The Global Dairy Trade (GDT) Price Index has recorded its fifth consecutive rise in 2026 after today's (Tuesday, March 3) trading event.

The result of the auction saw the index jump by a further 5.7% to 1,271.

This is another boost to the upward trajectory seen in the index since the start of the year.

The previous trading event held on February 17 resulted in the index increasing by 3.6%.

This followed a 6.7% increase on February 3, 1.5% increase on January 20, and a 6.3% increase on January 6, the first index update for the year.

GDT

The GDT auction, which is held twice in every month, is a trading platform for core dairy products.

A total of 165 bidders took part in today's auction, which saw 18,861 metric tonne (mt) of product sold.

The average selling price was €3,676/mt in the auction, which lasted for two hours and 57 minutes.

There were 97 winning bidders and 18 bidding rounds.

The event saw increases in the average prices for the majority of the dairy commodities offered for sale.

The results show a 6.1% rise in the weighted average price of butter to €5,751/mt.

There was a 9.1% rise in the price of skim milk powder to €2,772/mt, while mozzarella was up 7.9% to €3,581/mt.