Global milk deliveries
Updated 18 January 2022
Trends in global milk supplies impact on prices. Deliveries in the six key exporting regions are tracked to provide an overview of current production levels and trends in global milk supplies.
The milk production regions included are the EU-27, UK, Argentina, Australia, New Zealand and the United States. Combined, they account for more than 65% of global cow's milk production and around 80% of global exports of dairy products.
- Global milk deliveries dropped again in November, down 0.5% on year earlier volumes.
- Deliveries across the key regions totalled 817.9 million litres per day, 4.4 million litres per day less than November 2020.
- Year on year declines occurred in all the key producing regions, apart from Argentina.
- The largest drop occurred in the EU-27, where deliveries were 2.5m litres/day lower than in November 2020. In line with trends so far this year, France, Germany, and the Netherlands were all in deficit while increases in Ireland and Italy helped to mitigate the drop across the EU-27.
- New Zealand’s production continued to struggle, with deliveries down 1.5% in November on an annual basis, equivalent to a drop of 1.4m litres/day.
- The US saw a relatively small drop in percentage terms (-0.4%), but given its size, this translated to a reduction in volumes of 1m litres/day on average in November.
- The tracker is a baseline for comparing against actual production, not a forecast of milk production.
- The baseline is calculated using historic month-on-month movements in milk production, providing information on a typical milk year in each of the key regions.
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