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Global Dairy Trade auction prices rose 3.1% for skim milk powder and 5.9% for whole milk powder. U.S. nonfat dry milk prices also climbed, while limited skim solids and high U.S. prices are encouraging manufacturers to prioritize nonfat dry milk over skim milk powder; September skim milk powder production fell 58.8% year over year.
Strong protein demand and limited skim solids support dairy powder prices, while the shift toward nonfat dry milk constrains skim milk powder availability. This is supportive for milk prices, though the text gives no specific grain-market driver.
milkproducerscouncil.orgMonica GanleyNov 7, 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.
