# A new fault line appears for dairy between protein and fats

> At the 20 October Global Dairy Trade auction, whole milk powder rose 4.4% and skim milk powder rose 3.4%, while Cheddar fell 7.4% and anhydrous milk fat rose 3.4%. Algeria's state buyer ONIL purchased about 25,000 tonnes of whole milk powder, and New Zealand's peak milk season has passed.

- Date: 2026-11-03 · published 2026-11-03T15:36:46.166Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77996-a-new-fault-line-appears-for-dairy-between-protein-and-fats
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Product-level divergence means milk is being routed toward powders rather than cheese, which shifts global dairy availability. Buyers should expect uneven price moves across dairy ingredients rather than a broad rally.

## Read by commodity

- MILK: neutral

## Sources

- uadairy.org: https://uadairy.org/en/a-new-fault-line-appears-for-dairy-between-protein-and-fats/

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