# Steady as she goes for EU milk prices - Agriland.ie

> AHDB analysts expect EU milk markets to become more balanced in 2017 after two volatile years, with global milk supplies below prior-year levels in most key exporters in the first half. EU production is below last year but rising seasonally, and the US remains in growth.

- Date: 2017-02-05 · published 2017-02-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72489-steady-as-she-goes-for-eu-milk-prices-agriland-ie
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tight first-half supply from Oceania and the EU, alongside firm cheese and butter demand, supports dairy prices and reduces the chance of a sharp milk price slump.

## Read by commodity

- MILK: bullish ▲

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/steady-as-she-goes-for-eu-milk-prices/

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