Milk and milk products (Market summary)
13/11/2025
This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook.
OECD-FAO Agricultural Outlook 2025–2034 - Executive Summary
15/07/2025
The OECD-FAO Agricultural Outlook 2025–2034 provides an assessment of the ten-year prospects for agricultural commodity and fish markets at national, regional, and global levels. The report highlights how rising incomes and urbanization are increasing demand for animal-source foods in middle-income countries, while also offering insights into pathways for eliminating undernourishment and reducing greenhouse gas emissions.
OECD-FAO Agricultural Outlook 2025-2034 - Chapter 6 (Dairy and dairy products)
15/07/2025
This chapter describes market developments and medium-term projections for world dairy markets for the period 2025-34. Projections cover consumption, production, trade and prices for milk, fresh dairy products, butter, cheese, skim milk powder and whole milk powder.
OECD-FAO Agricultural Outlook 2025-2034
15/07/2025
The Agricultural Outlook 2025–2034 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy, and country expertise of both organisations, as well as input from collaborating member countries, to provide an annual assessment of the prospects for the coming decade of national, regional, and global agricultural commodity markets.
Milk and milk products (Market Summary)
12/06/2025
This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook.
Food Outlook – Biannual report on global food markets – June 2025
12/06/2025
FAO’s latest assessments indicate a relatively optimistic outlook for food commodity markets, with production and trade of all commodities, except sugar, anticipated to increase. However, this growth will have different impacts on stock recovery, influenced by the delicate balance between supply and demand. Global food commodity production remains vulnerable to weather conditions.
Dairy Market Review. Overview of global market developments in 2024
22/05/2025
The April 2025 issue of the dairy market review provides an overview of key developments in global milk production, dairy trade and prices during 2024. It shows that global milk production expanded in 2024, although at a slower pace than the previous year, sustained by significant output growth in Asia, Oceania and parts of Europe.
Dairy Market Review. Overview of global market developments in 2024
02/12/2024
The review finds that international dairy prices continued to strengthen since the beginning of 2024, led by butter prices. Moreover, global milk production is expected to moderately expand in 2024.
Food Outlook – Biannual Report on Global Food Markets - November 2024
14/11/2024
FAO’s latest assessments indicate differing trajectories across different commodities, with wheat, maize, and sugar production set to decline, while outputs of dairy, fisheries, meats, oilseeds, and rice are expected to increase, with implications for utilization, trade, and stock levels. However, global food production remains susceptible to shocks arising from weather conditions, geopolitical tensions, and policies.
Milk and milk products (Market summary)
14/11/2024
This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook
OECD-FAO Agricultural Outlook 2024-2033 - Chapter 7 (Dairy and dairy products)
06/07/2024
This chapter describes market developments and medium-term projections for world dairy markets for the period 2024-33. Projections cover consumption, production, trade and prices for milk, fresh dairy products, butter, cheese, skim milk powder and whole milk powder.
Food Outlook – Biannual Report on Global Food Markets - June 2024
13/06/2024
FAO’s latest forecasts point to increased production and higher stocks for several basic foodstuffs. However, global food production remains susceptible to shocks arising from weather conditions, geopolitical tensions, and policies. These factors could disrupt the delicate balance between supply and demand, impacting global food security.
Dairy Market Review. Overview of global market developments in 2023
23/04/2024
The April issue of the publication summarizes the salient trends and drivers of market developments in 2023. The review finds that international dairy prices weakened significantly in 2023. Additionally, global milk production expanded at a slightly faster pace in 2023 and international dairy trade contracted for the second consecutive year, albeit slower than the previous year.
Dairy Market Review - Emerging trends and outlook in 2023
15/12/2023
The review finds that high demand and tight supplies led prices of most dairy products to rebound since October. Furthermore, global milk production is forecast to expand at a faster pace in 2023 while world dairy trade may continue to contract in 2023, albeit less steeply than the previous year.
Food Outlook – Biannual Report on Global Food Markets - November 2023
09/11/2023
FAO's latest forecasts point to favourable production outlooks across most basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from extreme weather events, and rising geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, dampening prospects for international trade in food commodities and with implications for global food security.
Overview of market and policy developments in 2022
12/10/2023
The October issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2022. The review finds that the international prices of most dairy products trended downward after reaching near-alltime highs in mid-2022. Additionally, world milk output expanded in 2022 at the slowest pace during the last two decades and international trade in dairy products contracted following nearly two decades of annual growth.
Food Outlook – Biannual Report on Global Food Markets - June 2023
15/06/2023
FAO’s latest forecasts point to increases in production and higher stocks across several basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from weather conditions, geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, with implications for global food security.
Food Outlook - June 2022
12/06/2023
In view of the soaring input prices,concerns about the weather, and increased market uncertainties stemming from the war in Ukraine, FAO’s latest forecasts point to a likely tightening of food markets in 2022.
Dairy Market Review – Emerging trends and outlook - December 2022
08/12/2022
The December issue of the publication summarizes the salient trends and market outlook in 2022. International dairy prices eased in recent months due to subdued import demand. Moreover, global milk production is forecast to expand slightly, sustained by growth in Asia. Meanwhile, world dairy trade may contract for the first time in two decades.
Food Outlook - November 2022
11/11/2022
FAO’s latest forecasts point to somewhat easing of market conditions for basic foodstuffs. However, increased climate variability, conflicts and geopolitical tensions, bleak economic prospects, soaring agricultural input costs and export restrictions continue to pose challenges to global food commodity market stability.