# Growing hope for dairy markets – Ohio Ag Net | Ohio's Country Journal

> Retail dairy sales stayed well above year-ago levels through mid-May, up 25% versus 14% for overall grocery sales. Milk sales were 43% higher and cheese 76% higher in the March 8 to March 22 stockpiling period. Consumers continued to rely on dairy as their main source of comfort foods after the initial panic buying.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4255-growing-hope-for-dairy-markets-ohio-ag-net-ohio-s-country-journal
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Sustained retail demand for dairy supports cheese and milk prices, though the size of the gains may fade as stockpiling unwinds.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-06-09 | 5 | +69.1% | 14.6 | Strong retail dairy demand, with milk and cheese sales far above year-ago levels, supports the demand-side drivers behind the cheese price surge. |
| MILK | 2020-06-03 | 1 | +63.1% | 20.8 | Strong retail dairy demand (milk and cheese sales well above year-ago levels) supports bullish sentiment and demand-side buying, though it is background rather than a same-day trigger. |

## Sources

- ocj.com: https://ocj.com/2020/06/growing-hope-for-dairy-markets/

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