EU milk prices fall for 10th consecutive month

Rabobank predicts global milk production will decline due to low prices and rising input costs, impacting farmers and rebalancing dairy markets

Rising input costs are the most pressing concern, with energy, fertiliser, and interest rates squeezing farmers’ profit margins.

Lower milk prices, particularly in the EU, are squeezing farmers’ profit margins, and slowing milk production globally, which is expected to affect markets.

This trend has already started, according to last week’s Global Dairy Quarterly report by analysts at Rabobank.