# GDT Event 243 results published  with the Price Index down 0.4%

> Global Dairy Trade Event 243 closed with its price index down 0.4%. Among the components, the AMF index fell 1.5% to US$4,988/MT, the cheddar index fell 0.8%, and the WMP index fell 0.8% to US$3,076/MT. The SMP and BMP indexes rose.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/60594-gdt-event-243-results-published-with-the-price-index-down-0-4
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A slight decline in global dairy auction prices signals soft export demand for dairy products. This points to flat-to-weaker U.S. milk prices, though the small move limits the impact.

## Read by commodity

- MILK: bearish ▼

## Sources

- farminglife.com: https://www.farminglife.com/news/gdt-event-243-results-published-with-the-price-index-down-04-1388831

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