# Global skimmed milk powder prices hit highest level since 2022

> Global skimmed milk powder prices rose 3.1% at the November 3 Global Dairy Trade auction to $4,109 per tonne, their highest level since June 2022, as demand for dairy ingredients strengthened, particularly among Asian buyers. The overall GDT index rose 3% for a third consecutive gain, while butter and anhydrous milk fat prices declined; EU skimmed milk powder prices were also substantially higher than a year earlier.

- Date: 2026-11-06 · published 2026-11-06T18:12:54.209Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/84463-global-skimmed-milk-powder-prices-hit-highest-level-since-2022
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger Asian buying is supporting dairy-protein prices, while the declines in dairy fats show that demand and price strength are not uniform across products. The report does not establish a direct price implication for the listed feed or livestock commodities.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-12-31 | [Higher milk prices expected in 2019](https://feedsoft.ai/events/7672-higher-milk-prices-expected-in-2019.md) | +2.2% | +1.1% |
| MILK | 2018-09-06 | [Global dairy prices take a hit \| 2018-09-06  \| Dairy Foods](https://feedsoft.ai/events/63186-global-dairy-prices-take-a-hit-2018-09-06-dairy-foods.md) | -2.5% | -4.5% |
| MILK | 2016-08-02 | [Dairy product prices jump as global milk output eases \| BusinessDesk](https://feedsoft.ai/events/6032-dairy-product-prices-jump-as-global-milk-output-eases-businessdesk.md) | +12.3% | +10.9% |
| MILK | 2020-01-02 | [Higher Milk Prices Are Here — Now What? - EDairy News English](https://feedsoft.ai/events/4662-higher-milk-prices-are-here-now-what-edairy-news-english.md) | -12.0% | -11.7% |
| MILK | 2018-05-29 | [Exports Provide Milk Prices A Glimmer Of Hope – Histórico eDairyNews](https://feedsoft.ai/events/9761-exports-provide-milk-prices-a-glimmer-of-hope-historico-edairynews.md) | +1.4% | +0.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/global-skimmed-milk-powder-prices-hit-highest-level-since-2022/

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