# Dairy Market Report 18th April - Irish Farmers' Association

> Irish Farmers' Association reports worldwide milk production by major exporters turned negative in February, with Australia down 12.6% and EU volumes lower. It notes ten consecutive positive GDT auctions and Rabobank expects lower output growth through 2019.

- Date: 2019-04-17 · published 2019-04-17T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59607-dairy-market-report-18th-april-irish-farmers-association
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tightening global milk supply and a string of GDT price gains point to firmer dairy prices, supporting milk-linked feed ingredient values.

## Read by commodity

- MILK: bullish ▲

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/dairy-market-report-18th-april/

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