Global Milk Glut: Dairy Prices Crash as Production Hits “Stunning” Peak
Rabobank and Fonterra warn that surging Global Dairy Production across key exporters is outpacing demand, driving down commodity prices. A dramatic reversal has hit the global dairy market, with Milk Commodity Prices for butter, milk powder, and cheese sliding sharply as a “stunning” surge in global output floods supply channels. This excessive production has fundamentally shifted the balance, with…