Analysts predicted global raw milk production in 2023

Published Oct 24, 2023

Tridge summary

Global raw milk production is expected to increase by 2.1 percent this year, reaching 956 million tons. The countries with the highest projected increases in production are Belarus, Turkey, New Zealand, the European Union, and the United States. However, Chile, Japan, Australia, and Argentina are expected to see a decrease in production due to factors such as drought and technical issues.

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

Original content

This year, global raw milk production should increase by 2.1 percent to 956 million tons (in official statistics, instead of liters and milliliters, kilograms and tons are called - ROSNG). As The DairyNews reports, such forecasts were voiced by Laurent Damien, executive director of the analytical agency CNIEL, at the World Dairy Summit in Chicago. He named six countries where production of the product should increase. Ours also got there, with an expected growth of 3.5 percent. The most noticeable increase will be in Belarus by six percent, by 3.6 in Turkey, 2.6 in New Zealand, 0.7 in the European Union (EU) and half a percent in the United States. This may be due to high livestock productivity and the use of new technologies in these countries, especially the USA and Europe. However, a less significant increase in the last two will be associated with the so-called “high base effect”, since now the possibilities for further increasing production have reached their limit. At the ...

Source: Rosng