# Easier GDT Doesn’t Affect Global Commodity Recovery or Justified Milk Price Increases - Irish Farmers' Association

> The Irish Farmers' Association says the slight softening in the two June GDT auctions does not change the upward trend in international dairy prices. Butter has risen up to 25% and cheddar 16% since the start of the year. The IFA argues co-ops should pass higher returns to farmers through higher milk prices.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64548-easier-gdt-doesn-t-affect-global-commodity-recovery-or-justified-milk-price
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Sustained gains in butter and SMP values support higher dairy commodity prices despite the short-term GDT dip, which keeps dairy ingredient costs elevated.

## Read by commodity

- MILK: bullish ▲

## Sources

- ifa.ie: https://www.ifa.ie/farm-sectors/easier-gdt-doesnt-affect-global-commodity-recovery-or-justified-milk-price-increases/

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