A recent Rabobank report forecasts a slight increase in the European Union's milk production in 2025, with a predicted growth of 0.5% from the previous year, due to improved margins despite potential challenges like low soil moisture and bluetongue disease. The report also indicates that milk production growth in Europe was mixed in 2024 due to varying weather conditions. Ireland specifically experienced an 8% rise in September milk growth, but full-year production is expected to be nearly 5% lower than the previous year. The report suggests that milk supply growth could continue in the Big 7 export regions in the second half of 2024 and into 2025, with global dairy markets remaining relatively balanced, although geopolitical factors, diseases, and weather could impact trade and production.