GDT: Dairy prices edge up 0.1% in latest auction

GDT: Dairy prices edge up 0.1% in latest auction

The Country4 Aug, 2026 10:00 PM2 mins to readDairy prices edge higher as gains in cheddar help offset declines in fat products. Photo / Christine CornegeDairy prices edge higher as gains in cheddar help offset declines in fat products. Photo / Christine CornegePrices have edged higher in the latest Global Dairy Trade (GDT) auction overnight, with the GDT Price Index increasing 0.1%.Whole milk powder, a key driver of New Zealand farmgate milk prices, was up 0.2% to an average price of US$3483/MT. Skim milk powder, Fonterra’s second-biggest reference product,

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