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Global Dairy Trade auction prices rose 4.6% in the second event of 2022, the largest gain since March 2021, with the weighted average reaching its highest level since March 2014. All products offered rose, led by whole milk powder up 5.6%.
Strong global dairy prices reflect tight export supplies and firm import demand, supporting U.S. milk and dairy product values and the outlook for dairy-based feed ingredients.
farmers-exchange.netJan 28, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
