# GLOBAL DAIRY COMMODITY UPDATE SEPTEMBER 2022 - EDairy News English

> The September 2022 global dairy update says tight EU milk supply contrasts with weaker US cheese and protein demand. Weaker Chinese and Asian demand is pressuring Oceania milk powder prices. Wet weather is slowing the start of New Zealand's 2022-23 season.

- Date: 2022-09-04 · published 2022-09-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39594-global-dairy-commodity-update-september-2022-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Soft US and Asian demand for cheese and powders puts downward pressure on dairy commodity prices, while constrained EU and NZ supply offers partial support. The net outlook leans bearish for milk-based commodities.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/global-dairy-commodity-update-september-2022/

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