PremiumHome / Business / Companies / AgribusinessJamie GrayBusiness Reporter·NZ Herald·20 Oct, 2026 08:52 PM3 mins to readMilk powder prices gained at this morning's GDT auction. Milk powder prices gained at this morning's GDT auction. Dairy prices rallied at this morning’s Global Dairy Trade auction as buyers anticipated tighter supply as a result of the El Niño weather pattern.The GDT price index gained 2.5% from the last event, while the average winning price came to US$4021 a tonne. NZX Dairy said powders remained firmly AdvertisementAdvertise with NZME.
Global Dairy Trade auction prices rally as El Niño effect kicks in
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