# Global Dairy Trade rises, with prices for milk powder and cheese up - 03 November 2026 Free

> 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%.

- Date: 2026-11-03 · published 2026-11-03T18:08:09.663Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78086-global-dairy-trade-rises-with-prices-for-milk-powder-and-cheese-up-03-november
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/news/news/global-dairy-trade-rises-with-prices-for-milk-powder-and-cheese-up-939277

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