03 Aug 2020 --- Dairy commodity markets in major producing regions have generally weakened from the COVID-19 pandemic. Specific factors, such as the reactivation of the foodservice sector continue to influence prices, creating diverging trends. This is the latest industry assessment by Maxum Foods, outlined in its Global Dairy Commodity Update. Fundamentals are likely to steadily worsen in the coming months as milk supply expands faster year-on-year and demand slows as recession takes hold.
