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The Global Dairy Trade price index fell 2.8% at the latest semi-monthly auction, its second straight decline. Prices were lower for cheddar, mozzarella, skim and whole milk powder, butter and anhydrous milkfat, and higher only for lactose.
Cheddar averaged $4,471 per ton, down 3.4%.
Lower GDT prices signal weaker global dairy export demand and point to softer U.S. dairy product prices. The trend is bearish for milk prices.
cheesereporter.comCaroline StahlJun 18, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
