MADISON - Jul 17/14 - SNS -- Dairy market conditions in western and eastern Europe were reviewed in the latest report on the sector released by the USDA today.
WESTERN AND EASTERN EUROPE WESTERN OVERVIEW: Western European milk production continues to be good with producers incentivized by good margins and favorable weather. Export market activity for most dairy commodities is light. Export prices are under pressure from other global markets. Domestic demand has also weakened, due to the onset of the European holiday season. Western European milk delivery estimates for May, reported by ZMB, have EU-28 production 3.8% above 2013 levels. Monthly delivery increases over last year levels are declining as milk production declines along the seasonal trend with Germany +3.1%; France, +3.8%; UK, +8.0%; Netherlands, +1.2% and Ireland, +7.0%. January-May deliveries compared to one year ago for selected countries are: Germany, +4.4%; France, +6.0%; Ireland, +8.5%; Netherlands, +4.3%; and the UK, +11.9%. EASTERN OVERVIEW: Milk production in Eastern Europe remains strong with continued significant increases over year ago levels in Poland and the Baltic States. Increased levels of cheese, skim milk powder and butter are being produced, compared to last year. Dairy exports to Russia have increased recently as additional plants have gone through the Russian registration and approval process. Eastern European milk deliveries for May, reported by ZMB, showed robust increases for some countries compared to last year with Poland up 7.8%, Romania up 17.4% and the Baltic States up 12.3%. 0930c rick.whipp@ams.usda.gov 608.278.4151 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: www.marketnews.usda.gov/portal/da
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STAT News Service
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