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The Global Dairy Trade Price Index rose 3.0% in the two weeks ended November 3, following a 2.5% gain at the previous auction. The average winning price reached $4,166 per metric ton, with cheddar, whole milk powder and mozzarella leading gains while butter and buttermilk powder fell.
Rising GDT prices signal firmer global dairy demand and tighter export supply, which supports milk and dairy-based feed ingredient values. The mixed product moves suggest demand is concentrated in cheese and powders rather than fats.
tradingview.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.
