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The Global Dairy Trade auction (Event 180) closed with the GDT Price Index up 0.6%. Within the results, the AMF index rose 3.7% and the butter index rose 1.6%, while skim milk powder and whole milk powder were slightly lower.
The article gives a single auction outcome with no new cause.
A modest index gain signals stable to slightly firmer global dairy export prices, with mixed product trends.
farminglife.comThe NewsroomJan 17, 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.
