
A RaboResearch outlook, Perspectives 2027, projects roughly stable milk production across the seven main exporting regions in 2027. Production in the EU is expected to fall year on year in late 2026 and early 2027, with farmgate prices below last year's levels.
Stable to lower EU output after a long period of export oversupply suggests a gradual tightening of dairy markets, with price direction varying by product. This could support dairy prices and reduce pressure on feed demand from dairy herds over time.
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.