Global food prices ease; FAO dairy index slips — impact looms
The FAO Dairy Price Index averaged 137.5 points in November, down 4.4 points (3.1 percent) from October and 2.4 points (1.7 percent) from its value a year ago. International dairy prices fell for the fifth consecutive month, with declines recorded across all major dairy commodities. The continued easing stemmed from rising milk production and abundant export supplies in…
GDT Event 391 — Prices Slip Again, Demand Soft; Q4 Looks Cautious
Global Dairy Trade’s Event 391 (4 Nov 2025) extended the recent soft patch in international dairy prices — the GDT Price Index fell 2.4% on the event, with the weighted average price at US$3,768/tonne and 39,508 tonnes sold. The move was broad-based: Whole Milk Powder (WMP) eased 2.7%, the Butter index lost 4.3% to USD…
Milk production annual growth rate slips further to 3.78% in FY24
India’s annual growth rate in milk production has slowed down further to 3.78 per cent in 2023-24, though the country continues to remain the world’s largest producer at 239.3 million tonnes, latest government data showed. The growth rate in milk production was 6.62 per cent in financial year 2017-18 (FY18); 6.47 per cent in…