The Global Dairy Trade (GDT) index once again showed signs of strength in its latest auction.
At Event 413, held on 6 October 2026, the indicator rose 1.2% from the previous event, a move closely watched by dairy sector operators at a time when international prices remain sensitive to shifts in supply and demand.
The weighted average winning price reached US$3,928 per metric tonne. Although it is an overall figure covering several categories of dairy products, it serves as a key benchmark for producers, processors and exporters trying to anticipate the direction of prices in global markets.
On participation, 165 bidders were registered to take part, of which 124 became winning bidders. That ratio, above 75%, indicates that a large majority of participants managed to secure product, although competition for the available offers remained alive throughout the session.
The event ran for 18 bidding rounds and lasted 2 hours and 56 minutes. That is a sustained pace of trading, typical of an auction in which buyers adjust their positions round after round as prices and product availability evolve.
As for volumes, the supply made available by sellers ranged from a minimum of 38,210 tonnes to a maximum of 45,165 tonnes. In the end, 41,692 tonnes were sold, a figure that falls within that range but above the midpoint, suggesting firm buying interest for most of the event.
For the producing sector, every GDT result is a signal that goes beyond the auction screen. International prices shape the expectations of dairy farmers, the decisions of exporting processors and, indirectly, the values that end up reflected on supermarket shelves and in sales contracts in many countries, Argentina among them.
Looking ahead to the next events, the market will be watching to see whether this 1.2% recovery consolidates or turns out to be a one-off move. Factors such as production in the main exporting countries, demand from Asia and the evolution of production costs will be decisive in determining whether the index keeps its upward path in the coming auctions.
