STAT Communications Ag Market News

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.

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.
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
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USDA/AMS/Dairy Market News, Madison, Wisconsin
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