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EU farmgate milk prices averaged €42.2 per 100 kg in August 2026, down 21% year over year and 10% below the 2021–2025 average, while input costs increased. USDA forecasts the EU dairy cow herd to shrink 1% to 18.8 million head in early 2027 and milk output to fall 0.3% to 149 million tonnes in 2027; adverse heat and low rainfall have also hurt pasture and forage availability.
Lower profitability is prompting herd reductions, while high costs and weaker forage availability constrain production. Reduced EU milk output may support milk prices and increase demand for feed-efficient production, though feed demand could soften as cow numbers fall.
ukragroconsult.comNov 10, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
