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Global dairy prices rose 6.6% at the August 3 Global Dairy Trade auction, averaging US$2,436 per tonne, with whole milk powder up 9.9%. It was the largest gain since October 2015.
Analysts said global milk production is slowing as low returns curb EU output.
The largest auction gain in nearly a year, driven by slowing global supply, suggests firmer dairy prices ahead and higher costs for dairy-based feed ingredients.
irishexaminer.comThu, 04 Aug, 2016 - 01:002016年8月4日在过去 41 次看涨的贸易事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.1%（49% 上涨；中间一半区间为 -1.3% 至 +8.1%），20 个交易日内为 +1.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Coverage of the largest GDT gain since Oct 2015 framed it as a possible start of recovery, boosting bullish sentiment on the date of the move.
Largest GDT gain since Oct 2015 was read as a possible start of recovery, supporting bullish sentiment in dairy futures.
