Milk production in Europe differs from Oceania and the United States

Published 2024년 11월 29일

Tridge summary

Fonterra, New Zealand's largest dairy company, has reported a 2.5% increase in milksolids collected from farmers in October compared to last year, totaling 205 million kilos. Australia also saw a 1.3% increase. New Zealand's milk production increased by 2.1% due to favorable weather, while Europe's decreased by 2.1% due to bluetongue. However, New Zealand and the United States saw growth in dairy exports, with New Zealand experiencing a 6.3% increase in October. Meanwhile, Europe's exports decreased due to higher prices, pricing itself out of the market. China imported 11.8% fewer dairy products in October, while imports from South America increased by 10.1%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In New Zealand, Fonterra collected 2.5 percent more kilos of milksolids (combined fat and protein) from dairy farmers in October than last year. This amounts to a volume of 205 million kilos. In Australia, the increase is 1.3 percent, to 12.2 million kilos. During the current 'milk season', which runs in Oceania from June this year to May next year, 4.7 percent more kilos of milksolids have been collected from dairy farmers in New Zealand than in the previous season. In Australia, the increase is 2.1 percent. With its largest dairy company, Fonterra, New Zealand is an important player in the global dairy market. Every month, the company provides an update on its performance compared to developments worldwide. Total milk production in New Zealand, including other dairy companies, increased by 2.1 percent in October. This increase is the result of favourable weather conditions. Milk production in Europe Milk production in Europe fell by 2.1 percent in September. Fonterra mentions ...

Source: Nieuwe Oogst