# World dairy prices to hold steady

> Rabobank expects world dairy prices to hold steady through 2017, with butter prices high at about $4,750/tonne on the GDT platform while skim milk powder remains weighed down by over 350,000 tonnes of EU intervention stocks. Global milk output is falling, but the decline is easing.

- Date: 2017-04-11 · published 2017-04-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71515-world-dairy-prices-to-hold-steady
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Divergent fat and protein markets and large EU stocks cap protein-based dairy values, while tight butter supplies keep fat prices firm, shaping feed demand for dairy rations.

## Read by commodity

- MILK: neutral

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/world-dairy-prices-to-hold-steady/

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