Milch Cockpit, 22.06.2017

(AMI) - In the first months of 2017, the supply of the world milk market again showed an upward trend, since previous declines had been prevailing since the middle of last year, which led to a relief on the supply side, thus enabling price recovery. At the start of the year, however, the significantly improved producer prices and the regionally favorable weather patterns had a stimulating effect on milk production among the four most important suppliers of milk products on the world market - the USA, the EU, Australia and New Zealand. As a result, the export offer in March, for the first time since May 2016, has climbed again over the previous year's line. Developments in the exporting countries during the period from January to April were very mixed. However, the overall increase was mainly the result of the renewed tendencies in Oceania, in conjunction with the gradual melting-down of the EU volume. While the volume decline in the EU in March fell to nearly zero, production in Oceania again showed a growth. Here the declines in Australia were overcompensated by the increased production in New Zealand.At the same time, steady growth continued in the USA. When looking at the other developments on the global dairy market, there was again an increasing trend in the first third of 2017. In Canada and parts of South America, the milk supply has stabilized and has moved back somewhat over the previous year. Production in Russia and other countries in Eastern Europe is also positive. On the other hand, milk production in Switzerland, Norway, Turkey and Japan remained below the previous year's figure.