Dairy analysts say a potential global dairy recovery isn’t likely through the end of 2020.
Jason Kurzawski with StoneXsays there remains a bit of downside risk through the fourth quarter as COVID-19 outbreaks continue.
“Is there a really strong bird coming through the market right at the moment? I don’t think so.”
Dairy economist Nate Donnay says he’s bearish on global dairy demand as GDP numbers indicate another drop is possible near the end of the year.
