Global milk production is increasing in the Northern Hemisphere and falling in Oceania

Published 2024년 5월 13일

Tridge summary

In April, continental Europe experienced an increase in raw milk production due to favorable weather conditions and improved fodder supply, with the majority of the increase coming from Central and Eastern Europe. However, milk production in the northwestern region of Europe, including Denmark, Germany, the Netherlands, and Belgium, is declining due to low farm profitability, environmental constraints, and labor shortages. The European Union currently has a balance between milk supply and demand, but a further decrease in milk production could lead to increased competition and reduced profitability for processing enterprises. Demand for raw milk remains high from butter and cheese producers in Europe and the United States, where milk production has increased despite a decrease in milk consumption. The global demand for milk powder is currently restrained by the economic crisis in China. In the United States, milk production has increased despite a decrease in milk consumption, driven by exports and the use of milk in semi-finished products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Production and demand Europe. In April, continental Europe saw an increase in the production of raw milk under the influence of favorable weather, an increase in the number of pastures and an improvement in the supply of fodder. Too much rainfall in the UK has prevented cows from grazing and may also affect the quality of fodder. The increase in loan volumes is mainly due to the countries of Central and Eastern Europe. For example, in the first quarter of 2024, Poland increased the production of raw materials to 3.3 million tons, which is 2.2% more compared to last year's period. Over the same period, the Czech Republic increased its import volumes to 829,000 tons (+3.2%), Hungary to 438,000 tons (+3.3%), and Slovakia to 210,000 tons (+3.2%). According to the USDA, milk production was also increased in Germany and France in April. Although, according to Rabobank, in the northwestern region of Europe (Denmark, Germany, the Netherlands and Belgium), which for many years has been the ...
Source: MilkUA

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