# Mixed movements in dairy commodity futures

> NZX dairy futures were mixed the week before February 26, 2018. Whole milk powder March futures settled at US$3,240/t, up US$30, while skim milk powder March futures fell US$40 to US$1,950/t and anhydrous milkfat and butter near-dated contracts eased.

- Date: 2018-02-25 · published 2018-02-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10927-mixed-movements-in-dairy-commodity-futures
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer whole milk powder and weaker skim milk powder point to mixed global dairy demand, with protein-based dairy feed prices under mild pressure and milkfat firm for later contracts.

## Read by commodity

- MILK: neutral

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/mixed-movements-in-dairy-commodity-futures/

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