# Milk Powder Prices Rise as Global Dairy Auction Splits

> At the 3 November 2026 Global Dairy Trade auction, the price index rose 3.0%, with whole milk powder up 5.9% to $3,971 a tonne and cheddar up 8.6%. Butter fell 4.7% to $4,503 and anhydrous milk fat dropped 3.2% to $5,306.

- Date: 2026-11-04 · published 2026-11-05T09:16:01.678Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81566-milk-powder-prices-rise-as-global-dairy-auction-splits
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Powders and butter moved in opposite directions, so a single dairy index hides different cost pressures across ingredient baskets. For feed buyers, the effect on feed commodities is limited, as the move is confined to dairy ingredient markets.

## Sources

- agrilinkage.com: https://www.agrilinkage.com/post/milk-powder-prices-jump-as-global-dairy-auction-splits-from-butter

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