European Dairy Market Summary

MADISON - Oct 15/15 - 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:
Milk production is nearing the low point of the production year.
Sources report slightly higher volumes than a year ago levels for
September. Forecasts are predicted to go below year ago levels. Dairy
product prices are steady to increasing. Manufacturers are wanting to
procure tenders from Algeria. In order to make sure they have the
supplies if the contract is awarded, some have slowed sales and
increased production.
EASTERN OVERVIEW:
Milk output for Eastern Europe is steady to slightly higher, but
yearly milk production is expected to decrease from year ago levels.
Dairy commodity price firming is helping farmgate prices. Stocks for
dairy products are in line with year ago levels.
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