# UN FAO reports on international dairy prices - Dairy Industries International

> The FAO reports that the 12-month rise in global dairy prices ended in June, with butter falling sharply and whole milk powder, cheese and SMP prices easing. Lower Chinese purchases and higher exports from major producers are weighing on prices.

- Date: 2021-07-20 · published 2021-07-20T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46069-un-fao-reports-on-international-dairy-prices-dairy-industries-international
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing global dairy import demand and ample exporter supplies point to softer international dairy prices, reducing demand for dairy-linked feed and milk prices.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyindustries.com: https://www.dairyindustries.com/news/37814/un-fao-reports-on-international-dairy-prices/

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