# CME dairy & Global Dairy Trade index up Tuesday - Brownfield Ag News

> CME milk futures rose on Tuesday while cash dairy prices were mixed. The Global Dairy Trade index rose 0.9% to an average of $3,271 per metric ton, with whole milk powder up 0.3% to $3,022 a ton.

- Date: 2019-02-19 · published 2019-02-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9986-cme-dairy-and-global-dairy-trade-index-up-tuesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A firmer GDT index signals stronger global dairy demand relative to supply, which supports milk powder prices and related feed ingredient values.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/cme-dairy-global-dairy-trade-index-up-tuesday/

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