# Global Milk Oversupply Pressures Dairy Prices in 2026

> Global milk production remains in surplus into 2026, with most major regions expanding output, especially the US, EU, New Zealand and parts of South America. Farmgate prices are falling across major regions, but not yet enough to curb production. Buying interest picked up in early 2026, though processors are shifting milk into cheese and whey.

- Date: 2026-01-22 · published 2026-01-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/21064-global-milk-oversupply-pressures-dairy-prices-in-2026
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistent global oversupply keeps dairy commodity prices under pressure, which weighs on milk and dairy ingredient values used in feed.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2026/01/22/global-milk-oversupply-persists-despite-demand-uptick/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.