European Dairy Market Summary

MADISON - Apr 16/15 - 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 comparable with recent weeks, not showing
any significant change going into the first full week of the non-quota era.
Uncertainty remains with many in the industry as to just how quickly and to
what levels milk production will reach as the season progresses towards the
seasonal peak in the coming weeks.  Weather conditions are improving with
warmer temps and sunshine replacing the cool, wet, windy weather recently
covering a good portion of Western Europe's major dairy producing areas.
Most all dairy commodity markets have experienced light trading as a majority
of buyers are willing to wait for possible future price declines as northern
hemisphere milk production moves towards the seasonal peak.  February milk
delivery estimates, released by ZMB, showed deliveries 2% below year ago
levels.
EASTERN OVERVIEW:
Eastern European milk production estimates for February have milk volumes
above year ago levels, but Poland and the Baltic states had production
volumes below year ago levels.  Weather conditions have improved with warmer
temperatures and increased sunshine, prompting forage and pasture growth.
Milk production will continue to increase in the coming weeks as it builds
towards the seasonal peak sometime in May.
0930c rick.whipp@ams.usda.gov 608.557.7004
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home

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STAT News Service