# The Farmer's Exchange Online Dairy Product Prices Move Down in Global Dairy Trade Auction

> The Global Dairy Trade weighted average fell 2.9% at the August 23 auction, the fifth straight decline, led by a 9.8% drop in anhydrous milkfat. Whole milk powder fell 3.5% and skim milk powder edged up 0.1%, while GDT Cheddar rose 4.2%.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40039-the-farmer-s-exchange-online-dairy-product-prices-move-down-in-global-dairy
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Continued GDT declines point to weaker global dairy demand and lower export prices, pressuring milk values that feed into dairy herd economics and feed purchasing.

## Read by commodity

- MILK: bearish ▼

## Sources

- farmers-exchange.net: http://www.farmers-exchange.net/detailPage.aspx?articleID=21803

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