The latest Global Dairy Trade auction delivered a sharp 3.4% decline, led by significant weakness in butterfat and continued softness across key dairy categories. In this episode, Cody Koster and John Spainhour break down what’s driving the market—from falling fat prices and declining cheese values to a complex global pricing divide between the US, Europe and New Zealand.
Skim milk powder tells a deeper story, with surprising strength in New Zealand contrasting sharply with weaker European pricing, creating a growing global imbalance. Meanwhile, China’s reduced participation and increased buying from Southeast Asia and Mexico are reshaping trade flows in real time.
With geopolitical tensions impacting shipping routes and global milk production remaining strong, the market faces a critical question: can global demand keep up?
Tune in for a clear, market-focused breakdown of what this GDT means now—and what to watch next.
Questions or comments?
Contact Jon at jcs@Ever.Ag, Cody at cjk@ever.ag, or give us a call at (312) 492-4200.
The following music was used for this media project:
Music: Funky Intro 29 by TaigaSoundProd
Free download: https://filmmusic.io/song/9520-funky-intro-29
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://linktr.ee/taigasoundprod
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This episode is also available on the following platforms:
-Apple Podcasts-
-Spotify-
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