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DAIRY 2016
DAIR
Y 20
16
AMI Market Review Dairy 2016
If you need to follow the dairy market in detail, you can receive all the important facts on the markets for milk and dairy products from one resource – the AMI Market Review Dairy 2016. For the sixth time AMI is publishing this comprehensive reference guide in English, which includes all key facts and assessments of the German, European and World Dairy markets. Therefore Market Review Dairy 2016 is a “must have” for your strategic decisions.
The Market Review Dairy 2016 gives a comprehensive overview of the main developments in the dairy market. A preliminary market analysis is followed by detailed summary tables which include long-term data on milk production and supply, production of dairy products, supply and consumption, prices, foreign trade and consumer’s demand in Germany, the European Union and selected countries outside the European Union.
AMI - Agrarmarkt Informations-Gesellschaft mbH Dreizehnmorgenweg 10�53175 Bonn (Germany)
Agrarmarkt Informations-Gesellschaft is the leading source for independent facts and news of the agribusiness.
Review
Facts for Decisions.
Conten
t
2 AMI Market Review Dairy 2016 | AMI-informiert.de
AMI Market Review Dairy 2016 Data | Facts | Developments | Germany | EU | World
Author Andreas Gorn
Editors Dr. Kerstin Keunecke, Victoria Becker, Thomas Els, Julia Leurs, Michaela Cox Phone: +49 (0)228 33805-100 | Fax: +49 (0)228 33805-109
Info Graphics Gerhard Knothe Oliver Hauptstock (cartomedia)
Translation (commentary) Lisa Olschewski Phone: +49 (0)157 5592 0349 | E-Mail: [email protected]
Cover Design Success Identity GmbH
Publisher Agrarmarkt Informations-Gesellschaft mbH Dreizehnmorgenweg 10 | 53175 Bonn
Phone: +49 (0)228 33805-0 | Fax: +49 (0)228 33805-590 E-Mail: [email protected] | Internet: www.ami-informiert.de
Print Medienhaus Plump GmbH Rolandsecker Weg 33 | 53619 Rheinbreitbach www.mhp-print.de
ISSN 2190-0809
Deadline: 8. April 2016
© AMI GmbH 04/2016 | All rights reserved. May not be copied, used or circulated, in part or in full, without written permission.
AMI Market Review Dairy 2016 | AMI-informiert.de 3
Content
Table Page
Symbols, Conversions, Abbreviations ........................................................................ 12
1 Commentary Germany - No surprises on the German milk market after quota end ................. 13-19 European Union - Historical incision in the milk market from elimination
of the EU quota system ......................................................... 20-24
World - Global milk market in crisis ..................................................................... 25-26
2 Germany – Overview 2.1 Selected Economic and Agricultural Figures .............................................................. 27
2.2 Key Price Index Figures ............................................................................................. 28
2.3 Agricultural Production Value at Producer Prices ...................................................... 28
2.4 Major Dairy Figures 1951-2000 .................................................................................. 29
2.5 Major Dairy Figures 2005-2015 .................................................................................. 30
2.6 Dairy Industry Turnover .............................................................................................. 31
2.7 Export Values ............................................................................................................. 31
2.8 Import Values ............................................................................................................. 31
3 Germany – Dairy Farming 3.1 Structure of Dairy Farming ......................................................................................... 33
3.2 Average Milk Yields .................................................................................................... 34
3.3 Breakdown of Milk Production by Federal States ...................................................... 34
3.4 Milk Deliveries ........................................................................................................... 35
3.4.1 Breakdown of Milk Collected by Federal States ........................................................ 35
3.4.2 Breakdown of Milk Delivered to Dairies by Federal States ......................................... 36
3.4.3 Quota Surpluses and Deficits ..................................................................................... 36
3.4.4 Results of the milk quota exchange….. ....................................................................... 37
3.4.5 Fat Content of Milk Delivered to Dairies (raw milk) .................................................... 38
3.4.6 Protein Content of Milk Delivered to Dairies (raw milk) ............................................... 38
3.5 Producer Prices for Raw Milk (Standardised Content) ................................................ 39
3.5.1 Producer Prices for Raw Milk (Real content) .............................................................. 39
3.5.2 Producer Prices for Conventional Cow Milk ................................................................ 40
3.5.3 Fat and Protein Content of Conventional Cow Milk ..................................................... 40
3.5.4 Producer Prices for Organic Cow Milk ........................................................................ 41
3.5.5 Fat and Protein Content of Organic Cow Milk ............................................................. 41
3.5.6 Results of the Annual AMI-Milk Price Survey ............................................................. 42
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4 Germany: Milk Utilisation
4.1 Structure of the Dairy Industry ................................................................................... 43
4.2 Whole Milk Utilisation ................................................................................................. 44
4.3 Whole and Skim Milk Utilisation in Dairies ................................................................. 45
4.4 Bulk Milk and Cream Imports ..................................................................................... 46
4.5 Bulk Milk and Cream Exports ..................................................................................... 46
5 Germany: Liquid Milk 5.1 Liquid Milk Supply and Consumption ......................................................................... 47
5.1.1 Purchases of Milk by Private Households .................................................................. 48
5.1.2 Per Capita Consumption of Milk ................................................................................. 48
5.2 Production of Liquid Milk by Fat Content and Type of Treatment .............................. 49 5.3 Cream Supply and Consumption ............................................................................... 50
