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Santiago Morales Hilarión

Data & Price Analyst

Santiago Morales Hilarión is a data and price analyst at DCA Market Intelligence, specializing in global food and agricultural markets. He provides data-driven insights, market forecasts, and pricing analysis that help producers, traders, and investors make informed decisions in complex international markets.

Santiago closely monitors market developments, commodity prices, supply chain dynamics, and trade flows, translating detailed data into clear and actionable guidance. His work covers a wide range of sectors, including livestock, dairy, potatoes and other key agricultural commodities.

Committed to combining rigorous analysis with practical market knowledge, Santiago helps stakeholders anticipate market shifts, manage risks, and identify opportunities across the global food and agricultural landscape.

Explore Santiago’s latest reports, analyses, and insights, or connect with him on LinkedIn for updates on international food and agricultural markets.


Latest insights

Analysis|Published: Yesterday 08:00 AM CET

UK milk output surges amid price pressures for the market

UK milk production was up 7.4% year-on-year in September despite seasonal lows, driven by strong farmgate prices and lower feed costs, though weather-driven forage price increases added pressure. Forage growth in the month also supported the rising output. However, the abundant supplies have begun to weigh on prices, with Müller and Arla announcing cuts. Meanwhile, retail dairy prices remain high, and policymakers call for tighter regulations to ensure fairer returns for farmers across the supply chain.

Analysis|Published: Nov 3, 2025

Milk output recovers in Germany, France, and Italy amid a price slowdown

European milk production is rebounding as autumn sets in, but not without tension. Germany and France are recording strong annual increases, defying seasonal trends, while Italy shows a milder recovery. Yet rising volumes are already putting downward pressure on milk prices across the EU, and producers remain wary amid the high costs.

News|Published: Oct 30, 2025

Fat-filled milk powder: Resilience in a bearish market

European fat-filled milk powder (FFMP) prices softened in 2025 but proved more stable than other dairy powders, supported by firm palm oil values and steady export demand. While intra-EU trade contracted, external shipments to Africa and the Middle East continued to expand, reflecting growing consumption in low-producing regions. Behind these trends, shifts in SMP supply, evolving price dynamics, and rising competition from Asian processors are reshaping the market’s balance.

Analysis|Published: Oct 22, 2025

New Zealand’s dairy boom backfires amid Australian drought

New Zealand’s milk surge has flooded global markets, turning what should be a record-breaking season into a price dilemma. Farmers are expanding output under strong farmgate prices, but the oversupply is backfiring across global markets. Meanwhile, Australia’s drought-stricken producers face the opposite struggle, with farmers struggling under a contracting production.

News|Published: Oct 21, 2025

Slight EU milk solids production suggests potential market stability

EU milk production showed a positive trend year-to-date (YTD) in July 2025, increasing by 0.54%, equivalent to an additional 354 million kilo of milk compared with the same period in 2024.

Analysis|Published: Oct 16, 2025

UK milk production up, farm gate prices down

UK milk production remained remarkably strong over the summer, even as grass growth slowed due to dry weather. Supported by high farmgate prices and resilient yields, output in August rose sharply year-on-year, pushing cumulative volumes and milk solids to new highs. However, mounting feed dependence and looming processor price cuts signal tightening margins ahead.

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