• Dairy prices continued to rally in most regions last week.
• However, we fear new lockdowns across Europe could end this streak.
• News of the Omicron variant could slow dairy’s rally in other regions as well.

Dairy Online’s Market Insights

• Dairy prices are still rallying in most regions.

• Production in New Zealand is starting to recover as the weather improves.

• The situation is similar in China, with prices rebounding as production picks up.
• All US dairy products, aside from butter, also rallied last week.

• However, European dairy supply could weaken as lockdowns are reintroduced in some countries.
• We’ve already seen a similar thing happen in China.
• The new Omicron variant could mean this happens in other regions too, curbing dairy’s rally.

Other Insights That May Be of Interest…

Sugar & Omicron: The End of the Trend?

COVID Resurgence Hits Chinese Dairy Demand

Disease Hits China’s Dairy Market