# Global dairy prices rise 3% at GDT auction as whole milk powder jumps 5.9%

> Global dairy prices rose 3% at the November 3 Global Dairy Trade auction, and whole milk powder prices increased 5.9%. Chinese buyers accounted for 59% of the volume, while skim milk powder reached its highest price since June 2022.

- Date: 2026-11-07 · published 2026-11-07T09:16:20.152Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/85850-global-dairy-prices-rise-3-at-gdt-auction-as-whole-milk-powder-jumps-5-9
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger auction prices and substantial Chinese participation signal firm import demand against available export supply, supporting dairy prices. This is a bullish indicator for milk markets.

## Read by commodity

- MILK: bullish ▲

## Sources

- efeedlink.com: https://www.efeedlink.com/articles/global-dairy-prices-rise-3-at-gdt-auction-as-whole-milk-powder-jumps-5-9

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