# Global Dairy Trade Index rises 3% as milk powder prices surge

> The Global Dairy Trade price index rose 3% at its latest auction, its strongest auction-to-auction gain since February. Whole milk powder rose 5.9% and skimmed milk powder rose 3.1% to its highest GDT level since June 2022, while cheddar and mozzarella also climbed. Butter and anhydrous milk fat prices fell.

- Date: 2026-11-05 · published 2026-11-05T15:11:59.963Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81988-global-dairy-trade-index-rises-3-as-milk-powder-prices-surge
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger powder and cheese demand supports New Zealand farmgate milk price expectations and firms global dairy protein values. The move is a routine auction result, so its effect on feed demand is modest.

## Read by commodity

- MILK: bullish ▲

## Sources

- dairybusinessmea.com: https://dairybusinessmea.com/2026/11/05/global-dairy-trade-index-rises-3-as-milk-powder-prices-surge/

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