# Dairy Week In Review | Center for Dairy Excellence | Page 38

> The Dairy Price Index on the latest Global Dairy Trade auction fell 2.6 percent, its fifth decline in six auctions, with butter and buttermilk leading the drop. Cheddar fell 2 percent while skim and whole milk powders dropped 1.6 and 1.7 percent. The page also recaps several earlier weekly US dairy reports.

- Date: 2019-08-07 · published 2019-08-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57576-dairy-week-in-review-center-for-dairy-excellence-page-38
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling global dairy auction prices signal weaker export demand for milk powders and butter, which weighs on US Class IV pricing and dairy-based feed ingredient values.

## Read by commodity

- MILK: bearish ▼

## Sources

- centerfordairyexcellence.org: https://www.centerfordairyexcellence.org/markets-management/dairy-week-in-review/page/38/

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