# Butterfat Scarcity and Strong Global Demand Suggests Further Milk Price Increases Well Justified - Irish Farmers' Association

> Irish co-ops are expected to keep raising milk prices after Arla lifted its September milk price by 1c/kg to 38.3c/kg. The Irish Farmers' Association cites a global butterfat shortage, strong demand and China's dairy import growth of 30.1% in value for January to July.

- Date: 2017-08-28 · published 2017-08-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69449-butterfat-scarcity-and-strong-global-demand-suggests-further-milk-price
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A global butterfat shortage and strong import demand point to firm dairy prices through year-end, supporting higher dairy product values that feed into milk-based feed costs.

## Read by commodity

- MILK: bullish ▲

## Sources

- ifa.ie: https://www.ifa.ie/farm-sectors/butterfat-scarcity-and-strong-global-demand-suggests-further-milk-price-increases-well-justified/

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