A dairy economist says the June slowdown in markets is likely tied to markets finding their new demand normal.

Rabo AgriFinance’s Ben Laine tells Brownfield foodservice demand has been in a honeymoon phase as more people have become vaccinated and restrictions are lifted, and the restocking phases is starting to dwindle.

“Now it’s more of just maintaining these levels rather than that initial demand surge, we’re seeing just a little bit of a cool down there,” he says.

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