Browse Data and Analysis

Milk production for 2024 in Australia is forecast to increase by 0.6 percent to 8.50 million metric tons (MMT) after stabilizing in 2023 at an estimated 8.45 MMT from previous years of declining production. The forecast is amid an El Niño weather pattern in late 2023, likely to continue into 2024.

Due to the severe drought, Post forecasts a slight decrease in dairy output, estimating a decline of just over one percent to 11,441,000 MT in volume by the end of 2023 compared to 2022. Projections for 2024 are complex as several factors could lead to a significant drop in production, particularly during the first half of the year.

On October 25, 2023, China notified the National Food Safety Standard for Raw Milk No. 1 Amendment to the World Trade Organization (WTO) under G/SPS/N/CHN/1288.

On October 25, 2023, China notified the National Food Safety Standard for Modified Milk to the World Trade Organization (WTO) under G/SPS/N/CHN/1287. The proposed date of entry into force is to be determined. Comments may be submitted to China’s SPS...

This biannual report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in dairy products.

Estimated at a Retail Sale Price (RSP) value of about $350 million in 2021, Ghana’s dairy market presents bright prospects for suppliers of fat filled milk powder (FFMP) despite the recent growth in demand for non-dairy creamers due to their health and wellness tag.

On June 3, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 7,600 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year (JFY) 2022, in line with its...