# Dairy index falls on weaker butter, milk fat demand | BusinessDesk

> The GDT price index fell 0.5 percent at the latest auction, with anhydrous milk fat down 5.1 percent and butter down 4.9 percent. Skim milk powder rose 1.9 percent to its highest average price since August 2014.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6370-dairy-index-falls-on-weaker-butter-milk-fat-demand-businessdesk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk fat demand weighs on dairy prices, while strong skim milk powder pricing supports protein-based dairy values, leaving the overall dairy complex mixed.

## Read by commodity

- MILK: bearish ▼

## Sources

- businessdesk.co.nz: https://www.businessdesk.co.nz/primary-sector/dairy-index-falls-on-weaker-butter-milk-fat-demand/GTW56IWLFZKE7ERBBTX53DU5GE/

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