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The FAO Dairy Price Index averaged 117.8 points in October 2026, down 1.1% from September and 16.9% year over year. Ample export supplies and subdued buying weakened butter and cheese prices, while skim milk powder rose on strong import demand and limited prompt supply.
High butter and cheese stocks in Europe and competitive US export offers add to dairy-fat supply pressure, while tighter powder availability and Asian demand support powders. The mixed price signals reflect different supply-demand balances across dairy products.
dairynews7x7.comDairy News 7x7 Editorial TeamNov 9, 2026After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% over 20.
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.
