# Dairy Diary: Global supplies of dairy remain tight

> Global Dairy Trade prices fell for a fifth consecutive auction, with the weighted average down 2.9%. Ukraine's grain exports were reported down 46% year on year, and the USDA said global milk supplies have tightened since the end of 2021.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40041-dairy-diary-global-supplies-of-dairy-remain-tight
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter global milk supply supports dairy prices, but falling auction results and weak Asian buying point to softer export demand for manufactured dairy products.

## Read by commodity

- MILK: neutral

## Sources

- keyagdairydiary.blogspot.com: https://keyagdairydiary.blogspot.com/2022/08/global-supplies-of-dairy-remain-tight.html

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