# Global Dairy Trade Event 325 concluded with the GDT Price Index up 3.2% • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> Global Dairy Trade Event 325 closed with the GDT Price Index up 3.2%. Butter rose 6.6%, anhydrous milk fat rose 4.8%, and whole milk powder rose 3.8%. Skim milk powder was unchanged.

- Date: 2023-02-08 · published 2023-02-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37363-global-dairy-trade-event-325-concluded-with-the-gdt-price-index-up-3-2
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher GDT index suggests firmer global dairy export prices and better demand from importers. This supports milk prices modestly and can improve the outlook for dairy-linked feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2023/02/08/global-dairy-trade-event-325-concluded-with-the-gdt-price-index-up-3-2/

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