# New trends emerging on dairy commodity prices - 24 May 2018 Premium

> Speakers at the Dairy Industry Newsletter conference in London said dairy commodity prices are likely to rise, citing over 40,000t of skim milk powder sold from EU intervention and stocks falling from about 400,000t to nearly 300,000t. A US speaker expected US supply growth of about 1% and butter and cheese demand up 2% this year.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/65023-new-trends-emerging-on-dairy-commodity-prices-24-may-2018-premium
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling intervention stocks and expected tighter supply support higher SMP, butter and cheese prices, which benefits dairy-based feed ingredient values.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/dairy/markets/new-trends-emerging-on-dairy-commodity-prices-374698

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