STAT Communications Ag Market News

European Dairy Market Summary

MADISON - Nov 20/14 - 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 is just beyond the seasonal low point with
volumes above year ago levels.  Milk prices received by famers are
maintaining a fair margin and encourage milk production.  Some producers who
are facing super levees, for being over quota, are taking steps to reduce
milk production.  Manufacturers of cream based products are very active,
preparing for the yearend holiday surge in demand.  Increased troop movements
in the Ukraine have weighed on financial markets and weakened the Euro, which
has resulted in some increased export interest for dairy products.  Estat -
Newcronos reported EU-28 January to September milk deliveries are 5.6% higher
than the same period in 2013.  Various member states showed the following
January to September increases compared to last year: Germany, 4.2%; France,
6.9%; UK, 9.5%; Belgium, 8.0%; Italy, 3.7%; and Ireland, 6.3%.  January-
September milk delivery data showed increases for all countries in Western
Europe with the exception of Greece -4.4%.
EASTERN OVERVIEW:
Eastern European milk production has moved beyond the seasonal low point, but
remains strong compared to last year.  Cream, raw milk, and some manufactured
dairy products are being shipped into Belarus in unknown volumes.  Baltic
States' producers are struggling to find new markets for their dairy products
that were previously exported to Russia prior to the import embargo.  Weather
conditions remain favorable for milk production.  European milk deliveries
for January-September reported by Estat - Newcronos, showed the following
year over year changes for selected countries: Poland,+7.4%; Lithuania,
+7.8%; Latvia, +11.0%; Estonia, +7.9%; and the Czech Republic, +0.7%.
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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