Global milk supplies move into growth phase

Published 19 June 17

The gap in global milk supplies that characterised the majority of 2016 has now closed, with cumulative deliveries to April surpassing last year’s levels. Combined production in the first four months of 2017 was around 94.3 billion litres, 67m litres (0.1%) more than in the same period in 2016 after adjusting for the leap year.

Supplies tracked slightly higher than expected in April milk deliveries in New Zealand fell less than typical seasonal patterns due to good grazing conditions during the month. Meanwhile, total EU-28 deliveries were bolstered by strong production in Ireland and Poland, which more than compensated for the impact of cold weather on deliveries from Germany.

Annual Change World Milk Deliveries

Production figures for Argentina (Jan-17 – Apr 17) and the EU-28 (Apr-17) are estimated as actual volumes are not yet available.