EU milk growth slowed in June

by | Aug 23, 2023 | Global, Volume trends

Based on complete Eurostat and AGEA milk production data, EU-27 June milk production rose 0.4% YOY, following a 0.8% YOY expansion in May. Among major producing countries, German supplies rose 2.1% YOY for the month. Dutch supplies were also up 1.6% for the month while Denmark and Poland rose by 0.9% and 1.9% respectively. France declined however, down 2.9% YOY while Ireland also fell 0.9% YOY – the fourth consecutive monthly contraction. We estimate that since the start of the year, the growth in milk solids far surpassed the EU-27 milk growth, reflecting good quality of stored feed, high milk prices and favourable margins over feed cost. At 1.1% YOY, total milk solids growth in June was lowest since September last year.

 According to the most recent data, German supplies were up 1.3% YOY in week 32 (ending 12 August 2023). That was the 49th consecutive weekly YOY increase. UK supplies rose 0.7% in that same week. Meanwhile, French milk production fell 1.2% YOY in week 32, the 39th consecutive decline.