# Dairy commodity update | Ulster Farmers Union

> The Global Dairy Trade index rose 1.9% at its 19 November event, following a 4.8% gain on 5 November, with whole milk powder up 3.2% to its highest since July 2022. UK milk production for the April to October season was 0.2% below 2023, while October deliveries in Great Britain rose 2.5%.

- Date: 2024-11-22 · published 2024-11-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27403-dairy-commodity-update-ulster-farmers-union
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger GDT prices and tighter European supply are likely to lift farmgate milk prices in the coming months, supporting dairy ingredient costs.

## Read by commodity

- MILK: bullish ▲

## Sources

- ufuni.org: https://www.ufuni.org/dairy-commodity-update/

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