News

World: Risk of decline in milk production in the EU

Belgium
Market & Price Trends
Dairy
France
Published Nov 3, 2023

Tridge summary

During a meeting of the "Milk and dairy products" working group, the market situation in individual Member States was discussed, highlighting an increase in production in some countries but a decline in others. Milk purchase prices have been falling since January 2023, but the downward trend has slightly slowed down. Experts raised concerns about the challenges faced by milk producers, including falling prices, high production costs, and a lack of generational renewal, which may lead to a decline in milk production.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

On October 12, 2023, a hybrid meeting of the "Milk and dairy products" working group was held. During the meeting, topics mainly related to the market situation in individual Member States were discussed. Global market situation According to the Federation of Branch Associations of Agricultural Producers, production in the European Union in the period from January to August this year was 0.8 percent higher. higher than in the same period of 2022. In some Member States (e.g. Germany, Poland, Belgium) there was an increase in production, but there are also countries where production is declining (e.g. Italy, France). During the analyzed period, the production of skimmed milk powder, butter, cheese and whey powder was limited. Milk purchase prices Milk purchase prices have been falling since January 2023, but now the downward trend has slightly slowed down. FBZPR emphasizes that in August the price was 14%. lower than in January, but still higher than the 5-year average. Organic ...
Source: Farmer.pl
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.