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There was no substantial change to dairy market prices this week, with powder prices remaining flat on the European market.
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SMP and butter prices in the European spot market continue to increase, writes Aidan Brennan.
The increase in the Global Dairy Trade index by 6.7% caught most commentators off guard in a welcome sign of some market recovery.
This is the first time that prices have increased at the GDT since August 2025.
Dairy commodity markets continue to see downward pressure due to over supply
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The index, based off the GDT fortnightly auction, has not risen since early August this year.
Butter prices have dropped again this week on the European spot market, reports Aidan Brennan.
National Cultivate Week: celebrating farmers and credit unions that back them On most farms right now, calving is winding down, cattle are out and the decisions that shape the rest of the year are coming thick and fast.