# Global Dairy Trade Signals Market Softening in April 14th Auction • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> The April 14 Global Dairy Trade auction saw the GDT Price Index fall about 3.4%, with butter down 8.1% and cheddar down 3.1%. Skim and whole milk powders also slipped modestly, with the weighted average at $4,228 per metric ton.

- Date: 2026-04-20 · published 2026-04-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/19718-global-dairy-trade-signals-market-softening-in-april-14th-auction-northwest
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Global dairy price declines, especially in butterfat and powders, point to softer export demand and lower ingredient values. This is bearish for dairy-based feed inputs.

## Read by commodity

- MILK: bearish ▼

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2026/04/20/global-dairy-trade-signals-market-softening-in-april-14th-auction/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.