# Maxum Foods October global dairy commodity update

> Maxum Foods' October update says global dairy markets have been relatively stable through the September quarter, except for US cheese prices. It expects milk supply growth to slow in the second half of 2020 and warns that a second COVID wave could weigh on demand.

- Date: 2020-10-06 · published 2020-10-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50648-maxum-foods-october-global-dairy-commodity-update
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing but continued milk supply growth and weakening US cheese supply pressure suggest limited dairy price strength. Feed buyers may see flat dairy-related feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2020/10/06/Maxum-Foods-October-global-dairy-commodity-update/

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