World Milk Supplies

Published 12 July 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.

  • May 2019 deliveries averaged 799 million litres/day, 0.5% below last May’s figure of 803 million litres/day.
  • The EU28 was the only region to record year on year growth, although this was only marginal at 0.1% (0.4m litres/day).  Continued pressure on margins in many regions, unfavourable weather and some herd contraction is behind the global slowdown. 
  • The largest drop in deliveries occurred in Australia, where the prolonged drought has hit farmer margins and confidence,  leading to a significant drop in the size of the dairy herd. Average daily deliveries were 13.6% lower than last year in May.
  • Argentina’s production is still down, but seems to be recovering its position, with average daily deliveries down 1.7% in May, compared to a 5.0% drop in April. 
  • EU production recorded a small year on year increase in May, with volumes estimated to be up by 0.1% (0.4m litres/day). France and Germany continue to struggle to meet year earlier levels, as does the Netherlands. Ireland and the UK have maintained positive growth while Poland's growth slowed down in May.

  

World Milk Supplies With Tracker

 

Annual Change World Milk 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.