2025 Q1 Milk Production Grows Modestly

Rabobank says milk production grew modestly across the Big Seven exporting regions in the U.S. during Q1, expanding by 0.5% year-over-year. In total, RaboResearch forecasts 2025 milk production from the Big Seven at 326.7 million metric tons, an increase of 1%, or 3.2 million metric tons, the highest annual volume gain since 2020. However, demand concerns are mounting in many economies as consumer sentiment has waned amid weak and uncertain global economic conditions.

”A number of factors are weighing on demand,” said Mary Ledman, Global Dairy Strategist at RaboResearch. “These include record or near-record-low consumer confidence in the U.S., troubling indicators of economic struggles in China, and declining sales data from restaurants and consumer packaged goods companies in many regions.”