New Year, Same Milk Output Strength : Ever.Ag’s Kathleen Wolfley and Vuko Karov are back with more dairy analysis in a trip around global dairy markets in this week’s Chart Chatter and there is still much going on. Starting off in the US with news of soaring US cheese exports in October 2025 and current US prices very competitive: what will happen in Q2? In Europe, November milk output rose – again – and there seems no stopping the European milk engine despite lower farmgate prices. Back in the US, the latest WASDE report revealed a lot more corn than expected amid a slide in futures prices to multi‑month lows. Our latest Global Dairy Directions outlook looks at the global milk glut with amply stocks keeping global prices low. In our DTS-Live Scenario of the Week, Vuko asks the question: how could the Whole Milk for Healthy Kids Act of 2025 impact US butter production? Lots to contemplate in global dairy!