5.3.1 Production of Cream by Type .................................................................................... 50 5.4 Production of Fresh Milk Products by Type and Fat Content ..................................... 51
5.5 Imports of Milk and Fresh Milk Products .................................................................... 52
5.6 Exports of Milk and Fresh Milk Products .................................................................... 52
5.7 Consumer Prices for Liquid Milk and fresh dairy products ......................................... 53
6 Germany: Butter 6.1 Butter Supply and Consumption ................................................................................ 55
6.1.1 Purchases of Butter by Private Households ............................................................... 56
6.2 Dairy Butter Production by Type ................................................................................ 57
6.3 Imports of Butter and Butter Fat Concentrates .......................................................... 57
6.4 Exports of Butter and Butter Fat Concentrates .......................................................... 58
6.5 Butter Prices ............................................................................................................... 58
7 Germany: Cheese 7.1 Cheese Supply and Consumption .............................................................................. 59
7.1.1 Cheese Purchases by Private Households ................................................................ 61
7.1.2 Per Capita Consumption of Cheese ........................................................................... 62
7.2 Cheese Production by Type and Variety .................................................................... 63
7.2.1 Production of Processed Cheese and Flavoured Processed Cheese ....................... 64
7.3 Imports of Cheese ...................................................................................................... 65
7.4 Exports of Cheese ...................................................................................................... 66
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7.5 Cheese Price Quotations ........................................................................................... 67
7.5.1 Retail Cheese Prices ................................................................................................. 67
8 Germany: Preserved Milk Products 8.1 Preserved Milk Products Supplies and Consumptions .............................................. 69
8.3 Imports of Preserved Milk Products ........................................................................... 71
8.4 Exports of Preserved Milk Products ........................................................................... 72
8.5 Prices of Preserved Milk Products ............................................................................. 73
8.5.1 Prices of Soy Bean Meal ............................................................................................ 73
8.5.2 Prices of Dairy Feed Concentrates and Milk Replacers ............................................ 73
9 European Union: Economic Data 9.1 Selected Economic and Agricultural Figures of the European Union ........................ 75
9.2 Population Figures of the European Union ................................................................ 76
9.3 Currency Exchange Rates ......................................................................................... 77
10 European Union: Dairy Farming 10.1 European Union Dairy Markets Summary .................................................................. 79
10.1.1 European Union: Balance Sheet of Cow Milk ............................................................ 80
10.1.2 European Union: Balance Sheet of Milk Fat .............................................................. 80
10.1.3 European Union: Balance Sheet of Skim Milk ........................................................... 81
10.1.4 EU Share in the World Dairy Trade ........................................................................... 82
10.2 Production of Cow Milk .............................................................................................. 83
10.2.1 European Union: Dairy Cow Numbers ....................................................................... 84
10.2.2 Average Milk Yield per Cow ....................................................................................... 85
10.2.3 Deliveries of Milk to Dairies ........................................................................................ 86
10.2.3.1 Average Fat Content of Cow Milk Delivered to Dairies .............................................. 87
10.2.3.2 Average Protein Content of Cow Milk delivered to Dairies ........................................ 88
10.3 Average Producer Prices for Milk .............................................................................. 89
11 EU: Milk and Cream 11.1 Structure of the Dairy Industry in the EU ................................................................... 91
11.2 Key Foreign Trade Figures for Milk and Cream .......................................................... 92
11.2.1 Imports of Milk ............................................................................................................ 93
8.2 Production of Preserved Milk Products ...................................................................... 70
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11.2.2 Exports of Milk ............................................................................................................ 94
11.2.3 Imports of Cream ....................................................................................................... 95
11.2.4 Exports of Cream ....................................................................................................... 96
12 EU: Liquid Milk 12.1 EU Balance Sheet for Liquid Milk ............................................................................... 97
12.1.1 Per Capita Consumption of Liquid Milk ...................................................................... 97
12.1.2 Production of Liquid Milk in Dairies ............................................................................ 98
12.1.3 Production of Partly Skimmed and Skimmed Milk in Dairies ..................................... 99
12.1.4 Imports of Liquid Milk ............................................................................................... 100
12.1.5 Exports of Liquid Milk ............................................................................................... 101
12.2 EU Balance Sheet for Cream ................................................................................... 102
12.2.1 Per Capita Consumption of Cream .......................................................................... 102
12.2.2 Production of Cream ................................................................................................ 103
12.2.3 Imports of Cream ..................................................................................................... 104
