# Delayed GDT results well worth the wait

> The GDT index rose 6.7% in the February auction, the largest single-event rise since March 2021, with results delayed six hours by a platform problem. SMP and mozzarella rose 10.6%, and the cumulative gain since January reached about 15%.

- Date: 2026-02-04 · published 2026-02-04T12:00:00.000Z
- Category: market · region New Zealand · magnitude medium
- Page: https://feedsoft.ai/events/6656-delayed-gdt-results-well-worth-the-wait
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The GDT rally restores lost value and supports New Zealand milk price forecasts, which may encourage higher milk output and firmer dairy ingredient prices.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2026-02-04 | 1 | +5.9% | 4.8 | The largest single-event GDT gain since 2021, which was delayed by a platform problem, was a strong bullish sentiment shock that likely spilled into US milk futures. |

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/markets/delayed-gdt-results-well-worth-the-wait/

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