
Global Dairy Commodity Update May 2023
The outlook for market fundamentals is improving but there are some short-term headwinds to get through before we see some lift in product values. The
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The outlook for market fundamentals is improving but there are some short-term headwinds to get through before we see some lift in product values. The

Short-term fundamentals remain but should improve later in the year as global trade recovers and milk production slows. The largest dampener on the market remains

Market sentiment improved significantly in February. However, there was little apparent change in the short-term fundamentals and our outlook in terms of projected values has

Market sentiment has weakened in the global market but there has been little change in short-term fundamentals. While demand has pushed back against high product

The complexity of influences affecting the outlook for dairy commodities has become more deeply mired. Macro conditions have become more complex and uncertain as tensions

Last week the average price at the fortnightly global dairy auction rose 5.1 percent to $US5065 ($NZ7370) a tonne, after rising 4.2 percent in the