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Dairy processors are beginning to present their final contract offers to farms in Galicia, Spain. The European Commission reports that the average EU milk price rose by more than 2 cents in September and October, to 45.2 cents, and milk powder prices are up 66% year on year.
Lactalis is reportedly leaning toward a 1.5-cent increase, below the 2 to 3 cents farms had hoped for.
Higher EU milk and milk powder prices support dairy feed demand and the value of dairy byproducts. Rising energy, fertilizer and feed costs squeeze farm margins, which could limit herd expansion and future milk supply.
campogalego.esGonzalo1977Nov 13, 2026Not 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.
