Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

Global Milk Production Update – Aug ’21

  • August 27, 2021August 27, 2021
  • by Belinda Przybylski

Executive Summary

Milk production figures throughout the major dairy exporting regions of New Zealand, the EU-27+UK, the U.S., Australia and Argentina were recently updated with values spanning through Jun ’21. Highlights from the updated figures include:

  • Combined milk production within the major dairy exporting regions remained at a record high seasonal level for the 13th consecutive month throughout Jun ’21, finishing 1.6% above previous year figures. The YOY increase in milk production volumes was the smallest experienced throughout the past four months, however.
  • Jun ’21 YOY increases in milk production were led on a percentage basis by Argentina, followed by the U.S., New Zealand and the EU-27+UK. Australian milk production volumes declined on a YOY basis throughout the month.
  • Milk production growth throughout the U.S. continued to outpace growth experienced throughout the other major dairy exporting regions for the 11th consecutive month throughout Jun ’21.

Additional Report Details

Combined milk production within the major dairy exporting regions of New Zealand, the EU-27+UK, the U.S., Australia and Argentina finished 1.6% higher on a YOY basis during Jun ’21, remaining at a record high seasonal level for the 13th consecutive month. The aforementioned regions combined to account for 90% of global butter, cheese, whole milk powder and nonfat dry milk export volumes throughout 2020.

Combined milk production volumes finished largely flat or lower on a YOY basis over eight consecutive months through Jul ’19, prior to finishing higher throughout each of the past 24 months through Jun ’21. The Jun ’21 YOY increase in combined milk production volumes was the smallest experienced throughout the past four months, however.

Jun ’21 YOY increases in milk production on a percentage basis were led by Argentina (+3.0%), followed by the U.S. (+2.9%), New Zealand (+1.7%) and the EU-27+UK (+0.8%). Jun ’21 milk production volumes declined on a YOY basis throughout Australia (-1.1%). The EU-27+UK produces significantly more milk than the other dairy exporting regions, accounting for over half of the combined production within the five exporting regions throughout Jun ’21.

Excluding the U.S., milk production within the major dairy exporting regions increased by 0.9% on a YOY basis throughout the month of June, remaining below the growth rate exhibited within the U.S. for the 11th consecutive month.

Additional milk production figures for the month of July have been released for New Zealand and the U.S. Production remained higher throughout each of the two countries.

Chinese Dairy Imports Update – Aug ’21
Quarterly Australian Milk Production Update – Aug ’21
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Mar ’24
  • U.S. Dairy Trade Update – Sep ’23
  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Atten Babler Commodities, a DBA of Pinion Futures LLC is a CFTC registered Introducing Broker and NFA Member (NFA #0284447) is a fully owned subsidiary of Pinion Risk Management LLC. Information contained herein is believed to be reliable, but cannot be guaranteed as to its accuracy or completeness. Past performance is no guarantee of future results or profitability. Futures and options trading involve substantial risk of loss and is not suitable for all investors. Clients may lose more than their initial investment. All information, communications, publications, and reports, including this specific material, used and distributed by PF shall be construed as a solicitation for entering into a derivatives transaction. PF does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.


Atten Babler Insurance Services a DBA of Pinion Commodities Solutions LLC is an equal opportunity provider and employer. The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, martial status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment, or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities. This publication is brought to you by Atten Babler Insurance Services and is intended for informational purposes only. Nothing contained herein can or should be interpreted to take precedence over policy language, Federal Crop Insurance Corporation/Risk Management Agency regulation, and Underwriting or Loss Adjustment rules.
© Copyright 2025 Atten Babler Commodities LLC