New Zealand: Dairy and Products Semi-annual
Link to report:
Drought conditions in the North Island are impacting milk supply in New Zealand, with milk production now forecast in 2020 at 21.7 million metric tons (MMT), down a little under 1 percent from 2019. So far COVID-19 has not impacted milk supply but is likely to disrupt export supply chains during the year. Total combined 2020 exports for whole milk powder, cheese, skim milk powder, and butter/AMF are now forecast at 2.68 MMT, a 2.7 percent reduction on the 2.75 MMT recorded in 2019.
