# Marginal increase sees GDT strike 9 consecutive rises - Agriland.ie

> The GDT price index rose 0.8% at event 233, the ninth consecutive increase, with 17,854 tonnes sold across 109 successful bids. Rennet casein and butter led the gains, while lactose fell 5.3%. No sweet whey powder index was published.

- Date: 2019-04-02 · published 2019-04-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8731-marginal-increase-sees-gdt-strike-9-consecutive-rises-agriland-ie
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The ninth straight GDT increase supports global dairy price strength. The move is marginal and has little direct effect on feed costs.

## Read by commodity

- MILK: bullish ▲

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/marginal-increase-sees-gdt-strike-9-consecutive-rises/

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