# Global Dairy Trade buyers are stepping up activity

> NASS dairy products data for December 2022 showed mozzarella, cheddar, butter and nonfat dry milk output rising month over month. Cheese and butter stocks also climbed, while yogurt output fell year over year. Full-year 2022 output for several products was mixed.

- Date: 2023-02-21 · published 2023-02-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/37360-global-dairy-trade-buyers-are-stepping-up-activity
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising production and growing stocks of cheese and powder add supply pressure on dairy prices. That weighs on the milk price outlook for dairy-linked feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-02-29 | [Global dairy forecast: 2024 milk production and trade - Dairy Global](https://feedsoft.ai/events/31686-global-dairy-forecast-2024-milk-production-and-trade-dairy-global.md) | -4.1% | -4.8% |
| MILK | 2024-12-10 | [Global Dairy Market Navigates Tight Butterfat & Rising Milk Output](https://feedsoft.ai/events/26971-global-dairy-market-navigates-tight-butterfat-and-rising-milk-output.md) | -0.7% | +7.9% |
| MILK | 2017-11-03 | [World Dairy Summit: Europe and USA driving global milk production recovery - Agriland.ie](https://feedsoft.ai/events/67978-world-dairy-summit-europe-and-usa-driving-global-milk-production-recovery.md) | +1.1% | -7.2% |
| MILK | 2022-12-09 | [In 2023, Farmers Will See a Weak Global Dairy Market, Say Analysts](https://feedsoft.ai/events/38382-in-2023-farmers-will-see-a-weak-global-dairy-market-say-analysts.md) | +0.8% | -3.3% |
| MILK | 2018-01-03 | [Global dairy surplus weighs on prices \| Capital Press](https://feedsoft.ai/events/5202-global-dairy-surplus-weighs-on-prices-capital-press.md) | -10.5% | -13.1% |

## Sources

- issuu.com: https://issuu.com/theland/docs/2023-0217/s/19550663

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