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Rabobank says global dairy markets remain well supplied, with strong milk output growth across major exporting regions supported by relatively low feed prices. It expects US milk output to rise about 2% in 2026, with the herd reaching 9.645 million head this spring.
Abundant global milk supply and rising US output weigh on dairy prices, while low feed costs encourage production that keeps dairy-feed demand firm.
Not enough comparable past events yet for a historical read.
Not 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.