# Exports pull down dairy stocks | Capital Press

> Strong US dairy exports in May and June, including record June exports and record May milk powder shipments, have drawn down nonfat dry milk stocks. Dry whey exports rose as China rebuilds its swine herd. Economists do not expect cheese and milk prices to return to their summer highs.

- Date: 2020-08-27 · published 2020-08-27T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/51634-exports-pull-down-dairy-stocks-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Robust export demand supports dairy prices and whey and powder demand, but the expected plateau in prices limits upside for milk-based feed ingredients.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-06-12 | [Canadian dairy sector skimming global exports, U.S. complains - AgCanada](https://feedsoft.ai/events/64636-canadian-dairy-sector-skimming-global-exports-u-s-complains-agcanada.md) | -0.6% | -8.1% |
| MILK | 2023-01-06 | [U.S.-Canada dairy trade relationship remains strained \| Ag Proud](https://feedsoft.ai/events/5545-u-s-canada-dairy-trade-relationship-remains-strained-ag-proud.md) | +2.1% | -6.2% |
| MILK | 2025-02-21 | [The Farmer's Exchange Online For Now, U.S. Dairy Products Escape Countertariffs](https://feedsoft.ai/events/26038-the-farmer-s-exchange-online-for-now-u-s-dairy-products-escape-countertariffs.md) | -0.5% | -8.8% |
| MILK | 2024-07-31 | [Dry whey sales are important to dairy farm prices in the US](https://feedsoft.ai/events/6831-dry-whey-sales-are-important-to-dairy-farm-prices-in-the-us.md) | +2.3% | +4.1% |
| MILK | 2021-01-01 | [Dairy Marketplace Outlook for 2021 - Purdue Ag Econ Report](https://feedsoft.ai/events/49653-dairy-marketplace-outlook-for-2021-purdue-ag-econ-report.md) | +5.7% | +2.0% |

## Sources

- capitalpress.com: https://capitalpress.com/2020/08/27/exports-pull-down-dairy-stocks/

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