Don't miss the boat: International milk prices are expected to continue to rise in 2025

Published Nov 6, 2024

Tridge summary

A study by Rabobank forecasts a slight global increase in milk prices in 2024 due to production issues in China, as global supply is believed to be exhausted and facing restrictions from additional regulations, climatic volatility, and labor costs. Despite lower purchases from China in 2024, global demand is expected to remain stable in 2025. Brazil's ability to compete in global markets is highlighted, given its expensive milk prices. An article by the Argentine Dairy Chain Observatory (OCLA) further discusses the variations in the price paid to producers in different countries between 2023 and 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As in 2024 across the globe, a slight increase in milk prices is expected, driven by complications in Chinese production, which will allow a balance between supply and demand for this product. According to a study by Rabobank, the upward trend in prices will remain in line with what 2024 is leaving. According to the report interpreted by the Argentine Dairy Chain Observatory (OCLA), slight increases in international prices are expected. “Global supply is having difficulty starting a new expansion cycle in most regions and even shows clear signs of exhaustion in China, which has been the main contributor to the growth of global production in the last three years,” said the financial entity that usually monitors the movements of this rural sector. Among the factors that will influence this equation, he said: “Additional regulations, climatic volatility and labor costs are some of the factors that restrict the advance of international supply in regions such as Europe and Oceania.” In ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.