# DMI/NMPF Dairy Market Report (COVID-19 Impact) - California Dairy Magazine

> A DMI/NMPF report outlines how COVID-19 hit US dairy prices in waves, with a collapse in futures in March and a cash market meltdown in April. Cash and futures markets rebounded strongly by mid-May, especially for second-half futures.

- Date: 2020-06-01 · published 2020-06-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52611-dmi-nmpf-dairy-market-report-covid-19-impact-california-dairy-magazine
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The rebound in futures improves the outlook for milk prices, though farm milk checks through July still reflect the earlier collapse, and herd expansion remains a supply risk.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-12-06 | [November 2019 Dairy Market Report](https://feedsoft.ai/events/6373-november-2019-dairy-market-report.md) | +0.3% | -12.4% |
| MILK | 2016-12-27 | [December Dairy Market Report](https://feedsoft.ai/events/73485-december-dairy-market-report.md) | +0.1% | -3.7% |
| MILK | 2022-08-08 | [Dairy Market Report July 2022](https://feedsoft.ai/events/40040-dairy-market-report-july-2022.md) | +0.6% | -1.3% |
| MILK | 2022-02-07 | [Dairy Market Report January 2022 - EDairy News English](https://feedsoft.ai/events/42725-dairy-market-report-january-2022-edairy-news-english.md) | +0.5% | +9.2% |
| MILK | 2025-08-01 | [Butter Leads Dairy Market Gains After Bullish Cold Storage Report](https://feedsoft.ai/events/23899-butter-leads-dairy-market-gains-after-bullish-cold-storage-report.md) | +1.3% | +0.9% |

## Sources

- californiadairymagazine.com: https://californiadairymagazine.com/2020/06/01/dmi-nmpf-dairy-market-report-covid-19-impact/

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