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USDA’s Foreign Agricultural Service forecasts EU cheese production will rise 0.3% to 11.2 million tonnes in 2027, with growth limited by a smaller milk pool. September 2026 EU cheddar prices were €323 per 100 kilograms, down 28% year on year, which the agency says supports domestic consumption and export competitiveness.
Slightly higher cheese production adds to dairy product availability, while lower cheddar prices may support demand and exports. The smaller milk pool could limit how much processors can expand production.
thecattlesite.comMelanie EppNov 9, 2026After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% 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.
