Global milk deliveries
Updated 03 September 2020
Trends in global milk supplies impact on prices. Deliveries in the five key exporting regions are tracked to provide an overview of current production levels and trends in global milk supplies.
The milk production regions included are the EU-28, Argentina, Australia, New Zealand and the United States. Combined, they account for more than 65% of global milk production and around 80% of global exports of dairy products.
- Global milk deliveries in June were 1.3% up on last year, equivalent to 9.7m litres more per day. In total across the six key regions, deliveries reached 774 million litres per day.
- All of the key regions saw growth in milk deliveries, with the exception of the UK. Here, deliveries continue to recover from actions farmers took during the height of the lockdowns to reduced yields.
- There were small annual increases in production in New Zealand and Australia, while Argentina saw good growth, although this is comparison to low production volumes last year.
- The US returned to growth in June after seeing average daily deliveries fall for the first time in a year in May. As in the UK, this was due to requests to reduce production as markets shut down.
- The tracker is a baseline for comparing against actual production, not a forecast of milk production.
- The baseline is calculated using historic month-on-month movements in milk production, providing information on a typical milk year in each of the key regions.