# Upbeat response to result of latest GDT

> The Global Dairy Trade price index rose 5.9% at the latest auction, following a 4.9% gain in mid-January. Whole milk powder rose 7.6%, skimmed milk powder 7.2%, butter 7.9% and cheddar 7.2%.

- Date: 2018-02-10 · published 2018-02-10T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/66491-upbeat-response-to-result-of-latest-gdt
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger GDT prices across dairy products signal firmer global demand, supporting dairy feed ingredient values, though rising European milk output limits the upside.

## Read by commodity

- MILK: bullish ▲

## Sources

- farminglife.com: https://www.farminglife.com/news/upbeat-response-to-result-of-latest-gdt-1048522

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