# Analyst: Volatility ahead as dairy markets rebalance | Capital Press

> A Rabobank analyst expects a delicate rebalancing of dairy supply and demand as global milk output growth meets shifting retail, foodservice and export demand after COVID-19. He said US milk production has returned near trend and that US demand should normalize by the second half of 2021.

- Date: 2020-09-26 · published 2020-09-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6551-analyst-volatility-ahead-as-dairy-markets-rebalance-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected volatility and shrinking margins point to uncertain dairy returns, which can temper herd expansion and the demand for dairy feed over the coming year.

## Read by commodity

- MILK: neutral

## Sources

- capitalpress.com: https://capitalpress.com/2020/09/25/analyst-volatility-ahead-as-dairy-markets-rebalance/

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