World Milk Day 2021

Now in its 22nd year, World Milk Day aims to help create a positive stream of conversation and generally display how much we all love milk. This year, the theme will focus on Sustainability in the dairy sector, with messages around the environment, nutrition and socio-economics.

The pandemic through the OECD numbers

I find statistics fascinating, and how these numbers interact with our daily lives. The Organisation for Economic Cooperation and Development (OECD) released some new figures recently, showing that growth of gross domestic product (GDP) in the G20 area slowed to 2.1% in the fourth quarter of 2020, down from the large rebound in the previous quarter (7.8%) that followed the unprecedented falls in the first half of the year due to Covid-19 containment measures.

Global milk output lower but prices up

After a very strong global milk production growth in 2020, Rabobank assumes that milk production will slow down significantly in 2021, however prospects for milk prices are better than expected at the beginning of the pandemic.

Getting caught in the middle

News comes that Australia’s government is blocking Mengniu Dairy in China from taking over Dairy Farmers in a A$600 million (€363.8m) bid, after its foreign investment review board (FIRB) advised approval.

Dairy Industries International