Friesland Campina Reduces November Milk Price Amid European Market Downturn

Friesland Campina, the Netherlands-based dairy co-operative, has announced a substantial decrease in its forward milk price for November supplies. The reduction amounts to 5.92 cents per litre (excluding VAT) for milk with 3.3% protein and 3.6% fat. This adjustment is one of the most significant in the co-operative's history, indicating the ongoing difficulties in the European dairy markets.

The co-operative explained that this decision also serves as a correction following an overpayment earlier in the year, pointing to the volatility and necessary market adjustments currently influencing dairy pricing in Europe. Friesland Campina is the first processor to announce its November milk price, potentially setting a trend for other processors in the region.

In recent weeks, nearly all major European processors have reduced milk prices for October, averaging around 2 cents per litre (excluding VAT). Following Friesland Campina's announcement, industry analysts predict that other processors may implement similar price cuts for November.

Irish co-operatives have recently finalized prices for September deliveries, with reductions ranging from 3 to 4 cents per litre among leading players. The butter and cheese markets are still under pressure, with prices continuing to show weakness. However, the rate of decline seems to have stabilized, and butter prices remained steady in the latest reporting week.

Market observers note that while this phase of correction is challenging for producers, it might set the stage for a gradual recovery as supply and demand are expected to align more closely in early 2026.