# Dairy market trends for September

> South Africa's milk-to-feed price ratio fell from 1:3 to 1:2 in September as producer prices dropped, and the Milk Producers Organisation warned of reduced future unprocessed milk output. September unprocessed production was 315 million litres, 3% above September 2018. International prices for butter and skim milk powder strengthened in dollar terms in September.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56559-dairy-market-trends-for-september
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A worsening milk-to-feed ratio may trim South African dairy herd feed demand over the medium term, while firmer global butter and SMP prices signal a stronger dairy complex.

## Read by commodity

- MILK: bullish ▲

## Sources

- bizcommunity.com: https://www.bizcommunity.com/Article/196/741/197371.html

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