European Dairy Market Summary

MADISON - Dec 10/15 - SNS -- Dairy market conditions in western and eastern Europe were reviewed in the latest report on the sector released by the USDA today.

WESTERN AND EASTERN EUROPE
WESTERN OVERVIEW:
Western Europe continues to have plenty of milk in most countries with
declines in a few. Preliminary reports from Eurostat showed EU28 milk
production for January-September +1.4% above year ago levels.
Selected member states showed the following January-September
percentage changes compared to the same period last year: Germany,
+1.1%; France, -0.4%; UK, +1.5%; Belgium, +5.4%; Italy, +0.4%; and
Ireland, +9.9%. The volumes being produced have put pressure on dairy
powder pricing, where skim milk powder and whole milk powder prices
weakened. Skim milk powder is near intervention levels. Butter is in
good balance, with prices unchanged. Little disruption of milk flows
into processing is expected over holiday weeks because most
manufacturing plants will continue production except for some
specialty cheese plants.
EASTERN OVERVIEW:
Eastern European countries have mixed January through September
production levels compared with year ago. Whole milk powder production
for the first nine months generally lags year ago levels, as does skim
milk powder production, especially in Poland, the Czech Republic and
Slovakia.
0230c Eric.Graf@ams.usda.gov 608.557.7005
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal:
http://www.marketnews.usda.gov/mnp/da-home

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STAT News Service