# Dairy: The Sum Of All Fears - EDairy News English

> Global Dairy Trade Event 258 closed with the GDT price index down 4.2%, with AMF index down 7.0% and SMP down 4.9%. Whole milk powder fell 3.9% and butter fell 3.6%, while cheddar rose 1.9%.

- Date: 2020-04-21 · published 2020-04-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53639-dairy-the-sum-of-all-fears-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A falling GDT index signals weaker global dairy export prices, supporting lower prices for milk powders and butter that feed into US and export milk values.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/dairy-the-sum-of-all-fears/

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