milk production

 

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.

South Korean production dips

The country’s milk production in 2020 benefited from favourable weather and higher price expectations, but production is expected to generally decrease in coming years as the government tries to manage supply and decrease powdered milk stocks.

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Austrian dairy sector reviewed for 2019

Austrian dairies and cheese manufactures were supplied with 3,139,802 tons of raw milk in 2019, which was a decrease of 1.35% compared to 2018, according to Agrarmarkt Austria (AMA), which has published a review for the country’s dairy sector.

Dairy Industries International