{"id":742532,"date":"2026-06-17T14:54:16","date_gmt":"2026-06-17T14:54:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/742532\/"},"modified":"2026-06-17T14:54:16","modified_gmt":"2026-06-17T14:54:16","slug":"gdt-dairy-prices-fall-2-8-in-second-dip-of-the-new-season","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/742532\/","title":{"rendered":"GDT: Dairy prices fall 2.8% in second dip of the new season"},"content":{"rendered":"

Anhydrous milk fat was down 1.0% to an average of US$6601\/MT.<\/p>\n

The steepest decline was recorded by mozzarella, which dropped 5.0% to an average of US$3750\/MT.<\/p>\n

Lactose was the only product to post a gain, rising 4.2% to an average of US$1702\/MT.<\/p>\n

Butter milk powder was not available at this event.<\/p>\n

A total of 12,922 MT of product was sold to 99 successful bidders, compared with 14,364 MT and 97 winning bidders at the previous auction.<\/p>\n

On May 28<\/a>, Fonterra announced its opening 2026\/27 farmgate milk price forecast of $9.75 per kgMS, within a range of $8.00-$11.00.<\/p>\n

For the 2025\/26 season, which ended May 31, the co-op narrowed its forecast range to $9.60-$9.80 per kgMS, from $9.40-$10.00, with the midpoint unchanged at $9.70 \u2013 its second-highest on record.<\/p>\n

This compares with the record $10.16 per kgMS paid for the 2024\/25 season.<\/p>\n","protected":false},"excerpt":{"rendered":"Anhydrous milk fat was down 1.0% to an average of US$6601\/MT. The steepest decline was recorded by mozzarella,…\n","protected":false},"author":2,"featured_media":742533,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[357872,8845,8814,64,2728,63,14828,99,17471,39600,57656,164,22138,357636,142788,3141,1899,4717,10320,80334,3127,1787,53588,24199,9074,13261,161,28331,320,576,3605],"class_list":["post-742532","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-357872","tag-across","tag-again","tag-au","tag-auction","tag-australia","tag-board","tag-business","tag-dairy","tag-decline","tag-dip","tag-economy","tag-fall","tag-fallen","tag-gdt","tag-global","tag-have","tag-in","tag-latest","tag-losses","tag-new","tag-of","tag-overnight","tag-posting","tag-prices","tag-product","tag-season","tag-second","tag-the","tag-trade","tag-with"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/742532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=742532"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/742532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/742533"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=742532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=742532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=742532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}