European Dairy Market Summary

MADISON - Aug 20/15 - 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:
With the elimination of the quota system, there have been antidotal
suggestions that farm level production is up, while waiting for
published statistics. Commodity price drops are leading to farmgate
level prices paid out declining. The droughts in Western Europe have
affected production some, but it is still above year ago levels. Most
manufacturers are choosing to make cheese with available milk, due to
better returns.
EASTERN OVERVIEW:
Production is growing as the temperatures have dropped. Most
commodities are readily available, but cream supplies have tightened.
As the cooler weather sets in, the demand for fluid milk is
increasing.
0930c Tara.Hebrst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal:
http://www.marketnews.usda.gov/mnp/da-home

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STAT News Service