# Milk oversupply dents confidence

> Rabobank senior dairy analyst Michael Harvey said growth in global milk supply is weighing on global dairy commodity prices. Milk supply peaked in the last quarter of 2017 with the Oceania spring flush.

- Date: 2018-01-08 · published 2018-01-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7145-milk-oversupply-dents-confidence
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Excess global milk supply pressures dairy commodity prices and reduces demand for dairy-linked feed and ingredients. Lower milk prices can also curb herd expansion over time.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2018-01-10 | 5 | -10.8% | -4.4 | Rabobank commentary on global oversupply weighing on dairy commodity prices adds to bearish sentiment. |

## Sources

- farmingahead.com.au: https://www.farmingahead.com.au/on-farm/news/1331117/milk-oversupply-dents-confidence

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