Global Dairy Prices Beat the Odds but Face Fragile Demand

The U.S. dairy sector is finally seeing milk production expansion, with April up 1.5% year over year – the largest gain since August 2022 – and with 1.4% growth expected for 2025, RaboResearch reported. The growth is driven by an expanding dairy herd and output. Higher heifer retention is helping offset the tight supply of cows, and avian influenza outbreaks have waned, leading to better milk yields. Read more here.