Global Dairy Trade Auction Sees 1.5% Price Increase
Source: en.edairynews.com
The latest Global Dairy Trade auction, held on May 5, 2026, saw a 1.5% increase in the price index. The average price was $4,127 per metric ton, with 167 bidders participating.
The 403rd Global Dairy Trade (GDT) event took place on May 5, 2026, and resulted in a 1.5% rise in the price index compared to the previous auction. The average price achieved was $4,127 per metric ton, indicating strong buyer interest. A total of 167 bidders participated, with 92 securing winning bids.
The auction included 19 bidding rounds and lasted for 3 hours and 6 minutes, demonstrating a competitive trading environment. The volume sold was 13,743 metric tons, within the expected range of 13,068 to 17,289 metric tons. This indicates that the market was able to absorb a significant portion of the available product without significant downward pressure on prices.
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