EU milk production will be stable or increase slightly until 2025

According to the report of the EU Milk Market Observatory, milk production in the European Union is expected to remain almost unchanged or increase slightly. This is also reflected in the short-term milk market outlook recently published by the European Commission. According to estimates, the total milk production of the EU is around 155 million tonnes per year. The list of producers is headed by Germany, France, Poland, the Netherlands, Italy and Ireland. Together, these countries account for nearly 70% of EU milk production. Hungary produced 1,974.3 million liters of milk in 2023. At home, the buyer price and export price of raw milk rose at the end of the summer, and the price of processed dairy products also increased. In the 27 member states of the EU, a 0.5% increase in milk production is forecast for 2024, and a further, albeit moderate, improvement of 0.2% is expected for 2025. This requires the weather to be at least acceptable and milk prices to remain above average. ...