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Analyst Robin Schmahl said expanding US milk output has left ample cheese and butter inventories, reducing commercial buying urgency. He urged producers to use risk management tools as spot bids remain defensive and Class III and IV prices stay under pressure.
Heavy US milk supply and large dairy stocks cap price upside, which pressures dairy-based feed ingredient values and signals softer milk returns that can reduce dairy herd feed demand.
en.edairynews.comDamián MoraisNov 12, 2026Not 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.
