Dutch milk supply falls by 3% due to bluetongue and derogation

Published 2024년 9월 5일

Tridge summary

Dutch milk supply saw a decrease of 3% in July, accumulating to a 1.6% drop since the start of 2024, primarily due to the bluetongue virus and the end of derogation. In contrast, the European Union (EU) experienced a 1% increase in milk supply in the first half of 2024, led by Poland, France, and Germany, while Australia also saw a 3% increase. However, milk production in the US, New Zealand, Argentina, and Uruguay continued to decline. The butter quotation has surged, reaching a record of €780 in mid-August, driven by significantly increased cream prices, while the skimmed milk powder quotation has seen fluctuations due to unpredictable demand and limited availability of concentrate.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Dutch milk supply fell by 3 percent in July. Since June, the rate of decline has accelerated. Cumulatively, the level in the period up to and including July 2024 was 1.6 percent lower than in the first seven months of 2023. Dutch milk supply has been declining since September last year. This is mainly due to the outbreak of the bluetongue virus and the phasing out of the derogation. EU milk supply has shown an increase since February. In June, it rose by 1%, a slightly higher growth than in the previous months. The strong growth of Polish supply continued (+4%). France achieved a strong increase, after a number of months with hardly any growth. Germany showed a slight increase again. The decline in Ireland continued (-1%), but was much less strong than in the previous months. On balance, EU milk supply increased by 1.0% in the first half of 2024. The picture for the other globally important dairy exporting countries did not change in June and was still predominantly negative. ...

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