Butter, Milk and Cheese Prices Slide as ‘Stunning’ Production Floods Global Markets

Butter, milk and cheese prices are falling as a surge in global milk production floods the market, prompting warnings of a looming period of weak prices.

“Too much milk for the market, combined with strong milksolids growth, has contributed to a sharp decline in commodity prices,” Rabobank senior agricultural analyst Emma Higgins said in a report Thursday, describing the output as “stunning.”