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February 6, 2020

 

EU cow's milk production registers modest growth in November

 


The EU cow's milk production in November 2019 increased a modest 0.9% compared with the same month in 2018, resulting in a cumulated increase of 0.5%.in the first 11 months, according to the latest "Milk Market Situation" report released by the European Commission's Milk Market Observatory on Jan. 24, 2020.

 

France, the Netherlands, Spain and Poland reported the highest production growth at 1.7%, or 33,000 tonnes; 2.8% or 30,000 tonnes; 4.2% or 23,000 tonnes; and 2.1% or19000 tonnes, respectively.

 

Ireland, the UK and Denmark posted the biggest reduction (8.3% or 39,000 tonnes; 0.6% or 8,000 tonnes; and 1.3% or 6,000 tonnes, respectively).

 

The increase in milk collection in January-November translated into modest production growth for most dairy products: butter (2.9%), skimmed milk powder (0.9%), whole milk powder (1.6%) and cheese (0.1%).

 

Production during the period decreased for drinking milk (3.4%) and fermented milk (0.5%).

 

According to the situational report, EU butter prices are 0.45% higher than in Oceania on the world market. SMP prices in the EU are 0.67% higher than in the US. In January the EU was the most competitive exporter for cheddar and slightly less price-competitive for butter (vs. Oceania) and SMP (vs. the US), as per the report.

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