Global milk deliveries

Updated 7 May 2025

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.

• Global milk deliveries averaged 813.8 million litres per day in February, with negligible change compared to the same period of the previous year across the selected regions. These figures have accounted for the leap year extra day in 2024. Argentina saw strong year on year growth, while New Zealand, the UK and the US also increased. The EU and Australia declined.
• Milk deliveries in the EU are estimated to have averaged 379.4 million litres per day in February, a 2.3% decline compared to the same period of the previous year. Individual country data has not yet been published, but EU Commission commentary states that Belgium, Denmark and France experienced the largest percentage decline of volumes. Some of the decline can be attributed to the spread of Bluetongue.
• UK daily deliveries averaged 42.0 million litres per day in February, up 2.7% on last year, equating to an additional 1.1 million litres per day. Favourable dairy producer economics supported production.
• US production was up by 1.0% year on year, with a 2.6 million litre per day increase on the average deliveries in February, compared to the same month last year. Producer margins are reported to be positive .
• Australia recorded a decline in milk production, with deliveries down by 0.3 million litres (-1.4%) compared to last year, to sit at an average of 20.4 million litres per day.
• New Zealand deliveries were down 2.5 million litres per day on last year’s figure, with February’s average daily deliveries at 66.6 million litres per day. Industry commentary describes drought conditions in the North Island while the South has seen more favourable weather.
• Argentina’s production saw an increase in February, up by 2.9 million litres per day (12.1%) in comparison to weak yields in February 2024. Industry reports describe better weather and more favourable economics creating optimism.

• 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.