12.2.4 Exports of Cream ..................................................................................................... 105
12.3 EU Balance Sheet for Yogurt and Fermented Products .......................................... 106
12.3.1 Per Capita Consumption of Yogurt and Fermented Milk Products .......................... 106
12.3.2 Production of Yogurt and Fermented Milk Products ................................................ 107
12.3.3 Imports of Yogurt and Fermented Milk Products ...................................................... 108
12.3.4 Exports of Yogurt and Fermented Milk Products ..................................................... 109
13 European Union: Butter
13.1 EU Balance Sheet for Butter .................................................................................... 111
13.1.1 Per Capita Consumption of Butter ........................................................................... 112
13.2 Dairy Butter Production ............................................................................................ 113
13.3 Key Foreign Trade Figures for Butter ....................................................................... 114
13.3.1 Imports of Butter ....................................................................................................... 115
13.3.1.1 Imports of Butter from Major Countries of Origin ..................................................... 116
13.3.2 Exports of Butter ...................................................................................................... 117
13.3.2.1 Exports of Butter ...................................................................................................... 118
13.3.2.2 Destination of Butter Exports ................................................................................... 119
13.3.2.3 Exports of Butter Concentrates ................................................................................ 120
13.3.2.4 Destinations of Exports of Butteroil and Butter Concentrates .................................. 121
13.4 Butter Prices ............................................................................................................. 122
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13.5 Monthly Sales of Butter to EU Intervention Agencies .............................................. 123
13.5.1 Monthly Sales of Butter to EU Intervention Agencies .............................................. 124
13.5.2 Butter Stocks under Private Storage Contracts ....................................................... 125
13.5.3 Butter Stocks ............................................................................................................ 125
14.1 EU Balance Sheet for Cheese ................................................................................. 127
14.1.1 Per Capita Consumption of Cheese ........................................................................ 128
14.2 Cheese Production in Dairies .................................................................................. 129
14.2.1 Production of hard cheese, semi-hard cheese and soft cheese … .......................... 130
14.2.2 Production of Fresh Cheese … ................................................................................. 131
14.3 Key Foreign Trade Figures for Cheese .................................................................... 132
14.3.1 Imports of Cheese .................................................................................................... 132
14.3.1.1 Imports of Cheese from Selected Countries ............................................................ 133
14.3.2 Exports of Cheese ................................................................................................... 134
14.3.2.1 Exports of Cheese to Selected Countries ................................................................ 135
14.3.2.2 Cheese Exports of EU Member States to Countries outside the EU ....................... 136
14.3.3 Inter-EU Trade in Cheese ........................................................................................ 138
14.4 Cheese Prices .......................................................................................................... 140
14.5 EU Balance Sheet for Processed Cheese .............................................................. 141
14.5.1 Processed Cheese Production ................................................................................ 141
14.5.2 Imports of Processed Cheese .................................................................................. 142
14.5.3 Exports of Processed Cheese ................................................................................. 143
15 European Union: Preserved Milk Products 15.1 EU Balance Sheet for Condensed Milk .................................................................... 145
15.1.1 Per Capita Consumption of Condensed Milk ........................................................... 145
15.1.2 Production of Condensed Milk ................................................................................. 146
15.1.3 Key Foreign Trade Figures for Condensed Milk ...................................................... 146
15.1.3.1 Imports of Condensed Milk ...................................................................................... 147
15.1.3.2 Exports of Condensed Milk ...................................................................................... 148
15.1.3.2.1 Destinations of EU Exports of Condensed Milk ....................................................... 149
15.1.3.2.2 Destinations of EU Exports of Sweetened Condensed Milk .................................... 150
15.2 EU Balance Sheet for Whole Milk Powder ............................................................... 150
15.2.1 Production of Whole Milk Powder and Semi-Skimmed Milk Powder ....................... 151
14 European Union: Cheese
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15.2.2 Key Foreign Trade Figures for Whole Milk Powder ................................................. 151
15.2.2.1 Imports of Whole Milk Powder and Partly Skimmed Milk Powder ............................ 152
15.2.2.2 Exports of Whole Milk Powder and Partly Skimmed Milk Powder ........................... 153
15.2.2.2.1 Destinations of EU Exports of Whole Milk Powder .................................................. 154
15.2.2.2.2 Destinations of EU Exports of WMP and Partly Skimmed Milk Powder ................... 155
15.3 EU Balance Sheet for Skim Milk Powder ................................................................. 157
15.3.1 Production of Skim Milk Powder .............................................................................. 158
15.3.2 Key Foreign Trade Figures for Skim Milk Powder .................................................... 158
15.3.2.1 Imports of Skim Milk Powder .................................................................................... 159
