# International prices for milk and dairy products

> The GDT auction rose 0.9%, extending a run of gains since December 2018. Milk deliveries fell sharply in Australia and New Zealand, Europe was held back by drought, and US output growth slowed. The MMP price rose 2.8% after a 10% pre-auction increase.

- Date: 2019-02-20 · published 2019-02-20T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9987-international-prices-for-milk-and-dairy-products
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Broad supply declines across major exporters are tightening the global dairy balance and supporting prices. Seasonal northern hemisphere peak milk in May and June may add temporary pressure.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2019-02-27 | 5 | +9.3% | 3.5 | Reduced milk deliveries in Oceania, drought in Europe and slowing US output growth tighten global supply, supporting prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-01-02 | [Dairy prices lift as milk volumes tighten](https://feedsoft.ai/events/5207-dairy-prices-lift-as-milk-volumes-tighten.md) | -10.1% | -9.9% |
| MILK | 2018-06-20 | [Where are milk prices headed in rising dairy markets? - Farmers Weekly](https://feedsoft.ai/events/64546-where-are-milk-prices-headed-in-rising-dairy-markets-farmers-weekly.md) | -0.7% | -7.0% |
| MILK | 2024-07-27 | [Dairy Market Mania: How Heatwaves, Bird Flu, and Heifer Shortages are Shaking Up Milk Production and Prices \| The Bullvine](https://feedsoft.ai/events/6829-dairy-market-mania-how-heatwaves-bird-flu-and-heifer-shortages-are-shaking-up.md) | +2.4% | +4.2% |
| MILK | 2024-06-27 | [With commodity prices boosted, what are the prospects for UK dairy?](https://feedsoft.ai/events/29758-with-commodity-prices-boosted-what-are-the-prospects-for-uk-dairy.md) | -1.7% | -0.2% |
| MILK | 2019-06-06 | [Weekly Digest II: Class III and IV milk prices move to two-year highs; ‘forage crisis’ looms - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/58736-weekly-digest-ii-class-iii-and-iv-milk-prices-move-to-two-year-highs-forage.md) | +1.2% | +7.4% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/milk/news/market-report-international-prices-milk-and-dairy-products-continue-rise-2019-02

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