Global dairy prices notch upwards – again

The next auction isn't for another three weeks. (Image: Supplied)

Wed, 16 Apr 2025

Global dairy prices have strengthened despite the global market turmoil of recent weeks.Wednesday morning’s Global Dairy Trade (GDT) auction was much anticipated, given it was the first since US President Donald Trump’s “Liberation Day” two weeks ago.The GDT Price Index increased 1.6% to an average price of US$4,385/MT (NZ$7,434). There are only two more auctions until the end of the New Zealand dairy season.NZ’s milk production begins to decline in April, with most farmers who don’t have winter milk contract...

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