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Global milk production to decline in 2022 despite rising prices

Cow Milk
Published Jul 30, 2022

Tridge summary

Global milk production has been declining for several months compared to 2021 and will amount to 545.2 million tons in 18 countries included in the survey by the United States Department of Agriculture (USDA). This was reported on July 28 by the online publication AgrarHeute. Compared to the December forecast, milk production will decrease by 4.2 million tons. World milk production, albeit slightly, will decline for the first time in many years.

Original content

Global milk production has been declining for several months compared to 2021 and will amount to 545.2 million tons in 18 countries included in the survey by the United States Department of Agriculture (USDA). This was reported on July 28 by the online publication AgrarHeute. Compared to the December forecast, milk production will decrease by 4.2 million tons. World milk production, albeit slightly, will decline for the first time in many years. In Australia and New Zealand, milk production could recover by the end of the year thanks to favorable weather conditions. According to the current forecast, New Zealand will produce 21.88 million tons of milk, which is slightly less than in 2021. In Australia, production will be 8.73 million tonnes, down 3% from a year earlier. The US Department of Agriculture, due to the reduction in the number of cows, expects a decrease in the amount of milk by 1.9% by the end of 2022, to 142.3 million tons. Also, production is negatively ...
Source: Milknews
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