The latest Global Dairy Trade (GDT) auction result saw whole milk powder (WMP) lift 0.1% to remain at $3,400/t and, on average, the auction result was up 0.6% to $3,610/t.

All eyes will be on the milk powder result and the purchasing activity from China in particular, as some COVID restrictions were softened last weekend, allowing the potential for more demand as further restrictions ease.