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IFCN's Long-term Dairy Outlook projects a 2030 global milk price of $18.60/cwt ECM in its most plausible scenario, assuming growing demand and political stability. The forecast implies 2.3% annual growth in milk supply and demand over 2019-2030.
A long-term price forecast well above current levels signals a supportive structural outlook for milk, but it does not directly move near-term feed prices.
After 20 past bullish macro events, Milk (Class III) moved a median +0.1% over 5 sessions (55% higher; middle half -0.1% to +2.4%), and +2.4% 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.