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A USDA Foreign Agricultural Service report forecasts India's milk production at 226.5 million tonnes in 2027, up 2% from a revised 222 million tonnes in 2026. El Niño-related drought is expected to hurt feed and fodder availability and reduce animal productivity, partly offset by higher-yielding crossbred cows and government programmes.
The USDA also expects tighter supplies to curb dairy exports.
Slower milk growth and tighter feed and fodder supplies in India, the world's largest milk producer, could reduce its dairy exports and support global dairy prices. Feed-grain demand for domestic livestock may also rise as fodder becomes scarce.
agronewstoday.comRural VoiceNov 11, 2026
eng.ruralvoice.inAjeet SinghNov 11, 2026Not enough comparable past events yet for a historical read.
After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% 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.
