GDT Review: First Rally in 10 Auctions as Powders Start 2026 Strong - January 6, 2026
The Global Dairy Trade auction kicked off 2026 with a long-awaited rebound, posting a 6.3% aggregate gain from the last event — the first higher auction in ten events. In this episode, Cody Koster and John Spainhour break down where the strength showed up.
Whole milk powder stole the show with a 7.8% surge, snapping a multi-month slide, while skim milk powder climbed 5.5%, keeping U.S. nonfat prices at a global premium. Butter and AMF also rebounded after four consecutive declines, helping lift overall sentiment.
The discussion dives into global price relationships, futures expectations versus reality, and why renewed buying interest — potentially from China, Southeast Asia, and the Middle East — may be emerging as GDT offer volumes begin to ease. Is this a turning point, or simply a bounce in a pattern of prolonged weakness?
Tune in for a clear, data-driven breakdown of what changed — and what to watch heading into the next auction.
_
Disclaimer: TRADING FUTURES AND OPTIONS ON FUTURES INVOLVES SIGNIFICANT RISK OF LOSS AND MAY NOT BE SUITABLE FOR EVERYONE. THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THE INFORMATION AND COMMENTS CONTAINED HEREIN ARE PROVIDED BY EVER.AG AS GENERAL COMMENTARY OF MARKET CONDITIONS. THIS INFORMATION SHOULD NOT BE INTERPRETED AS TRADING ADVICE OR RECOMMENDATION WITHOUT FURTHER DISCUSSION WITH YOUR EVER.AG ADVISOR. THIS IS A MATTER OF SOLICITATION.
EVER.AG INSURANCE SERVICES IS A LICENSED INSURANCE AGENCY AND AN AFFILIATE OF EVER.AG. INFORMATION CONTAINED HEREIN IN THIS WEBSITE IS COMPILED FOR THE CONVENIENCE OF THE USER. INFORMATION IS OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE AND IS FURNISHED WITHOUT RESPONSIBILITY FOR ACCURACY OR CONTENT. MARKET DATA IS SUBJECT TO CHANGE AT ANY TIME. Ever.Ag is a licensed insurance agency in the following states: AZ, CA, CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NM, NY, NC, ND, OK, OH, OR, PA, RI, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.
--
The following music was used for this media project:
Music: Funky Intro 29 by TaigaSoundProd
Free download: https://filmmusic.io/song/9520-funky-intro-29
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://linktr.ee/taigasoundprod
© Ever.Ag 2026, confidential and proprietary.
