# Dairy prices rally in Q2 amid stable global markets, says Rabobank report

> Rabobank's Q2 2018 dairy quarterly reports that most dairy commodity prices rallied in the second quarter, with butter and cheese demand buoyant. Combined milk supply from the Big Seven exporters grew only 0.5% year on year, the slowest since late 2016. Butter prices in Europe have risen but remain below their 2017 records.

- Date: 2018-06-18 · published 2018-06-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/64542-dairy-prices-rally-in-q2-amid-stable-global-markets-says-rabobank-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slower export milk supply growth combined with firm butter and cheese demand supports dairy prices, which lifts the cost of dairy-based feed ingredients and milk-replacer inputs.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2016-12-27 | [December Dairy Market Report](https://feedsoft.ai/events/73485-december-dairy-market-report.md) | +0.1% | -3.7% |
| MILK | 2024-07-22 | [Market Outlook- Report Summary July 2024 - Dairy Producer](https://feedsoft.ai/events/29258-market-outlook-report-summary-july-2024-dairy-producer.md) | -0.1% | +3.6% |
| 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 | 2019-04-02 | [Rabobank predicts challenging times in dairy - Dairy Industries International](https://feedsoft.ai/events/8726-rabobank-predicts-challenging-times-in-dairy-dairy-industries-international.md) | +5.3% | +6.0% |

## Sources

- foodingredientsfirst.com: https://www.foodingredientsfirst.com/news/dairy-prices-rally-in-q2-stable-global-dairy-markets-in-h2-says-rabobank-report.html

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