# Dairy markets see highs and lows in coronavirus-buffeted roller-coaster

> US dairy markets in May and June experienced sharp swings, with the all-milk price hitting a near 11-year low in May before rebounding. Cheese block prices hit record highs in June and July, while milk production cuts and government food purchases tightened supply. Dairy exports rose, with May shipments at a record share of milk solids production.

- Date: 2020-07-22 · published 2020-07-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52277-dairy-markets-see-highs-and-lows-in-coronavirus-buffeted-roller-coaster
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rapid tightening from production cuts and government purchases lifts dairy prices and supports demand for dairy-linked feed inputs, though the rally's durability remains uncertain.

## Read by commodity

- MILK: bullish ▲

## Sources

- eu.wisfarmer.com: https://eu.wisfarmer.com/story/news/2020/07/21/dairy-markets-see-highs-and-lows-covid-buffeted-roller-coaster/5483941002/

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