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The Global Dairy Trade auction event 210 closed with the GDT Price Index up 2.7%. Gains were led by anhydrous milk fat up 5.3%, butter up 2.9%, cheddar up 4.6% and skim milk powder up 3.6%.
Whole milk powder rose 0.9%.
Stronger global dairy auction prices support export-linked dairy values and suggest firmer world prices for dairy ingredients.
farminglife.comThe NewsroomApr 17, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
