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The European Commission expects EU milk deliveries to rise 0.5% in 2024 and 0.2% in 2025, with raw milk prices 17% above the five-year average as of August. Exports are expected to stay subdued due to weak global demand and competitiveness challenges.
Stable EU milk supply and subdued exports keep European dairy prices firm, limiting export competition for dairy products.
ahdb.org.ukOct 17, 2024After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% 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.
