The cream against the glass: They estimate that global milk production will grow this year, while in Argentina, the volume will fall

According to data recently published by the Argentine Dairy Chain Observatory, world bovine milk production grew slightly in 2023, but will still be at higher levels than in 2022. If the main producing countries are taken, which represent around 55% of world milk production According to data recently published by the Argentine Dairy Chain Observatory, world bovine milk production grew slightly in 2023, but will still be at higher levels than in 2022. If the main producing countries are taken, which represent around 55% of the world's production of cow's milk, an increase in production of 0.55% can be observed for the year 2023 compared to the year 2022. For the main exporting countries, the interannual evolution was at a decreasing pace and can be linked to low international prices, reduced demand (especially from China), increases in the main costs (food and energy), and adverse weather situations. These factors can contribute to an improvement in prices, which is being noticed ...