# Dairy prices hit near two-year low after eighth consecutive fall | RNZ

> The GDT Price Index fell 4.3 percent to US$3,507 per tonne, its eighth straight fall and lowest since January 2024. Whole milk powder dropped 2.4 percent to US$3,364 per tonne, and butter fell over 12 percent. NZX analyst Rosalind Crickett cited weak bidding amid oversupply and rebounding Chinese collections.

- Date: 2025-12-02 · published 2025-12-02T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4092-dairy-prices-hit-near-two-year-low-after-eighth-consecutive-fall-rnz
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak auction prices and expected continued pressure on powders point to lower global dairy export values, reducing demand signals for dairy-based feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2025-12-03 | 1 | -7.9% | -22.2 | The GDT index fell 4.3% for an eighth straight decline (butter down over 12%), which signals weak global demand and oversupply and weighs on US dairy futures sentiment; it was published on 2025-12-02, just before the move. |
| MILK | 2025-12-03 | 5 | -8.1% | -3.2 | The GDT index hit a near two-year low on weak bidding amid oversupply, reinforcing bearish global price signals. |

## Sources

- rnz.co.nz: https://www.rnz.co.nz/news/business/580693/dairy-prices-hit-near-two-year-low-after-eighth-consecutive-fall

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