# Dairy price gains could be slow but steady

> Rabobank analysts expect dairy prices to recover slowly over months, not weeks, as cheese prices weakened through the first quarter. Milk output is rising toward its seasonal peak, and Rabobank forecasts lower year-over-year output for the first two quarters before volume turns positive in the second half. Global demand is showing signs of recovery but remains sluggish.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31360-dairy-price-gains-could-be-slow-but-steady
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk supply is being offset by weak global demand and ample buyer inventories, so the price rebound is expected to be gradual. Feed buyers should expect dairy-sector margins to stay tight for some time.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-34898-dairy-price-gains-could-be-slow-but-steady.html

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