# Dairy Profitability Remains Elusive, Regardless of Weaker Milk Supply - Dairy Herd

> Rabobank expects slow, steady dairy commodity price gains in the second half of 2024. Global milk supply has weakened for two quarters, but sluggish demand and ample buyer inventories have neutralized the supply pullback.

- Date: 2024-05-02 · published 2024-05-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/4266-dairy-profitability-remains-elusive-regardless-of-weaker-milk-supply-dairy-herd
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak global supply growth could eventually lift dairy prices, but soft demand limits near-term gains. Feed buyers should expect a gradual, not sharp, recovery in milk values.

## Read by commodity

- MILK: bullish ▲

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/dairy-profitability-remains-elusive-regardless-weaker-milk-supply

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