# South American milk production growth continues to slow

> Milk production in Argentina and Uruguay remained above year-earlier levels in September, but growth slowed to below 2% in both countries. Uruguay recorded stronger cumulative growth, particularly in milk solids, while farmgate prices moved differently between the countries. NOAA put the probability of an exceptionally strong El Niño in October–December at 83%, adding uncertainty to production.

- Date: 2026-11-11 · published 2026-11-11T09:11:35.348Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/93290-south-american-milk-production-growth-continues-to-slow
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing milk output growth could limit dairy supply expansion, while El Niño raises further production uncertainty. This may support milk prices if supply tightens, though the article provides no specific price outlook.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-01-03 | [Tight margins, weather slow global milk production \| Capital Press](https://feedsoft.ai/events/7674-tight-margins-weather-slow-global-milk-production-capital-press.md) | +1.7% | +1.5% |
| MILK | 2017-06-27 | [California's triple-digit heat slows milk production, threatens crops](https://feedsoft.ai/events/10593-california-s-triple-digit-heat-slows-milk-production-threatens-crops.md) | -4.2% | -5.1% |
| MILK | 2019-02-20 | [International prices for milk and dairy products](https://feedsoft.ai/events/9987-international-prices-for-milk-and-dairy-products.md) | -0.3% | +6.8% |
| MILK | 2019-02-19 | [Lee Mielke: Cheese prices continue to strengthen \| Capital Press](https://feedsoft.ai/events/9988-lee-mielke-cheese-prices-continue-to-strengthen-capital-press.md) | -0.1% | +6.8% |
| MILK | 2021-09-25 | [Slower growth, steadier markets](https://feedsoft.ai/events/4636-slower-growth-steadier-markets.md) | +9.7% | +8.1% |

## Sources

- dcamarketintelligence.com: https://www.dcamarketintelligence.com/insight/4753/south-american-milk-production-growth-continues-to-slow

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.