Milk deliveries in the third quarter (July–September) totalled 3.79 billion litres, up 5.6% from a year earlier, contributing to increased supplies of dairy products. Cheese exports increased year over year, supported by steady global demand, even as UK cheese prices remained relatively high. With production, imports and exports all rising, available cheese supplies increased by 3%, or 6,400 tonnes. The combination of higher production and exports and lower imports reduced available butter supplies by 3%, or 1,400 tonnes. Rabobank forecasts that milk production growth will extend into early 2026, further pressuring prices.