E117 Global Dairy Market Update: Key Insights for Farmers – January 13, 2025
The global dairy market is going through some ups and downs, with different price changes in each region. On the EEX and SGX, trading has shown various pricing movements. In Europe, dairy product prices like cheese are mixed, while the Global Dairy Trade auction shows changing buyer interests. Milk collections in Ireland and Spain are growing, but China’s farmgate milk prices are steady, although still lower than before. In the U.S., there’s a problem with bottled milk and cheese shortages after the holidays, and the whey and milk powder markets are changing, too. This means dairy farmers must stay adaptable and make smart decisions to handle these shifting market conditions.
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