# New Zealand GDT Price Index +3% (prev. +2.5%)

> 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.

- Date: 2026-11-03 · published 2026-11-03T18:37:45.814Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/78297-new-zealand-gdt-price-index-3-prev-2-5
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bullish ▲

## Sources

- newsquawk.com: https://www.newsquawk.com/headlines/new-zealand-gdt-price-index-3-prev-25

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