Dairy prices on the world market fall for the sixth consecutive time
Dairy prices fell by 2.4% this week at the global auction of the „Global Dairy Trade“, reports the international agricultural portal „Agriland“. This is the sixth consecutive decline in prices and the index reached its lowest level since August 2024.
Cheddar cheese &ndash saw the biggest fall in price, down 6.6%, while butter prices also fell by 4.3% and whole milk by 2.7%, while some products, such as mozzarella cheese, saw slight increases.
Experts estimate that the fall in prices is due to an oversupply of milk on the world market and weak demand for its products, as buyers are only purchasing essential quantities and warehouses are already full ahead of the festive period.
European dairy farms and processors are not only in a difficult situation, it is reported. Falling wholesale prices for butter, cheese, cream and other products point to a bleak outlook for the sector as a whole. According to the European Commission, raw milk prices fell sharply in Germany, the Netherlands and Ireland in the autumn, with Polish processors reporting plans for further price cuts. According to Farmers Weekly, the fall in wholesale prices for milk and milk products in Europe is forecast to continue due to strong supply and moderate demand, with no immediate recovery expected until at least the second half of 2026.