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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STAT News Service
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