RSS   Newsletter   Contact   Advertise with us
Post Online Media
Oceania   1.3% below the total for 2016

New Zealand milk supply slowing down

New Zealand milkNew Zealand milk supply is continuing to slow as cow numbers decline and inputs are reduced in response to the lowest domestic milk prices in more than a decade.

The 2017 milk supply forecast of 21.17 million metric tons is two percent below the previous year and over three percent below peak production of 2014 before the current milk price downturn began.

READ MORE Whole milk powder prices in New Zealand surge

However, export volumes remain quite resilient as more milk is channeled into higher margin products, such as ultra-high temperature (UHT) liquid milk exports.

In 2017, total dairy exports are forecast at 3 million metric tons, 1.3% below the total for 2016.




What to read next





More inside POST
 
 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy