World Milk Supplies

Published 27 March 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.

  • January 2019 deliveries averaged 794 million litres/day, slightly below last January’s figure of 796 million litres/day.
  • Growth in milk supplies has been limited in recent months as both the EU and Australia continue to produce less milk than last year.
  • New Zealand’s milk production was up again in January, surpassing last year’s levels by 7.7%, or 6 million litres/day.
  • EU deliveries for January are estimated^ to be down by 1.2% compared to last year, equivalent to 5 million litres/day on average. Deliveries from the key regions of Germany, France and the Netherlands were all down in January, and while the UK and Ireland recorded growth in production, it was not sufficient to compensate for the declines elsewhere.

  

World Milk Supplies With Tracker

 

Annual Change World Milk Deliveries

 

^EU-28 deliveries for December are estimated based on reported data covering 99% 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.