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The FAO dairy price index fell 1.1% in October to 117.8 points, driven by lower butter and cheese prices. Skim milk powder (LPD) rose 46% year on year, while whole milk powder (LPE) held steady.
Tight US availability of milk powder for high-protein products is supporting skim milk powder prices even as EU butter and cheese oversupply weighs on the index. Feed buyers should watch NFDM and milk-based protein costs.
gmgalliance.comEquipo editorial GM AllianceNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
