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The drop in prices at the Global Dairy Trade auction was mirrored by price falls at the European spot market, writes Aidan Brennan.
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High milk volumes in New Zealand as a result of good weather and strong farmer sentiment is weighing on the market.
At just under 13,000t this weeks GDT auction was the smallest in over 15 years writes Aidan Brennan.
It is the second consecutive rise in prices at the Global Dairy Trade.
Milk supplies in the US continue to increase, with flows up 2.4% for March 2026 compared with March 2025.
The Global Dairy Trade trading platform registered its first uplift in prices since March, writes Aidan Brennan.
The Ornua PPI for April is the highest level the index has reached since December 2025.
The Global Dairy Trade index declined by 2.7% this week, with big declines for butter and butter oil, writes Aidan Brennan.
How FJ Dynamics is supporting smarter decisions in the field After more than two decades working with GPS technology, Tipperary contractor and dealer Robert O’Shea has witnessed precision farming become an increasingly important part of everyday farm management