Europe
The U.S. dairy industry is currently being held together by cattle prices and export volumes. Conflict with Iran has everyone on edge for what this means for the U.S. economy and if any of that impact will trickle down to the dairy industry.
Exports climbed 15% in 2025, just short of the $9.54 billion record set in 2022.
The EU elections this past weekend showed the 27-nation bloc’s parliament membership shifted to the right, which will make it harder for the assembly to approve policies centered around climate and environmental reforms.
Elimination of some Green Deal requirements for farmers could reduce declines in EU milk production going forward
Farmers are protesting across the European Union, saying they are facing rising costs and taxes, red tape, excessive environmental rules and competition from cheap food imports.
2024 should be a good year for U.S. cheese exporters.
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The dairy sector has been hit with sagging prices and production costs squeezing profits to the extent that has driven many farmers to the brink of bankruptcy. The EU’s executive Commission has approved some support measures over the past year, but the farmers fear that releasing more milk powder on the market would further complicate their plight.
Take a walk down the dairy aisle in five European cities to see how milk prices stack up with the U.S.
Consumers aren’t just eating more butter, they are willing to pay more for it, a boon that’s giving outsize gains to makers of premium brands.