# Global Dairy Market Navigates Tight Butterfat & Rising Milk Output

> A December 2024 global dairy update says the EU butterfat market is acutely tight, though this is expected to ease as seasonal milk availability rises. New Zealand milk output rose 5% through its peak month, and U.S. milk growth is expected to accelerate in the first half of 2025 as new cheese capacity comes online.

- Date: 2024-12-10 · published 2024-12-10T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/26971-global-dairy-market-navigates-tight-butterfat-and-rising-milk-output
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Faster U.S. milk and cheese growth in 2025 is likely to pressure global cheese prices through export competition, while the EU butterfat tightness is temporary.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-07-10 | [USDA raises milk output forecast but cuts milk price outlook
						 \| The Dairy Site](https://feedsoft.ai/events/18340-usda-raises-milk-output-forecast-but-cuts-milk-price-outlook-the-dairy-site.md) | +0.4% | +6.4% |
| MILK | 2026-07-24 | [Milk, Dairy and Grain Market Commentary](https://feedsoft.ai/events/18526-milk-dairy-and-grain-market-commentary.md) | -0.8% | +5.5% |
| MILK | 2025-08-22 | [Milk, Dairy and Grain Market Commentary](https://feedsoft.ai/events/23333-milk-dairy-and-grain-market-commentary.md) | -0.6% | +1.6% |
| MILK | 2018-04-30 | [Milk output continuing to climb but appears to be slowing \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/65655-milk-output-continuing-to-climb-but-appears-to-be-slowing-dairy-leadertelegram.md) | +4.1% | +4.5% |
| MILK | 2017-08-02 | [Dairy Market Outlook Q3 2017](https://feedsoft.ai/events/5480-dairy-market-outlook-q3-2017.md) | +4.8% | +6.7% |

## Sources

- maxumfoods.com: https://maxumfoods.com/blog/2024/12/11/global-dairy-market-navigates-tight-butterfat-rising-milk-output/

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