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Ornua expects European dairy prices to remain broadly stable through the end of the year despite global milk production growth running above expectations. It expects a meaningful increase in European cheese and butter prices to be limited until milk supply growth slows more noticeably.
Above-expected milk availability limits the potential for dairy prices to rise, while stable supply growth argues against an immediate sharp decline. The outlook points to a largely steady market through year-end.
independent.ieMargaret DonnellyNov 10, 2026Not enough comparable past events yet for a historical read.
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.
