EU milk grows again in July

by | Sep 20, 2023 | Global, Volume trends

EU-27 July milk production rose 0.6% YOY, following a 0.4% YOY expansion in June. Among major producing countries, German supplies rose 2.1% YOY for the month. Dutch supplies were also up 1.8% in July while production in Denmark and Poland rose by 0.9% YOY and 2.1% YOY respectively. Franch output declined however, down 2.9% YOY while Ireland also fell 0.2% YOY – the fifth consecutive monthly contraction. We estimate that since the start of the year, the growth in milk solids far surpassed the EU27 milk growth, reflecting good quality of stored feed, high milk prices and favourable margins over feed cost. At +1.7% YOY, total milk solids growth in July reflected a 2% YOY lift in fat and a 1.4% YOY expansion in protein.

According to the most recent data, German supplies were up 0.9% YOY in week 36 (ending 9 September 2023). UK supplies rose 0.9% in that same week. Meanwhile, French milk production fell 3.9% YOY in week 35, the 42nd consecutive decline.