# Global Dairy Commodity Update July 2022 - EDairy News English

> A global dairy update reports that supply fundamentals changed little since June while commodity prices eased across the board. Grain and oilseed prices fell sharply due to investment fund selling rather than changes in crop conditions, amid rising recession fears and softer consumer demand.

- Date: 2022-07-04 · published 2022-07-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/8553-global-dairy-commodity-update-july-2022-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Fund-driven selling in grains and oilseeds, along with weaker dairy demand, points to lower feed ingredient and dairy prices, although underlying supply conditions have not changed.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-07-04 | 5 | -9.2% | -4.3 | Global dairy update dated 2022-07-04 reports commodity prices easing across the board amid recession fears and softer demand, a sentiment and demand driver for the Class III drop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-07-02 | [Global Dairy Commodity Update July 2020 - EDairy News English](https://feedsoft.ai/events/52120-global-dairy-commodity-update-july-2020-edairy-news-english.md) | +5.8% | +7.4% |
| MILK | 2020-05-05 | [Global Dairy Commodity Update May 2020 - EDairy News English](https://feedsoft.ai/events/53130-global-dairy-commodity-update-may-2020-edairy-news-english.md) | +1.8% | +5.7% |
| MILK | 2020-08-04 | [Global Dairy Commodity Update August 2020 - EDairy News English](https://feedsoft.ai/events/51638-global-dairy-commodity-update-august-2020-edairy-news-english.md) | -20.8% | -19.4% |
| MILK | 2022-07-07 | [What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English](https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english.md) | +1.5% | -10.0% |
| MILK | 2023-03-17 | [As commodity prices slide, dairies brace for collapsing farmgate milk prices](https://feedsoft.ai/events/36864-as-commodity-prices-slide-dairies-brace-for-collapsing-farmgate-milk-prices.md) | +0.6% | +3.4% |
| CORN | 2022-07-07 | [What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English](https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english.md) | -0.6% | -15.3% |
| CORN | 2021-06-18 | [Explained: What spurred the global commodity market sell-off? - CNBC TV18](https://feedsoft.ai/events/5760-explained-what-spurred-the-global-commodity-market-sell-off-cnbc-tv18.md) | +0.3% | -5.2% |
| CORN | 2020-03-20 | [Commodity weekly \| Saxo](https://feedsoft.ai/events/7426-commodity-weekly-saxo.md) | -0.6% | -3.1% |

## Sources

- en.edairynews.com: https://en.edairynews.com/global-dairy-commodity-update-july-2022/

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