Raw-milk prices in Europe hit 5-yr low; ripple effect looms

European raw-milk prices have plunged to their lowest in five years, as oversupply and weak demand weigh on dairy markets across the region. According to recent data from DCA Market Intelligence B.V., benchmark prices for unprocessed milk have slipped below € 25 per 100 kg, a level not seen since 2020. The downturn is not…