Loading…
The Global Dairy Trade auction on Tuesday lifted the GDT index by 3% to an average of €3,714/t, its third consecutive rise. Skim and whole milk powders gained 3.1% and 5.9%, and cheddar jumped 8.6%, while butter fell 4.7%.
Stronger milk powder and cheese prices point to firmer global dairy demand, which supports dairy-based feed ingredient values, while weaker butter and milk fat reflect soft fat demand. Feed buyers may see milk-powder-linked costs edge up.
farmersjournal.ieHannah FurlongNov 3, 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.
