# 2020 dairy outlook update: cautious optimism toward recovery | FCC

> The FCC's October 2020 dairy outlook says prices have trended up as butterfat and protein yields recover from summer lows. Demand is nearing pre-pandemic levels and Canadian farm revenue forecasts for 2020 were revised.

- Date: 2020-10-20 · published 2020-10-20T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/50646-2020-dairy-outlook-update-cautious-optimism-toward-recovery-fcc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Improving dairy prices and recovering demand support herd economics and feed purchasing. The effect on feed grain prices is modest.

## Read by commodity

- MILK: bullish ▲

## Sources

- fcc-fac.ca: https://www.fcc-fac.ca/en/knowledge/economics/2020-dairy-outlook-update-cautious-optimism-toward-recovery

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