# Global Dairy Market: Prices Rise

> At the first Global Dairy Trade auction in November, the weighted average price index rose 3.6% to $4,166 per tonne. Powder prices led the gains, with skim milk powder up 3.4% to $4,109 per tonne, its highest level since June 2022; butter and butterfat remained weak, while cheddar strengthened. Auction volume fell 5.4% to 39,806 tonnes.

- Date: 2026-11-09 · published 2026-11-09T21:07:49.240Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/90145-global-dairy-market-prices-rise
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher powder prices indicate stronger demand or tighter availability in international dairy markets, supporting returns for dairy producers. The lower trading volume and continued weakness in butter temper the strength of the overall signal for feed demand.

## Sources

- schweizerbauer.ch: https://www.schweizerbauer.ch/artikel/politik-wirtschaft/milchmarkt/weltmilchmarkt-preise-ziehen-an-148609

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