World milk market: Heat has caused a reduction in the supply of raw milk

Production and demand Europe. According to the USDA, milk production is declining in southern Europe due to the record heat in July. Drought and heat negatively affected the productivity of cows. European cheesemakers lack raw materials, and the amount of cheese stocks in warehouses has decreased significantly. However, there were rains and coolness in the northern regions of Europe, which contributed to an increase in the number of pastures and, accordingly, to an increase in the amount of milk yield in the annual section. Such countries of Central and Eastern Europe as Poland, the Czech Republic and Romania have increased the volume of milk production since the beginning of the year. Despite the negative impact of the heat, the volume of milk production in the EU in 2023 is slightly higher than last year. During the first five months of 2023, 62 million tons of raw milk were produced in the EU, which is 0.7% more than in the previous year. The reduction of milk production in ...