New Zealand and UK dairy supplies continue to fall
Global milk supplies continue to respond to poor prices
The most recent dairy supply figures from New Zealand and the UK show that supplies are down in both countries.
Figures in the UK for its October supplies, from the AHDB, show that UK daily deliveries for the two weeks ending 1 October averaged 35.8m litres/day - some 3.2m litres/day (8.1%) lower than the same period last year.
Daily deliveries were 1.7m (4.6%) lower compared with the three-year average.
The figures come just days before UK dairy farmers' deadline for the next round of the EU’s milk reduction production scheme - 12 October.
Meanwhile, August figures for New Zealand milk supplies show that August (its spring) milk production is down in volume by 2.7% on last year.
The figures were released by the Dairy Companies Association of New Zealand.