Milk prices & dairy market intelligence
Milk and dairy products are critical to the agricultural supply chain, serving key industries including food, feed, and pharmaceuticals. With prices influenced by a complex set of factors, it is crucial that your organization is supplied with reliable, accurate data, detailed insights and the potential to forecast future dairy prices with confidence. Expana is the only IOSCO assured Price Reporting Agency in the Dairy market – trust us to inform your decision making and improve your margins.
Mozzarella cheese prices
Expana – the only IOSCO assured Price Reporting Agency covering dairy commodity price reporting and market intelligence
Whether you’re looking for milk, butter, cheese, or other dairy commodity prices, stay ahead with Expana’s expert dairy market analysis and insights. Our experts monitor key market factors including milk production, trade policy and tariffs, geopolitical and economic conditions, processing capacity and consumers trends – essential tools for navigating price volatility.
Expana’s extensive coverage spans the entire spectrum of dairy markets, capturing data across a variety of products from strategic production regions. Whether monitoring trends for liquid dairy in Europe, powders in North America, fats in Asia, or global cheese prices, Expana delivers actionable insights to stakeholders across the dairy supply chain.
- 1000+ dairy product series, including 100 proprietary Expana Benchmark Prices
- 11 IOSCO assured price indices across whey protein, cheese, milk and butter
- 56 dairy forecasts, covering milk, butter and cheese
- 2 weekly reports – US market and European markets, including prices and insights of the week
- 5 monthly reports covering milk powders, dairy liquids, butter, cheese, and whey powders
- minimum of 8 analysis pieces, 200 news articles and 13 weekly commentaries on dairy price updates each month
- dairy supply and demand fundamentals
- exclusive analysis on pivotal trade situations
- historical pricing, trends, and seasonality
- access to thousands of related product prices, from grains to cocoa and sugar
- ability to cost model dairy product prices in finished goods into anything from pizzas to croissants
- dairy risk management partnership with StoneX
Coverage updated: May 2026
Looking for full insights on the dairy markets? Request a demo today.
Unbiased and independent insights and analysis for the dairy industry.
Our dairy forecasting methodology
Expana’s dairy price forecasts are grounded in a comprehensive analysis of commodities’ market dynamics. Our robust methodology integrates macro-economic, fundamental, and technical analyses, providing solid recommendations and driving effective decision-making in the dairy commodity market.
- The macro-economic analysis explores global manufacturing sector developments, and their impact on commodity prices, presenting key indicators such as GDP, unemployment, inflation, and interest rates for major regions.
- The fundamental analysis offers an overview of the current dairy supply-and-demand balance including milk production, trade policy and tariffs, geopolitical and economic conditions, processing capacity and consumers trends
- Finally, the technical analysis employs indicators such as moving averages, MACD and RSI to anticipate changes in price movements
Trusted data and insights, backed by experts
At Expana, you can rest assured that the world’s foremost market analysts have rigorously verified the data to ensure accuracy and integrity – from cheese prices to milk prices to butter prices.
Our methodology
Expana is globally the only IOSCO-assured Price Reporting Agency providing dairy prices, ensuring the data you benchmark against is the best of its kind.
Use cases
Sam Pearl
Former Senior Buying Manager, Tesco
Efficiency
Save time and improve productivity with our actionable insights.
Cost control
Navigate market challenges and maximize long-term success.
Profitability
Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.
Risk mitigation
Manage risks proactively and minimize your exposure to price fluctuations.
Middle East Conflict: Implications for Soybean Oil and a Review of Dairy Markets – Expert Recap
Middle East Conflict: Dairy Markets See Short-Term Volatility; Fundamentals Remain Strong
Middle East Conflict: Implications for Soybean Oil and a Review of Dairy Markets – Watch on Demand
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across the dairy value chain. Stay informed about the latest dairy prices and industry trends so you can effectively navigate disruptions, manage prices, and deliver value.
Dairy Market FAQs
What are the biggest factors that influence price, demand and supply in the dairy market?
The dairy market is influenced by a complex set of factors impacting supply and demand.
Here are the most significant ones:
- milk production
- trade policy and tariffs
- geopolitical and economic conditions
- processing capacity
- product valorisation
- key consumers trends
Who are the major exporters of dairy products?
The main exporting regions for dairy products globally are the EU, New Zealand, the US, Australia, the UK and Argentina.
The EU is the largest dairy exporter by total value and volume, meanwhile New Zealand is the most export-oriented dairy country in the world, with over 90% of its milk production going to export markets.
What are the main dairy commodities traded globally?
The main globally traded dairy commodities are:
- Skimmed Milk Powder (SMP)
- Whole Milk Powder (WMP)
- Butter
- Cheese
- Whey powder
Where are dairy prices benchmarked or traded?
Key price discovery platforms and exchanges include:
- Global Dairy Trade (GDT) auction (New Zealand)
- Chicago Mercantile Exchange (CME) (USA) for butter, cheese, and milk futures
- European Energy Exchange (EEX) (Europe) for European dairy products