# Flat global milk production sparks price optimism | Capital Press

> Rabobank analysts report that milk production in major dairy-exporting countries is lower in 2019 than 2018, with further contraction expected in New Zealand and Australia. US milk output has been flat, butter stocks have eased toward normal, and record cheese inventories have flattened.

- Date: 2019-07-11 · published 2019-07-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58256-flat-global-milk-production-sparks-price-optimism-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tightening global milk supply and reduced stocks support dairy prices into the coming months, which can raise demand for dairy-based feed ingredients and affect feed cost planning.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2019/07/11/flat-global-milk-production-sparks-price-optimism/

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