 2022 had been weaker than […]
Global Dairy Trade index up slightly at an average of 3610 USD per MT
The latest Global Dairy Trade (GDT) event has concluded with the GDT price index up 0.6%. The average price was $3,610/MT with 29,570MT of product sold at today’s (Tuesday, December 6) event. There were 118 winning bidders, out of a total of 156 participating bidders at the event, across 17 bidding rounds lasting two hours […]
Further price increases pose threat to UK meat and dairy demand – AHDB
Nine in 10 consumers have noticed the price of food increasing in supermarkets, with 62% concerned about food costs (AHDB/ Blue Marble Trust Research 2022), according to AHDB Senior Retail Insight Manager Kim Heath. This will come as no surprise as food and non-alcoholic beverage inflation hit 14.6% in September (ONS). Economics dictates that as a general […]
Dairy companies to further increase their prices in first half of Fy 23
Milk prices could remain high in the current financial year on account of the high global prices of skimmed milk powder and cattle feed. This could prompt dairy companies to hike prices further in the first half of the financial year, analysts at ICICI Securities said in a note on Friday. “All the dairy companies […]