World Milk Supplies

Published 16 September 19

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.

  • July saw a slight increase in growth for global milk supplies, with deliveries 0.1% above last year at 744 million litres/day. Deliveries for the year to date (Jan-July) are still 0.2% lower than last year.
  • Year on year growth was reported in the EU and New Zealand while the US and Argentina’s production was flat compared to last year. Australia’s production continues to lag behind.
  • Australia’s average daily deliveries were down 8.4% in July as they continue to struggle with the aftermath of drought and a smaller dairy herd.
  • New Zealand recorded a 4.6% year on year increase in average daily deliveries in July, as grass growth supported production.
  • EU production is up marginally (0.5%) due to higher production in Ireland, the UK and Poland which was enough to counter the reductions in production seen in France, Germany and the Netherlands.  

World Milk Supplies With Tracker

 

Annual Change World Milk 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.