Why is there less milk in the world?

게시됨 2024년 10월 21일

Tridge 요약

Key European milk producers, Germany and France, are struggling with adverse weather, high production costs, and environmental regulations, leading to a decline in herd size despite slight productivity gains. In contrast, the US sees stable cow numbers, maintaining raw milk production levels. New Zealand experienced a significant 9.2% increase in milk production in July, with modest growth expected. Globally, milk supply remains stable with regional variations. The Global Dairy Trade index rose 31% year-on-year, but dairy product prices like Cheddar cheese and milk powders are average, reflecting limited demand. China's weak demand and low milk prices are reducing cow numbers and production, and an anti-subsidy probe into EU dairy imports may redirect trade to New Zealand, Australia, or the UK, though a surge in Chinese imports is unlikely.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Key European raw milk producers Germany and France are struggling with adverse weather conditions. In the EU, milk producers are under pressure from high production costs and environmental regulations. The productivity of cows continues to increase little by little, but this is not enough to compensate for the decrease in the herd. According to Rural Bank estimates, the number of cows in the US is stabilizing, which will contribute to the stabilization of raw milk production, but it is unlikely that this will be enough to increase it. In New Zealand, record volumes of milk production were recorded in July, which were 9.2% more than last year. Milk production is expected to increase by 1-2% year-on-year in the coming months. It is therefore likely that global milk supply will remain relatively stable, with slight ups and downs in different regions. Global demand and commodity prices are volatile. The Global Dairy Trade (GDT) index rose 31% year-on-year. But the current level is ...

출처: MilkUA