Logo
IndianGlobalBlogsPublicationsPodcastsMarketAboutContact
Logo
IndianGlobalBlogsPublicationsPodcasts
7News
Mandatory Daily Record of Production and Raw Material UtilisationHeritage Foods inaugurates new Ice Cream PlantFSSAI makes registration to all milk vendors in IndiaGujarat Ice Cream Makers Face Cone ShortageSummer Heat to Stress India’s Dairy Cold Chain

Indian Dairy News

FSSAI Licences Get Perpetual Validity
Mar 14, 2026

FSSAI Licences Get Perpetual Validity

India’s food regulator, the Food Safety and Standards Authority of India (FSSAI), has announced a major reform granting perpetual validity to food licences and registration certificates, eliminating t...Read More

Dairy Sector a ‘Safety Net’ for Farmers: NABARD
Mar 14, 2026

Dairy Sector a ‘Safety Net’ for Farmers: NABARD

The Chairman of National Bank for Agriculture and Rural Development, Shaji K V, has highlighted the crucial role of India’s dairy industry in protecting rural livelihoods, describing it as a “safety n...Read More

Bihar Dairy Officer Arrested in ₹30,000 Bribery Case
Mar 14, 2026

Bihar Dairy Officer Arrested in ₹30,000 Bribery Case

A field officer of the district dairy development department in Bihar was arrested by the Vigilance Investigation Bureau (VIB) for allegedly accepting a bribe of ₹30,000 in West Champaran district. Th...Read More

DairyNews7x7
Advertisement

Latest Blogs

See More
Mandatory Daily Record of Production and Raw Material Utilisation
Mar 14, 2026

Mandatory Daily Record of Production and Raw Material Utilisation

I recently reviewed the notification issued by the Food Safety and Standards Authority of India in the context of Schedule IV of the Food Safety and Standards (Licensing and Registration of Food Busin...Read More

FSSAI makes registration to all milk vendors in India
Mar 13, 2026

FSSAI makes registration to all milk vendors in India

The recent advisory issued by Food Safety and Standards Authority of India (FSSAI) mandating registration of milk vendors is a timely and progressive step towards strengthening traceability and accou...Read More

Rajahmundry Milk Incident: Accident or Adulteration?
Mar 10, 2026

Rajahmundry Milk Incident: Accident or Adulteration?

The recent editorial “Bitter Milk” published by The Hindu raises important concerns about food safety in India. The editorial deserves appreciation for attempting to broaden the conversation and under...Read More

Milk Prices Rise in South & West: Is North Next?
Mar 05, 2026

Milk Prices Rise in South & West: Is North Next?

The recent round of retail milk price increases across South India and Maharashtra is no longer an episodic adjustment but a clear signal of structural stress building up in India’s milk economy. Over...Read More

Global Dairy News

Global Dairy Commodity Prices Show Signs of Rally
Mar 14, 2026

Global Dairy Commodity Prices Show Signs of Rally

Global dairy commodity prices have shown a rally in the first quarter of 2026, particularly for products originating from Australia and New Zealand, according to a new Q1 Global Dairy Quarterly report...Read More

How Walmart Keeps Great Value Milk So Affordable
Mar 14, 2026

How Walmart Keeps Great Value Milk So Affordable

Retail giant Walmart has managed to keep the price of its private-label Great Value milk significantly lower than many competing brands through a vertically integrated dairy supply chain and direct co...Read More

Lactose-Free Milk Seen as Growth Driver in Coffee
Mar 13, 2026

Lactose-Free Milk Seen as Growth Driver in Coffee

Lactose-free milk is emerging as a major growth opportunity for the dairy industry, particularly in the rapidly expanding coffee and café segment. A recent US-based study highlighted that lactose-free...Read More

DairyNews7x7
Advertisement
Dairy News 7x7

Your trusted source for all the latest dairy industry news, market insights, and trending topics.

FOLLOW US
CATEGORIES
  • Global News
  • Indian News
  • Blogs
  • Publications
  • Podcasts
SUBSCRIBE TO OUR NEWSLETTER

Stay informed with the latest updates and trending news in the dairy industry.

No spam, unsubscribe at any time

GET IN TOUCH
C-49, C Block, Sector 65,
Noida, UP 201307
+91 7827405029dairynews7x7@gmail.com

© 2026 Dairy News 7x7. All Rights Reserved.

Terms of ServicePrivacy Policy
Prefer Us
Prefer Us

GDT dairy index rise again by 1.2% increase and WMP up 3%

By DairyNews7x7•Published on October 03, 2024

GDT dairy index rise again by 1.2% increase and WMP up 3%
Prefer on

Prices have risen again in the latest Global Dairy Trade auction, held overnight, with a 1.2% increase across the board.

This follows a 0.8% increase from two weeks ago.

Whole milk powder - which has the biggest impact on Fonterra’s farmgate milk price - recorded a solid 3% lift, to an average of US$3559/MT.

Skim milk powder - Fonterra’s second-biggest reference product – dipped 0.6%, to an average of US$2795/MT - it was up 2.2% at the previous event.

Lactose recorded the largest increase - rising a healthy 6.7%, to an average of US$952/MT.

This follows another positive result from the last event where it had a 3.5% lift.

Butter milk powder was not far behind on a 5% boost to an average of US$3171/MT.

Chedder rounded out the positive reference products - up 3.8% to an average of US$4606/MT.

The biggest percentage fall came from mozzarella, which plunged 7.7% to an average of US$4960/MT - a contrast to the previous auction where it gained the most - rising 4.5%.

Other negative results were anhydrous milk fat, with a 0.1% dip to an average of US$7213/MT, and butter, which dropped 1.4% to an average of US$6407/MT.

A total of 38,848 MT of product was purchased by 140 successful bidders, compared to 38,8147 MT and 127 winning bidders last time.

On September 25, Fonterra revised its farmgate milk price forecast for the 2024/25 season, to between $8.25/kgMS and $9.75/kgMS, with a midpoint of $9/kgMS.

This follows from August 23, when Fonterra’s farmgate milk price forecast was between $7.75/kgMS and $9.25/kgMS, with a midpoint of $8.50/kgMS.

The final farmgate milk price for the 2023-2024 season was $7.83/kgMS milk solids.

Stay Updated

Get the latest dairy industry news directly in your feed.

Prefer Us on Google Search

Swipe to continue reading

Previous Article

Next Article