World milk consumption is recovering, but milk yields are falling

Published 2024년 6월 26일

Tridge summary

The USDA reports that Europe's raw milk production has surpassed seasonal peaks, indicating a possible lower milk production season due to expected hot weather and economic factors. The northwestern region, including Denmark, Germany, the Netherlands, and Belgium, is experiencing a decrease in milk volume due to declining farm profitability, environmental constraints, and labor shortages. The UK is also facing a reduction in milk production due to heavy rainfall. In contrast, Central and Eastern Europe has seen an increase in raw milk production due to warm weather and improved fodder supply. Demand for raw milk remains strong, particularly from butter and cheese producers. In the US, raw milk production continued to decline in May, primarily in the south due to increased temperatures. Australia's milk production has also declined due to drought, with many farmers leaving the industry due to high production costs, low milk prices, and labor shortages.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Production and demand Europe. According to the USDA, in the second half of May, raw milk production volumes in Europe passed seasonal peak values, and it is likely that this year milk production volumes may be lower than expected. Expected hot weather in the summer and economic factors may affect the reduction in the volume of nada in Europe. According to Rabobank, in the northwestern region of Europe, namely in countries such as Denmark, Germany, the Netherlands and Belgium, there are signs of a reduction in the volume of milk due to a prolonged decrease in farm profitability, environmental constraints, labor shortages, and more severe weather conditions. Stricter water quality requirements and reductions in the use of mineral fertilizers may accelerate the rate of decline in milk production. In the United Kingdom, there has been a lot of rainfall, which has prevented cows from grazing and may affect the quality of fodder. In Ireland, the Dairygold company plans to reduce the ...

Source: MilkUA