# eFeedLink - Understanding the world dairy market -and COVID-19's impact - Part 1

> Eric Brooks analyzes how the Global Dairy Trade index fell 64% from its 2014 peak and then recovered to a 2016-17 high, with fats and powders moving on separate paths. He expects the fat-powder price convergence to end when a new market cycle begins.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51134-efeedlink-understanding-the-world-dairy-market-and-covid-19-s-impact-part-1
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Diverging fat and powder prices change which dairy products are cheap to buy, shifting relative demand for dairy ingredients in feed.

## Read by commodity

- MILK: neutral

## Sources

- m.efeedlink.com: https://m.efeedlink.com/contents/09-16-2020/9be61f82-75a9-42b0-b06d-8152ed6b47a0-1001.html

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