# Global Dairy Commodity Update – November 2019 - Maxum Foods

> A dairy trade update said global trade slowed in August, with milk output in major producers beginning to expand. Fat values are seeking demand while protein values firm on lower stocks, and cheese prices are diverging by region.

- Date: 2019-11-10 · published 2019-11-10T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/56066-global-dairy-commodity-update-november-2019-maxum-foods
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing trade and expanding milk supply are bearish for dairy product prices, while firming protein values support dairy-based feed ingredients. The overall outlook for dairy commodities is mixed.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-04-15 | [Dairy Market Update March 2025 \| MCT Dairies, Inc.](https://feedsoft.ai/events/25127-dairy-market-update-march-2025-mct-dairies-inc.md) | +0.8% | +7.1% |
| 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 | 2024-01-03 | [Early Morning Update - January 3, 2024](https://feedsoft.ai/events/5898-early-morning-update-january-3-2024.md) | -5.2% | +0.1% |
| MILK | 2025-02-28 | [Tariffs to Artificial Intelligence, Dairy Market Faces a Number of Uncertainties](https://feedsoft.ai/events/26206-tariffs-to-artificial-intelligence-dairy-market-faces-a-number-of-uncertainties.md) | -9.5% | -7.7% |
| 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% |

## Sources

- maxumfoods.com: https://maxumfoods.com/global-dairy-commodity-update-november-2019/

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