# Global Dairy Trade index falls 0.5 per cent, but pundits forecast firm prices | Farm Online | ACT

> The Global Dairy Trade index fell 0.5 percent at Tuesday's auction, ending a run of increases since mid-September. Fat prices led the decline while whole milk powder and skim milk powder posted gains.

- Date: 2019-12-04 · published 2019-12-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6371-global-dairy-trade-index-falls-0-5-per-cent-but-pundits-forecast-firm-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Analysts expect prices to firm again, so the small fall is unlikely to change the near-term outlook for dairy ingredient costs.

## Read by commodity

- MILK: neutral

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6526138/gdt-down-marginally-but-pundits-still-positive/

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