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Rabobank expects key dairy exporting regions to grow milk production 0.8% in 2025, a new record that surpasses the 2021 peak. Higher farmgate prices and lower feed costs are driving the growth, while trade uncertainty is a risk for US partners.
A global production record with rising supply tends to cap dairy prices and export values despite strong current milk prices.
ahdb.org.ukApr 3, 2025After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% over 20.
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.
