# The Farmer's Exchange Online WMP Leads Rally in Dairy Auction; Dairy Consumption at 62-Year High

> 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%.

- Date: 2022-01-28 · published 2022-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43137-the-farmer-s-exchange-online-wmp-leads-rally-in-dairy-auction-dairy-consumption
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmers-exchange.net: http://www.farmers-exchange.net/detailPage.aspx?articleID=21230

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