The outlook for the global dairy market is improving

Supply chains had to be quickly modified when a new type of coronavirus outbreak broke out, at which point many countries focused on selling dairy products in the food industry, the U.S. Department of Agriculture (USDA) wrote in its semi-annual dairy market analysis. In parallel, export sales have temporarily deteriorated and there have been serious concerns that global import demand may collapse. In the United States and the European Union (EU), there has also been concern that stocks of skimmed milk powder in particular have risen sharply. Domestic sales and export market prospects have risen in many markets in recent weeks. In the EU, for example, exports of cheese and butter already exceed the previous year's time-proportionate volume. In the meantime, however, U.S., Australian and New Zealand producers are also striving to gain better positions in the global market. Despite all the problems, the USDA analyzes that milk production in the European Union has reached surprisingly ...