World Milk Supplies

Published 30 January 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.

  • During November, global milk deliveries averaged 805 million litres/day. This is 0.4% below 2017 levels which equates to an average 3.3 million litres less/day.
  • Year on year growth in milk supplies have slowed in recent months, contracting in November for the first time since February 2017. Lower production in the EU and Australia is likely a knock-on effect of the drought conditions both areas have experienced this season. Meanwhile, tight margins have continued to slow the growth in US production, with year-on-year production growth falling to 0.6%.
  • New Zealand milk production continues to show growth with November deliveries 1% above 2017 levels.
  • EU-28 deliveries for November are estimated* to be down by 0.8% compared to the previous year, which is the equivalent to 3.1 million litres/day on average. Ireland continued to record double-digit growth in November, with a 23% increase year-on-year or an additional 88 million litres. This growth was offset by a reduction in deliveries in Germany, France and the Netherlands. Deliveries from these key regions were down by a total of 178 million litres year-on-year.

World Milk Supplies With Tracker

 

Annual Change World Milk Deliveries

^EU-28 deliveries for November 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.