# Dairy: LPD and LPE prices rise in October despite FAO index decline

> 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.

- Date: 2026-11-15 · published 2026-11-15T18:09:56.513Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/101507-dairy-lpd-and-lpe-prices-rise-in-october-despite-fao-index-decline
- Commodities: [Nonfat Dry Milk](https://feedsoft.ai/c/NFDM.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: neutral
- NFDM: bullish ▲

## Sources

- gmgalliance.com: https://gmgalliance.com/lacteos-precios-de-lpd-y-lpe-suben-en-octubre-pese-a-caida-del-indice-fao/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.