Is Dairy Headed Into Another Down Year?

ZISK
Dec 29, 2025
1 min read

Dairy producers don’t need a futures chart to know conditions are challenging. Milk prices have leveled off, margins remain tight and the outlook offers little sign of quick improvement. According to dairy analyst Robin Schmahl of AgMarket.net, the industry is likely heading into another tough year without a clear driver for stronger prices.

Looking at the price structure, Schmahl says the market is basically flat out through the first quarter of 2026. What troubles him most is not just the level of prices but the lack of urgency from buyers.

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