Global milk deliveries
Updated 27 February 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 December were slightly up on last year. In total, an average of 804 million litres were delivered per day across the five key regions, 1.1% more than last December.
- Deliveries for the full year 2019 are roughly the same as last year (+0.1%), totalling just under 290bn litres.
- Year on year growth was reported in the EU, the US, and Argentina in December. Australia was steady, and New Zealand was slightly down on December 2018.
- New Zealand deliveries were down 0.5% in December, with dry weather likely impacting production.
- December production for the EU28 is up slightly (1.2%) from last year. Higher production in some of the larger producing nations, including France, Germany, Spain, Poland and the Netherlands, is behind this growth.
- The latest EU-28 volumes are estimated, based on 84% of delivery volumes.
- The tracker is a baseline for comparing against actual production, not a forecast of milk production.
- The baseline is calculated using five-year averages of month-on-month movements in milk production, providing information on a typical milk year in each of the key regions.