# GDT index rises for the third time in a row

> The Global Dairy Trade price index rose 3.0% at the 3 November auction, its third consecutive gain. Cheese led the gains, with cheddar up 8.6%, while butter fell 4.7% for a fourth straight auction. Whole milk powder rose 5.9% and skim milk powder rose 3.1%.

- Date: 2026-11-04 · published 2026-11-04T15:07:39.076Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/79888-gdt-index-rises-for-the-third-time-in-a-row
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising powder and cheese prices support global milk returns, while falling butter weighs on fat-based values. The net effect is a modestly firmer global dairy price outlook.

## Read by commodity

- MILK: bullish ▲

## Sources

- mejerimedier.dk: https://mejerimedier.dk/dairy-nordic-news/gdt-index-rises-for-the-third-time-in-a-row/

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