# Dairy Markets Update - Irish Farmers' Association

> EU and US milk supply growth was moderated by weather, with EU 28 supplies up 2.1% in April and US growth at 0.7% in April and 0.9% in May. EU dairy commodity prices strengthened through June before easing after three consecutive negative GDT auctions.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64035-dairy-markets-update-irish-farmers-association
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slower EU and US milk output supports dairy prices, though recent GDT declines are limiting the gains and pointing to softer global dairy values.

## Read by commodity

- MILK: neutral

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/dairy-markets-update/

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