
Global Dairy Trade Pulse event 121 recorded higher average prices for whole milk powder and skim milk powder, while butter and anhydrous milk fat prices fell. Whole milk powder averaged $4,057 per tonne, up 6.9%, and skim milk powder averaged $4,122, up 4.3%; total traded volume slipped 0.2% to 3,578 tonnes.
Higher powder prices indicate stronger near-term demand or tighter availability for internationally traded dairy powders, while the decline in butter and milk fat points to softer conditions in those products. The mixed results offer limited evidence of a broad shift in dairy-market fundamentals.
Not 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.