Global Dairy Trade: Prices rebound after declines

In the latest Global Dairy Trade (GDT) auction, Event 384, held on July 15th, 2025, the GDT Price Index registered a 1.1% increase, reversing a trend of four consecutive sessions of price declines. The event closed with an average winning price of USD 4,380 per metric ton.

This upturn in prices reflects a broader positive shift in global dairy markets, particularly significant after a period marked by market volatility. The event saw 17 rounds of bidding over 2 hours and 27 minutes, with strong participation fr om 179 bidders. Of these, 118 emerged as winners, highlighting robust competition.

In total, 24,290 metric tons of dairy products were sold, well within the supply range of 22,781 to 28,705 metric tons, indicating healthy market absorption. The modest yet notable rise in prices is observed closely by industry stakeholders, particularly in regions like Oceania and Latin America, wh ere GDT prices serve as a critical export benchmark.

The recent increase in prices could be attributed to expectations of a reduced seasonal output in New Zealand and signs of recovering demand from Asia and the Middle East. However, the market remains sensitive to global climatic conditions, geopolitical tensions, and macroeconomic shifts. The outcome of this GDT event provides cautious optimism, but future auctions will be crucial in determining whether this upward trend will continue or if prices will once again fluctuate.