European Union: Dairy and Products Semi-annual

Post estimates that 2021 European Union (EU) milk deliveries will increase by 0.3 percent over 2020 due to continued global demand for dairy products and stable domestic demand. The growth rate for milk deliveries in 2021 will be more moderate than 2020, due to a reduction in the overall herd population and ongoing global market disruptions related to the COVID-19 pandemic. Post expects cheese, butter, whole dry milk (WDM), and non-fat dry milk (NFDM) production will increase in 2021 due to higher milk deliveries.