# Positive EU milk price prospects to end of year

> Irish co-operatives report EU October milk deliveries rose 8.3% year on year and EU milk prices are firming into November and December. Global Dairy Trade prices rose 4.3% on average, with whole milk powder up 5%, while the EU released 53,000 tonnes of butter from private storage aid.

- Date: 2020-12-04 · published 2020-12-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49655-positive-eu-milk-price-prospects-to-end-of-year
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger EU milk prices and GDT gains lift the global dairy price floor, though Brexit trade delays are a downside risk for EU dairy exporters.

## Read by commodity

- MILK: bullish ▲

## Sources

- irishexaminer.com: https://www.irishexaminer.com/farming/arid-40139711.html

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