Loading…
The Milk Market Outlook for June reports that combined milk supply from the world's main dairy exporters rose year-on-year for a tenth straight month in May, led by the US, Argentina, New Zealand and Belarus. EU milk collection was flat in May, and US milk output rose 1.6% to 9.04 million tonnes, its fifth consecutive monthly gain.
Butter remained firm in Oceania and Europe, while powder prices were converging.
Steady supply growth from major exporters puts ongoing downward pressure on global dairy ingredient prices, which limits the upside for dairy-based feed ingredients.
ruminants.ceva.comJul 24, 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.
