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Prices held steady at the Global Dairy Trade auction, with the index up 0.9%. Anhydrous milk fat rose 5.3% and butter gained 1.2%, while cheddar and skim milk powder fell.
Steady GDT results indicate firm global butterfat demand with mixed powder and cheese prices. This supports milk prices but shows no strong new trend.
farmersjournal.ieAmy FordeSep 19, 2017Not 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.
