# Mielke Market Weekly

> Dairy prices came under pressure as schools closed and restaurant traffic fell during the COVID-19 outbreak. A dairy broker said retail cheese and butter sales were rising, but future demand was uncertain.

- Date: 2020-03-13 · published 2020-03-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/54152-mielke-market-weekly
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Foodservice and school demand losses weigh on dairy product prices, while stronger retail buying partly offsets the decline.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-07-12 | [Lee Mielke: Dairy product demand weakening \| Capital Press](https://feedsoft.ai/events/40633-lee-mielke-dairy-product-demand-weakening-capital-press.md) | -0.8% | -12.3% |
| MILK | 2018-05-10 | [Dairy markets could finally rebalance](https://feedsoft.ai/events/65157-dairy-markets-could-finally-rebalance.md) | -0.1% | +1.0% |
| MILK | 2021-02-25 | [Dairy is testing historical market limits](https://feedsoft.ai/events/48806-dairy-is-testing-historical-market-limits.md) | +5.2% | +4.1% |
| MILK | 2020-03-31 | [Mielke: Dairy prices hemorrhaging \| Capital Press](https://feedsoft.ai/events/4155-mielke-dairy-prices-hemorrhaging-capital-press.md) | -14.4% | -18.8% |
| MILK | 2016-05-06 | [Milk markets still 'bummed out' by export trade handicap](https://feedsoft.ai/events/4171-milk-markets-still-bummed-out-by-export-trade-handicap.md) | -1.1% | +2.3% |

## Sources

- hoards.com: https://hoards.com/article-27394-mielke-market-weekly.html

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