# Which way will dairy prices go?

> The Global Dairy Trade index fell 1.6% as butter, anhydrous milk fat and cheddar declined, while whole milk powder and butter milk powder rose. The index has held near 1080 for three months after trading in a 950 to 1100 range for most of the past nine months. Fonterra said supply and demand remain in balance among major exporters.

- Date: 2017-08-03 · published 2017-08-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5482-which-way-will-dairy-prices-go
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A stable index with balanced supply suggests no strong directional move in global dairy prices, leaving milk fundamentals neutral for now.

## Read by commodity

- MILK: neutral

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/which-way-will-dairy-prices-go/

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