Page 30 - Dairy Dimension - Jan

| Volume 1 | Issue 2 | Jan-Feb 2025 ANALYSIS

Image Source: Vesper

Analysis of GDT Dairy Auction

Results (2023-2025)

Over the past two years leading up to February 2025, the GDT Price Index Changes (2023-2025)
Global Dairy Trade (GDT) auctions have exhibited GDT Price Index Change (%)
notable fluctuations in dairy product prices and trading
volumes. The GDT Price Index, a key indicator of 2
international dairy price trends, has experienced both Price Index Change (%) 3 1
upward and downward movements during this period.In 0
the latter half of 2024, the GDT Price Index -1
demonstrated a general upward trajectory, with eight
12
increases and four decreases over 12 trading events. For
instance, in the auction held on December 20, 2024, the 2023-03 2023-06 2023-09 2023-12 2023-13 2024-06 2024-09 2024-12 2025-02
index declined by 2.8%, marking the first decrease since Date
October of that year. This decline was attributed to lower
prices for products such as cheddar, mozzarella, skim 4.1%). Conversely, slight decreases were observed in
butter milk powder and mozzarella prices.Throughout
milk powder, whole milk powder, butter, and anhydrous this two-year period, external factors such as global milk
milkfat, while lactose prices saw a slight production levels, seasonal demand variations, and
increase.Transitioning into early 2025, the GDT Price
Index continued to exhibit variability. On February 4, international trade dynamics have significantly
influenced GDT auction outcomes. For example, in
2025, the index recorded a 3.7% increase, reaching its March 2023, both dairy prices and trading volumes
highest level since July 2022. This rise was driven by
significant gains in products like lactose (up 17.7%), skim declined, with a 0.7% drop in the GDT Price Index and a
12.9% decrease in the total volume of dairy products
milk powder (up 4.7%), and whole milk powder (up
sold compared to the previous auction.

30