# Global Dairy Commodity Update April 2021 - EDairy News English

> A global dairy outlook says COVID reopening will restore foodservice demand in the US and UK, while Europe faces slower vaccination and continued restrictions. Weather is mixed, with drought spreading across the western US and a cold, slow EU spring. Strong Oceania prices, driven by Chinese buying of whole milk powder and butter, face price resistance elsewhere.

- Date: 2021-04-07 · published 2021-04-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47609-global-dairy-commodity-update-april-2021-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Competing forces of firmer foodservice demand and heavy US stocks against patchy overseas demand leave global dairy prices mixed, with volatility likely.

## Read by commodity

- MILK: neutral

## Sources

- en.edairynews.com: https://en.edairynews.com/global-dairy-commodity-update-april-2021/

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