Combined milk production within the major dairy exporting regions of New Zealand, the EU-28, the U.S., Australia and Argentina finished higher on a YOY basis for the 16th consecutive month during Jun ’18, increasing by 1.4%. The aforementioned regions combined to account for over 90% of global butter, cheese, whole milk powder and nonfat dry
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Executive Summary EU-28 milk production figures provided by Eurostat were recently updated with values spanning through Jun ’18. Highlights from the updated report include: Jun ’18 EU-28 milk production finished higher on a YOY basis for the 16th consecutive month, increasing by 1.3%. The YOY increase in EU-28 milk production was the smallest experienced throughout