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The GlobalDairyTrade price index rose 3% at the latest auction, following a 2.5% gain at the previous one. The result extends a run of positive dairy auctions.
A firmer GDT index supports New Zealand dairy export revenue and farm-gate milk prices, with whole milk powder and butter driving the result. Global dairy price direction is supportive for dairy-linked feed demand, though the effect on feed grain prices is limited.
newsquawk.comNov 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.
