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Global Dairy Trade Event 415, the eleventh auction of the 2026/27 season, recorded an overall price increase of 3.05%. The rise came in well below the 6% to 7% increase implied by Singapore Exchange pricing, while butterfat prices fell.
The smaller-than-expected GDT gain points to softer global dairy import demand than futures suggested, which may limit upside in dairy-based feed ingredients. Butterfat weakness also pressures milk-fat values.
dcamarketintelligence.comNov 5, 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.
