Global milk deliveries
Updated 16 December 2020
Trends in global milk supplies impact on prices. Deliveries in the six 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-27, UK, Argentina, Australia, New Zealand and the United States. Combined, they account for more than 65% of global cow's milk production and around 80% of global exports of dairy products.
- October milk deliveries in the key exporting regions were up 1.5% year on year, equivalent to 12.2m litres more per day. In total across the key regions, deliveries reached 832 million litres per day.
- The US and EU continue to contribute the bulk of this growth, recording an increase in deliveries of 2.3% and 0.8% respectively from previous year levels.
- New Zealand’s year on year growth has slowed slightly, with deliveries up by 0.8m litres per day in October.
- Australia has seen average daily deliveries drop marginally from last year, with average daily deliveries down by 0.3%.
- Argentina continues to see good growth, having recovered from the low production years of 2018 and 2019. In October, production was 5.7% higher year on year, equivalent to an additional 1.9m litres per day.
- 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.