# Powder market still rebalancing as Europe seeks equilibrium - Progressive Dairy | Ag Proud

> HighGround Dairy outlines how EU milk quotas ended in 2015 and EU production expanded, with the weighted average EU milk price falling over 36 percent from 2013 to 2016. Powder markets are still rebalancing as large EU stocks persist.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: macro · region EU · magnitude low
- Page: https://feedsoft.ai/events/70118-powder-market-still-rebalancing-as-europe-seeks-equilibrium-progressive-dairy
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Heavy EU milk powder stocks and lower EU prices weigh on global dairy values and export competitiveness.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-10-26 | [Stephenson: Pandemic will weigh on dairy markets into 2021 - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/50651-stephenson-pandemic-will-weigh-on-dairy-markets-into-2021-progressive-dairy-ag.md) | -0.2% | +7.0% |
| MILK | 2018-05-10 | [Dairy markets could finally rebalance](https://feedsoft.ai/events/65157-dairy-markets-could-finally-rebalance.md) | -0.1% | +1.0% |
| MILK | 2026-09-28 | [Dairy risk management calendar: October 2026 \| Ag Proud](https://feedsoft.ai/events/5029-dairy-risk-management-calendar-october-2026-ag-proud.md) | -7.3% | -5.4% |
| MILK | 2026-04-27 | [Market, pricing changes force dairy producers to adapt \| Agriculture \| nwestiowa.com](https://feedsoft.ai/events/19878-market-pricing-changes-force-dairy-producers-to-adapt-agriculture-nwestiowa-com.md) | +1.4% | +0.5% |
| MILK | 2020-03-25 | [COVID-19 pandemic rocks dairy markets \| Capital Press](https://feedsoft.ai/events/54272-covid-19-pandemic-rocks-dairy-markets-capital-press.md) | -0.2% | -17.5% |

## Sources

- agproud.com: https://www.agproud.com/articles/27898-powder-market-still-rebalancing-as-europe-seeks-equilibrium

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