# Prepare for a bearish end for 2020 milk prices - Brownfield Ag News

> A Highground dairy analyst expects the strong 2020 dairy rally to fade by year-end, noting that Class III milk has been above $20 for the first time in about six years. She says foodservice demand remains around 20% lower and global demand will weaken in the second half as inventories build. She recommends farmers lock in prices through the Dairy Revenue Protection program.

- Date: 2020-06-24 · published 2020-06-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52777-prepare-for-a-bearish-end-for-2020-milk-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A forecast of weaker second-half demand and expected production growth in the fall points to downside risk for milk prices after the current rally.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/prepare-for-a-bearish-end-for-2020-milk-prices/

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