New Zealand reports increase in milk production in April

New Zealand milk production in April registered an increase of 6.8% (+100 thousand tons) compared to the same month of 2022, in line with the production of April 2021. The same value, translated into milk solids , shows a variation of +7.3%, also indicating an improvement in terms of milk fat and protein. With New Zealand being 856% self-sufficient in milk, higher yields translated into increased dairy exports, which were up 27% overall (+40% in milk equivalent). Significant increases characterize the export of skimmed milk powder (+74.6%) and whole milk powder (+35.7%). For both, greater purchases were registered from China, whose demand is gradually recovering, and from Algeria, which opened bidding for the import of powdered milk due to low local stocks. The United Arab Emirates and some countries in Southeast Asia also increased purchases of powdered milk, suggesting a strengthening of global demand. China is New Zealand's biggest buyer and, as mentioned, is driving demand for ...