European Dairy Market Summary

MADISON - Jan 30/14 - 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:
Eurostat reported November milk production in the EU-28 up 4.4%, compared to
the same period last year.  Changes in November milk output from a year ago
for selected countries are:   Ireland, +19.7%; Netherlands, +5.9%; Germany,
+3.6%; and France +3.7%.  Current milk production in Western Europe is
increasing along the seasonal trend with some countries 3-5% above week to
week comparisons from a year ago.  Weather this winter has been comprised of
mostly mild and wet conditions, and generally supportive of milk production.
Dairy producers appear to be doing all they can to increase milk production
to assist in filling the global demand for dairy products.  The increase in
milk production is throwing fat supplies out of balance and pressuring butter
prices lower.  Milk solids demand remains strong globally with limited
availability.   International buyers are turning their focus from the
southern hemisphere to the northern hemisphere with increased interest for
European dairy products.
EASTERN OVERVIEW:
Eastern European milk production in November, according to Eurostat, was up
2.6%, compared to the same period last year.  The Poland and Baltic countries
are showing better milk production results than the southern countries of
Eastern Europe.  Changes in November milk output from a year ago for selected
countries are:   Poland, +4.6%; Slovenia, -1.9%; Hungary, +2.0% and the
Baltic countries +5.6%.  The winter in Eastern Europe has turned cold and may
affect milk production if it persists. Eastern European butter and cheese
manufacturers continue to receive good export interest from Russia.
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

---

STAT News Service