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USDA’s Foreign Agricultural Service forecasts the EU dairy herd at 18.8 million cows at the start of 2027, down 1% from 2026, and milk production down 0.3% to 149 million tonnes. Low profitability, feed-quality and availability concerns, environmental policies, and herd restructuring are cited among the factors behind the decline.
A smaller herd and constraints on feed availability are expected to reduce EU milk output, tightening supply and potentially supporting milk prices.
thedairysite.comMelanie EppNov 9, 2026After 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.
