Global dairy prices rise 3 per cent in latest auction

Wednesday 4 November 2026 · 2 outlets · 2 reports · updated Wed 4 Nov, 10:30am

In this story Fonterra, Global Dairy Trade

The Global Dairy Trade auction saw average prices increase by 3 per cent to US$4166 per tonne. This marks the third consecutive rise for the index, with whole milk powder prices jumping 5.9 per cent. Analysts noted that the results exceeded expectations despite steady global milk production.

How they headlined it

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1. NZ HeraldWed 4 Nov, 9:09am

   GDT: Dairy prices rise 3% as whole milk powder jumps 5.9% (opens in new tab)

2. RNZWed 4 Nov, 10:30am

   Average dairy prices rise 3 percent overnight (opens in new tab)