Ninth drop: Dairy prices slide into Christmas

Ninth drop: Dairy prices slide into Christmas
(Image: Supplied)
Riley Kennedy
Global dairy prices have taken another hit, as sustained milk supply weighs down on prices.Wednesday’s Global Dairy Trade auction was the ninth consecutive drop at the fortnightly auction and the last for the 2025 calendar year.The GDT Price Index dropped 4.4% to an average price of US$3,341 (NZ$5,777) per metric tonne.Continued growth in milk supplyThe biggest hit at Wednesday’s auction was Whole Milk Powder (WMP), which has the largest influence on the farmgate milk price, down 5.7% to US$3,161/MT.WMP accounts for half of the auct...

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