# GDT event up by 2.2%

> The EU used 152 million tonnes of whole milk in 2016, with 37% going to cheese and 30% to butter. The UK produced over a fifth of EU drinking milk, and five countries produced 70% of EU cheese. The release is a statistical overview of milk usage.

- Date: 2018-01-02 · published 2018-01-02T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/66988-gdt-event-up-by-2-2
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The data gives background on EU dairy processing structure but reports no new supply or price shock. It has little direct effect on feed or dairy price direction.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-12-15 | [Benchmark creeps up 27 cents \| TheFencePost.com](https://feedsoft.ai/events/21663-benchmark-creeps-up-27-cents-thefencepost-com.md) | -0.8% | -7.0% |
| MILK | 2021-04-07 | [Benchmark Price Up 40 Cents - EDairy News English](https://feedsoft.ai/events/47765-benchmark-price-up-40-cents-edairy-news-english.md) | +0.9% | +1.1% |
| MILK | 2021-02-10 | [Benchmark Price Up 32 Cents - EDairy News English](https://feedsoft.ai/events/48803-benchmark-price-up-32-cents-edairy-news-english.md) | +1.0% | +5.2% |
| MILK | 2026-07-02 | [Forecast Update Live: Dairy Forecast Pressures Build  - Ever.Ag](https://feedsoft.ai/events/8577-forecast-update-live-dairy-forecast-pressures-build-ever-ag.md) | +1.4% | +1.0% |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |

## Sources

- farminglife.com: https://www.farminglife.com/news/gdt-event-up-by-22-1391213

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