# Global Milk Prices Fall 1.5% in September as Supply Growth Outpaces Demand

> The IFCN World Milk Price Index fell 1.5% month on month in September to 47.7 USD per 100 kg. Butter and skim milk powder prices declined on higher supply, while cheese prices rose. Production growth in North and South America and Oceania drove the decline.

- Date: 2025-10-15 · published 2025-10-15T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/22412-global-milk-prices-fall-1-5-in-september-as-supply-growth-outpaces-demand
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Global milk supply growth outpacing demand keeps pressure on dairy commodity prices, which can weigh on milk prices and the cost of dairy feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-11-13 | [Southeast Milk Prices Fall $1.67/cwt Since Last September \| The Bullvine](https://feedsoft.ai/events/62053-southeast-milk-prices-fall-1-67-cwt-since-last-september-the-bullvine.md) | +0.3% | -5.1% |
| MILK | 2018-11-02 | [Global food prices dip in October amid declines in dairy and sluggish palm oil demand](https://feedsoft.ai/events/6993-global-food-prices-dip-in-october-amid-declines-in-dairy-and-sluggish-palm-oil.md) | -3.0% | -2.8% |
| MILK | 2026-10-25 | [U.S. Milk Production Up 2.7% in September 2026: Butterfat Hits Historic 4.32% as Protein Demand Surges](https://feedsoft.ai/events/17115-u-s-milk-production-up-2-7-in-september-2026-butterfat-hits-historic-4-32-as.md) | -0.4% | — |
| MILK | 2026-02-01 | [USDA says milk, dairy product prices fell in December](https://feedsoft.ai/events/21217-usda-says-milk-dairy-product-prices-fell-in-december.md) | +5.2% | +2.1% |
| MILK | 2019-02-21 | [December milk production growth slows, milk prices lower - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/60591-december-milk-production-growth-slows-milk-prices-lower-progressive-dairy-ag.md) | +9.3% | +6.6% |

## Sources

- ifcndairy.org: https://ifcndairy.org/world-milk-price-9-25/

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