2020/21 milk solids expected to fall short of last year

Friday, 2 October 2020

By Chris Gooderham and Kat Jack

Please note this analysis was published prior to our recent revision to GB production

Our latest GB milk production forecast puts 2020/21 volumes at 12.48bn litres. However, as discussed earlier in the year, for most milk processors, it’s not the volume of milk that is important, but the level of milk solids.

The latest forecast puts the average level of milk solids per day for 2020/21 at 2.64k tonnes. That would be slightly lower than 2019/20, as a result of the lower milk production this spring. Slightly lower than expected protein levels in the spring also contributed.

Looking ahead to next year, milk solids are expected to run ahead of 2020 quantities through April to September 2022, and back to a similar level to two years earlier.

 


Chris Gooderham

Head of Market Specialists - Dairy & Livestock

Katherine Jack

Analyst - Dairy

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