# Global Dairy Trade Results Update – 5/17/22 – Atten Babler Risk Management

> The Global Dairy Trade price index fell 2.9% at the 17 May auction, its fifth consecutive decline. Whole milk powder dropped 4.9% and butter fell 1.0%, while anhydrous milkfat rose 0.6%.

- Date: 2022-05-17 · published 2022-05-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41416-global-dairy-trade-results-update-5-17-22-atten-babler-risk-management
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling GDT prices signal weaker global dairy export demand and pressure on milk prices. Lower dairy prices may ease the cost of dairy-based feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- attenbabler.com: https://www.attenbabler.com/index.php/2022/05/17/global-dairy-trade-results-update-5-17-22/

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