# Global dairy market outlook 2021 | The Bullvine

> Global milk supply is expected to grow just over 1% in 2021, with most of the increase coming from the US and EU. New Zealand farmers are positioned for good supply growth in the new season. Demand is expected to stay strong through 2021, supported by economic recovery and Chinese import demand.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47115-global-dairy-market-outlook-2021-the-bullvine
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Limited global supply growth alongside firm demand supports dairy prices, while rising feed costs in the US and EU could restrain output in the second half. Buyers should watch feed costs against milk margins.

## Read by commodity

- MILK: neutral

## Sources

- thebullvine.com: https://www.thebullvine.com/news/global-dairy-market-outlook-2021/

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