# GDT Price Index down 3.9%

> The Global Dairy Trade price index fell 3.9% at event 202, with AMF down 6.7%, butter down 2.3%, cheddar down 7.9%, and SMP down 4.8%. Whole milk powder fell 2.5%.

- Date: 2017-12-19 · published 2017-12-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67497-gdt-price-index-down-3-9
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Broad declines in global dairy prices reduce the value of milk-based feed ingredients and pressure export returns. Lower prices may also weigh on dairy feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- farminglife.com: https://www.farminglife.com/news/gdt-price-index-down-39-1062685

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