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Pulse Event 121 posted mixed results compared with the previous Pulse event and GDT Event 415. Milk powder prices rose, while dairy fats declined; the article provides no product-level prices or volumes.
The mixed auction results indicate divergent demand across dairy products, with firmer powder prices offering support to powder markets while weaker fat prices point to softness in that segment. The limited details do not establish a clear feed-demand or livestock-cost effect.
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.