# Less milk and shifting prices: what does the global dairy business have in store for 2027?

> 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.

- Date: 2026-11-13 · published 2026-11-13T15:15:45.220Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/98051-less-milk-and-shifting-prices-what-does-the-global-dairy-business-have-in-store
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Nonfat Dry Milk](https://feedsoft.ai/c/NFDM.md)

## Why it matters

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.

## Read by commodity

- MILK: bullish ▲
- NFDM: neutral

## Sources

- airedecampoargentina.com.ar: https://airedecampoargentina.com.ar/nota/3068/menos-leche-y-precios-en-movimiento-que-se-trae-el-negocio-lacteo-mundial-en-2027/

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