# Maxum Foods’ monthly global dairy commodity update

> Maxum Foods' December update says global dairy markets remained relatively calm as milk supply growth was matched by demand. It expects milk growth among major exporters to slow, helped by dry southern hemisphere conditions and firmer feed costs, while a weak US dollar aids US protein and cheese competitiveness.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/4231-maxum-foods-monthly-global-dairy-commodity-update
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Slowing export milk growth and a weaker dollar support dairy commodity prices and US export competitiveness, though weak food service demand limits gains.

## Read by commodity

- DXY: bearish ▼
- MILK: neutral

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2020/12/03/Maxum-Foods-monthly-global-dairy-commodity-update/

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