# Maxum Foods global dairy commodity update for September

> Maxum Foods said global dairy trade rebounded in June, and first-half 2020 trade was only 0.7% below 2019. It expects retail demand to stay stable while foodservice recovers slowly, and it sees mixed milk output trends by region.

- Date: 2020-09-07 · published 2020-09-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51130-maxum-foods-global-dairy-commodity-update-for-september
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed production and a slow foodservice recovery leave global dairy prices without a clear direction, so buyers should expect range-bound markets.

## Read by commodity

- MILK: neutral

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2020/09/07/Maxum-Foods-global-dairy-commodity-update-for-September/

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