World Milk Supplies

Published 14 November 18

Milk production from the five key exporting regions of the EU-28, Argentina, Australia, New Zealand and the US are reported here to monitor trends in milk supplies.

These five regions account for over 65% of global milk production and around 80% of global exports of dairy products, and are therefore critical in influencing the direction of prices on global markets.

Detailed information on monthly milk deliveries in each of these regions is available in the downloadable file World Milk Deliveries - Selected Regions

The tracker* provides a baseline for comparing whether actual production is rising or falling as expected.

  • September deliveries averaged 802 million litres/day, surpassing the 2017 figure of 798 litres/day by 0.6 %.
  • Growth in milk supplies has slowed over recent months, and is lower than expected due to lower yields in the EU and Australia resulting from hot and dry weather. The other major supplying regions continue to show growth year on year.
  • New Zealand’s milk production has been very strong through the peak production period, with September deliveries up 6% year on year, reaching the highest level since 2014.
  • EU deliveries for September are estimated^ to be down by 1% compared to last year, equivalent to 4m litres/day on average. Most of the key supplying regions in the EU recorded lower production for September, although the UK delivered just under 1% more milk than last year.

World Milk Supplies With Tracker

 

Annual Change World Milk Deliveries

^EU-28 deliveries for September are estimated based on reported data covering 87% of total deliveries. 

*Month-on-month movements in milk production in the key regions of the EU-28, Argentina, Australia, New Zealand and the US for the last five years were combined to create an average milk profile for a typical milk year. Applying this typical milk profile to milk production for these regions in March allows AHDB to create a milk profile for the coming year. This is not a forecast, but simply a baseline projection determined by historic trends, and is updated quarterly to correct for current trends.