7 April 2026, 18:28  New Zealand: Global Dairy Trade Price Index Falls 3.4%

The Global Dairy Trade Price Index dropped 3.4% in the two weeks ending April 7, ending a six-auction streak of gains, with the average selling price at $4,228 per tonne. At the latest auction, 16,497 tonnes of dairy products changed hands. The decline was led by butter (-8.1%), anhydrous milk fat (-7.1%), and mozzarella (-6.2%), while smaller falls were seen in cheddar (-3.1%), milk powder (-1.6%), whole milk powder (-0.7%), and lactose (-0.6%). Gains in buttermilk powder (0.7%) partly offset the overall decrease. At the previous auction on March 17, the index had risen slightly by 0.1%.

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