Loading…
The FAO Food Price Index averaged 133.9 points in October, down 1.2% from September but up 5.9% year on year. The dairy index fell 1.1% to 117.8 as ample supply and weak demand weighed on butter and cheese, while skim milk powder rose on steady import demand and limited availability; whole milk powder prices edged higher on gains in Oceania.
Ample supplies and weak demand are pressuring butter and cheese prices, while firm import demand and limited availability support skim milk powder. These diverging product trends point to mixed implications for dairy ingredient costs and returns rather than a uniform move across dairy markets.
insights.tridge.comNov 10, 2026After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
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.
