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Global milk production is growing in all major regions, with US output at 70.1 million tons, up 3.2% month on month and 1.1 million tons year on year. Global Dairy Trade fell 1.4% in its latest auction, and New Zealand milk procurement rose 2.5% year on year.
New Zealand is also considering tighter rules on Fonterra.
Record global milk output with weak demand keeps dairy prices under pressure, which weighs on milk prices and the outlook for dairy feed ingredients.
foodcom.plFoodcom ExpertsOct 29, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
