Q1 Dairy Market Insights Report

The first quarter 2025 Dairy Market Insights Report has found the following key insights:

• Global dairy markets are facing increasing uncertainty in 2025 as the Trump administration’s trade policies threaten economic growth and shift trade flows.

• In the US, increasing cheese production is being met with subdued domestic demand as consumer sentiment plummets on fears of increasing inflation and unemployment. This is likely to mean more US cheese will be looking for offshore markets.

• In Europe patchy seasonal conditions and disease risks will be a drag on spring production, while in NZ there has been a dry end to the 2024/25 season.

• At home, dry conditions in the south-east has reduced milk production in the current season.

Read the report in full on the Milk Value Portal.