Rabobank Warns: Dairy Boom Faces Headwinds in H2 2025
Rabobank’s Q2 2025 Global Dairy Quarterly, titled “Too Good to Be True?”, signals rising downside risks for the global dairy outlook in the year’s second half. While the Brand Majesty of dairy producers—like New Zealand, Australia, the EU, South America, and the US—has supported steady prices in early 2025, a surge in production and weakening […]
Global milk production costs increasing – Rabobank
A recent report by RaboResearch highlights a significant rise in milk production costs from 2019 to 2024. The operating cost environment for average milk producers is likely to be more expensive and variable over the next 10 years compared to the last decade. Driving this increase are structural factors such as regulatory pressures, energy transition costs, climate […]
Global dairy Q4 2024 Rabo bank: A period of prosperity
The second half of 2024 marks a turning point for milk supply growth across the Big 7 export regions. Year-over-year production gains are forecast at 0.5%, offsetting the 0.5% YOY decline in 2H 2023. Combined seasonal peaks in Oceania, the largest in over a decade, underpin 2H 2024 gains. Supply growth in the Big 7 […]
Global dairy quarterly Q1 2024: Finding a new equilibrium
Slow but steady dairy commodity price gains will materialize this year. Coupled with lower expected feed costs, an improved margin outlook will eventually drive milk production growth in the Big 7 by 2H 2024. It will likely not be a record price year by any measure, but farmers around the globe will welcome the return […]
Amul moved up one step to become 12th largest dairy in the world
Rabobank’s annual Global Dairy Top 20 highlights the results of industry leaders in one of the world’s most valuable food sectors. The combined turnover of the Global Dairy Top 20 companies jumped by 7.4% in US dollar terms, following the prior year’s gain of 9.3%. In euro terms, the combined turnover increased by a significant […]
Rabobank: China’s Dairy Import Gap to Widen as Demand Surges
China plays a critical role in global dairy markets as the world’s largest importer, and it is eagerly developing pathways to grow domestic production. According to a recent dairy report by Rabobank, the country’s self-sufficiency rate swings between 70% and 80% and will likely not increase substantially, as domestic dairy production will not satisfy rising […]
Global milk production still ‘growing’ – Rabobank : Agriland
There is likely to be lower milk production in the EU and the US during 2023 which could “stabilise” global market prices, according to a new report from Rabobank. Overall global milk production is still rising but, according to the bank, it is “losing momentum”. In its latest Global Dairy Quarterly report, Rabobank also warned that there are signs […]
Entire dairy value chain feeling pressure around the world
According to a new report from Rabobank, participants all along the dairy value chain are being squeezed. Producers’ milk prices have tumbled from 2022’s lofty levels while feed prices are at record highs. Processors and dairy cooperatives entered the year discounting expensive inventory made with high-priced milk. Meanwhile, higher inflation and rising interest rates are […]
Drinking’ milk to stay key category for Australian dairy sector
The liquid ‘drinking’ milk market remains of key importance to Australia’s dairy sector – with improved domestic retail pricing and opportunities for further export growth – Rabobank says in a newly-released industry report. In Australia’s Drinking Milk Markets: from Loss Leader to Improving Performer, the specialist agribusiness bank says the liquid milk category – which […]
Global dairy markets “teetering on the edge” – Rabobank
Global dairy markets are “teetering” at low milk production levels not seen since 2014, Rabobank says in its just-released Q4 Global Dairy Quarterly report. The agribusiness banking specialist says weather-related issues have decimated peak milk production in New Zealand and Australia, while supply growth has also been stymied in the US and Europe by squeezed profit margins […]