Global Dairy Trade (GDT)

Global Dairy Trade (GDT), established in 2008, is headquartered in New Zealand, a country renowned for its robust dairy industry. GDT plays a pivotal role in the global dairy market, leveraging New Zealand's advantageous climate and sustainable dairy practices.

Financial Indicators

GDT itself does not directly trade in dairy products but acts as a facilitator for transactions amounting to approximately 1 million metric tons of dairy products annually. These transactions account for billions of dollars and involve participants from over 80 countries, underscoring GDT's crucial position in the dairy trading ecosystem.

Significant Events

Since its inception, GDT has led several innovations and expansions within the dairy industry. In 2012, GDT launched GDT Insight, a tool offering critical data analytics to aid dairy trading decisions. In 2016, it further expanded its services with the introduction of the GDT Marketplace, a flexible, around-the-clock trading platform that extends beyond traditional auction models.

Company Plans

Looking to the future, GDT aims to integrate advanced digital technologies to enhance user experience and increase transparency in trading processes. The company is exploring blockchain technology to secure and streamline auction processes and intends to increase platform inclusivity by engaging with more emerging markets, thereby broadening its global trade network.

Recent Developments

In recent auctions, GDT demonstrated its role as a market stabilizer. Despite a general decline in global dairy prices over four consecutive sessions, mid-July auction results showed a 1.7% increase in whole milk powder and a 2.5% increase in skimmed milk powder prices. The latest auction reported a 0.7% rise in the price index, with whole milk powder reaching USD 4012 per metric tonne. However, recent developments indicate ongoing price declines, with whole milk powder prices falling by 2.4% and skim milk powder by 1.9%, resulting in an overall index fall of 1.4%.

Modified: 2025/11/03