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The Global Dairy Commodity Update for August 2021 said market fundamentals should remain mostly supportive of prices through Q1 2022 despite logistics disruption. It noted steady dairy demand, Chinese import demand that remains critical, and U.S. milk supply tightening as the herd contracts.
Tightening U.S. milk supply and steady import demand support dairy prices, while high feed costs constrain yields. The outlook is mildly supportive for milk prices.
en.edairynews.comDamián MoraisSep 5, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
