Global milk deliveries
Updated 19 May 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.
- Milk deliveries in the key exporting regions increased in March, moving above the tracker for the first time this year. Average daily deliveries across the regions were just under 830 million litres per day, up 1.8% on the same month last year.
- New Zealand had impressive year on year growth in March, on the back of very good pasture growing conditions. Deliveries were up 5.1m litres per day on average, which is 9.8% up on March last year.
- Deliveries in the US were up 1.8% on average in March, equivalent to 4.9m litres per day.
- Australia was the only country to show a year on year decline in average daily deliveries, although this was relatively small at 1.8% (0.4m litres/day). Heavy flooding in some parts of the country affected yields.
- Meanwhile, the EU-27 recorded year on year growth in deliveries in March after two months of lower deliveries. France and Germany continue to run behind previous year production levels, although the gap is decreasing. Compensating for this was strong growth in deliveries in both Ireland and Poland. Overall, deliveries were 3.1m litres per day higher in March compared to last year, an increase of 0.8%.
- 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.