Global milk deliveries
Updated 22 September 2021
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.
- Growth in global milk deliveries slowed in July, down to 0.6% on previous year levels in comparison to 1.5% growth in June.
- Total deliveries across the key regions reached 763 million litres per day, or 4.4 million litres per day more than in July 2020.
- US volumes were up 2.0% year on year, amounting to an extra 5.2m litres of milk per day.
- Argentina and New Zealand also recorded annual growth in deliveries. With production at seasonal lows in NZ, this amounted to just 0.6m litres/day more.
- This growth was tempered by drops in the EU-27, the UK and Australia where deliveries were down by 0.3%, 1.2% and 3.5% respectively.
- Deficits in France, Germany, the Netherlands and Poland accounted for the drop in EU-27 deliveries, despite continued growth in Italy, Ireland and Spain.
- 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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