STAT Communications Ag Market News

European Dairy Market Summary

MADISON - Jan 21/16 - SNS -- Dairy market conditions in western and eastern Europe were reviewed in the latest report on the sector released by the USDA today.

Northern European milk production is said to significantly exceed
levels one year ago, but is slightly lower than a week ago due
primarily to weather conditions. In this part of Europe, late year
holidays tend to linger and this week is the first week of the year
with most people fully back at work and retail dairy supply chains
back in normal flows. November milk production is typically the lowest
month in Europe. This November, milk production was an estimated 4.9%
above November one year ago, exceeding 4.2% in October, the previous
high. During the period January-November, 2015, the top increases in
milk production over the same period of the prior year for EU
countries are: Spain, 13.69%; Ireland, 12.87%; Luxembourg, 8.05%; and
Belgium, 6.38%. The only decreases were: Greece, -1.63%; Sweden,-
0.32%; and France, -0.03%. Overall higher levels of milk production
than one year ago are expected to continue through the first months of
2016. Processors are facing the challenge of what to do with increased
volumes of milk in a global situation of more milk from various
sources seeking customers.
0930c 608.557.7005
USDA/AMS/Dairy Market News, Madison, Wisconsin
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