# Q1 Rabobank update - Healthy margins promote global dairy production growth  | AHDB

> 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.

- Date: 2025-04-03 · published 2025-04-03T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25125-q1-rabobank-update-healthy-margins-promote-global-dairy-production-growth-ahdb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A global production record with rising supply tends to cap dairy prices and export values despite strong current milk prices.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-12-03 | [Dairy December forecast update: GB milk production scales uncharted levels \| AHDB](https://feedsoft.ai/events/4091-dairy-december-forecast-update-gb-milk-production-scales-uncharted-levels-ahdb.md) | -6.9% | -11.3% |
| MILK | 2024-02-29 | [Global dairy forecast: 2024 milk production and trade - Dairy Global](https://feedsoft.ai/events/31686-global-dairy-forecast-2024-milk-production-and-trade-dairy-global.md) | -4.1% | -4.8% |
| MILK | 2017-09-18 | [Milk production estimates raised on milk-per-cow growth \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/68975-milk-production-estimates-raised-on-milk-per-cow-growth-dairy-leadertelegram-com.md) | +0.9% | +3.0% |
| MILK | 2024-05-14 | [2024 All-Milk Price Sees Growth, More Cows and Production Predicted - Dairy Herd](https://feedsoft.ai/events/30251-2024-all-milk-price-sees-growth-more-cows-and-production-predicted-dairy-herd.md) | -0.0% | +5.7% |
| MILK | 2022-11-24 | [Quarterly dairy market update - Q3 2022 \| AHDB](https://feedsoft.ai/events/38700-quarterly-dairy-market-update-q3-2022-ahdb.md) | -3.6% | -2.4% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/healthy-margins-promote-global-dairy-production-growth

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