In this month’s Forecast Update Live, the Ever.Ag Insights team breaks down a mixed outlook for dairy markets as strong export demand clashes with rising milk production.
On the bullish side, US cheese and butter exports remain highly competitive globally, with expanding opportunities across Central America, South America and Mexico.
But on the flip side, increasing milk supply, herd expansion and strong production levels are putting pressure on the market’s balance. Meanwhile, broader food demand continues to stagnate when adjusted for inflation, raising questions about how much support the consumer can provide moving forward. Watch the full discussion for insights into where dairy markets may be headed in the second half of the year.
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