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The Global Dairy Trade index rose 3% at the latest auction, with skim milk powder up 3.1% and whole milk powder up 5.9%. SMP traded at €3,666/t and WMP at €3,541/t, while European SMP prices eased marginally.
Arla cut its December milk price by about 0.5c/l, while FrieslandCampina raised its December price by 1.5c/l.
Stronger powder prices and firm global demand support dairy ingredient costs, while slipping European milk collections could tighten supply further. Mixed European milk price signals suggest the rally may be losing some momentum.
farmersjournal.ieDaire CreggNov 4, 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.
