Latest dairy market analyses point to lower milk volumes ahead in the Southern Hemisphere and Europe, while French milk and butter prices are stabilising and powder and whey prices keep rising. The Cniel forecasts slower European output and higher cow feed costs in coming months, citing a shortage of forage.
French cow milk collection rose only 0.4% in August year on year.
Slowing milk output and rising feed costs in Europe and the Southern Hemisphere tighten dairy supply, supporting powder and whey prices that matter for feed buyers. Forage shortages in Europe could also raise demand for feed ingredients.
Not 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.