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The EU average farmgate milk price rose 1.28% month over month in October 2026 to 45.12 euro cents/kg, but remained 13.93% below its level a year earlier. Reduced milk supplies, adverse weather, poorer feed quality, and higher production costs supported prices, while high butter inventories and increased US butter exports limited further gains.
Tighter milk supply and higher input costs provide support for milk prices, but abundant butter stocks and export competition cap the upside. These dynamics may affect dairy-product returns and feed demand among milk producers.
insights.tridge.comNov 9, 2026After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), and +3.2% 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.
