# Whole Milk Powder Price Falls to - Bloomberg

> Whole milk powder at the Global Dairy Trade auction averaged $2,864 per ton, the lowest since June 2020. The weighted index for whole milk powder fell 8% from the prior auction, and the all-dairy index declined 4.3%.

- Date: 2023-08-01 · published 2023-08-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/4054-whole-milk-powder-price-falls-to-bloomberg
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling global dairy auction prices signal weakening import demand, which weighs on export-linked milk prices. Feed buyers should expect continued softness in dairy-based feed ingredient values.

## Read by commodity

- MILK: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-08-01/milk-powder-price-sinks-to-three-year-low-as-dairy-demand-wanes

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