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Global dairy outlook not nearly as dire

Heavy inventories and reduced demand will likely weigh on dairy prices through rest of 2020 and into 2021.

Stay-at-home orders are being lifted, foodservice recovery is underway and governments are stepping up to aid recovery, resulting in a global dairy outlook that is now not nearly as dire as when the COVID-19 crisis was at its peak, according to Rabobank’s latest Dairy Quarterly report, titled “Waiting for the Dust to Settle.”

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