15.3.2.1.1 Imports of Skim Milk Powder from Major Countries of Origin .................................. 160
15.3.2.2 Exports of Skim Milk Powder ................................................................................... 161
15.3.2.2.1 Destinations of EU Exports of Skim Milk Powder ..................................................... 162
15.4 EU Balance Sheet for Whey Powder ....................................................................... 163
15.4.1 Production of Whey Powder ..................................................................................... 163
15.4.2 Imports of Whey Powder .......................................................................................... 164
15.4.3 Exports of Whey Powder .......................................................................................... 165
15.4.4 Destinations of EU Exports of Whey Powder ........................................................... 166
15.5 Exports of Lactose ................................................................................................... 166
15.6 EU Balance Sheet for Casein .................................................................................. 167
15.6.1 Production of Casein and Caseinates ...................................................................... 167
15.6.2 Imports of Casein ..................................................................................................... 168
15.6.3 Exports of Casein ..................................................................................................... 169
15.7 Prices of Preserved Milk Products ........................................................................... 170
15.8 Intervention Sales and Subsidised Sales of Skim Milk Powder and Skim Milk ........ 171
15.9 Monthly Sales of Skim Milk Powder to EU Intervention Agencies ........................... 172
15.10 Skim Milk Powder Stocks ......................................................................................... 173
16 European Union: Agricultural Policy 16.1 National Quotas ....................................................................................................... 175
16.1.1 National Quotas for Milk Deliveries .......................................................................... 176
16.1.2 National Quotas for Direct Sales .............................................................................. 177
16.1.3 National Quotas and Milk Deliveries 2014/2015 ...................................................... 178
16.1.4 National Quotas and Milk Deliveries 2013/2014 ...................................................... 179
16.2 Intervention Prices ................................................................................................... 180
15.2.2.2.3 Destinations of EU Exports of WMP and Partly Skimmed Milk Powder ................... 156
16.2.1 Subsidies in Private Storage Arrangements ............................................................ 180
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16.2.2 Subsidies for Butter .................................................................................................. 181
16.2.3 Subsidies for Skim Milk and Skim Milk Powder ....................................................... 181
16.2.4 Export Refunds for Dairy Products .......................................................................... 182
16.3.1 EU-WTO Commitments Regarding Subsidised Exports .......................................... 183
16.3.2 EU-Exports of Milk Products by GATT-Categories .................................................. 183
17 World: Dairy Farming 17.1 Dairy Cow Numbers in Europe and other Countries ................................................ 185
17.2 Average Milk Yield per Cow ..................................................................................... 186
17.3 Production of Cow Milk ............................................................................................ 187
17.4 Deliveries of Milk to Dairies ...................................................................................... 188
17.4.1 Average Fat Content of Cow Milk Delivered to Dairies ............................................ 188
17.4.2 Average Protein Content of Cow Milk Delivered to Dairies ...................................... 189
17.5 Average Producer Milk Prices .................................................................................. 189
18 World: Liquid Milk 18.1 Per Capita Consumption of Liquid Milk, Cream and Yogurt .................................... 191
18.2 Production of Liquid Milk in Dairies .......................................................................... 192
18.3 Production of Cream ................................................................................................ 193
18.4 Production of Yogurt and Fermented Milk Products ................................................ 193
19 World: Butter
19.1 Per Capita Consumption of Butter ........................................................................... 195
19.2 Production of Butter in Dairies ................................................................................. 196
19.3 Imports of Butter ...................................................................................................... 197
19.4 Exports of Butter ...................................................................................................... 198
19.5 Butter Prices ............................................................................................................ 198
20 World: Cheese 20.1 Per Capita Consumption of Cheese ........................................................................ 199
20.2 Cheese Production .................................................................................................. 200
20.2.1 Cheese Production by Type ..................................................................................... 201
20.3 Imports of Cheese .................................................................................................... 202
20.4 Exports of Cheese ................................................................................................... 202
16.3.3 WTO Import Quotas and Tariffs ............................................................................... 184
20.5 Cheese Prices .......................................................................................................... 203
10 AMI Market Review Dairy 2016 | AMI-informiert.de
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21 World: Preserved Milk Products 21.1 Production of Condensed Milk ................................................................................. 205
21.1.1 Imports of Condensed Milk ...................................................................................... 205
21.1.2 Exports of Condensed Milk ...................................................................................... 206
21.2 Production of Whole Milk Powder and Semi-Skimmed Milk Powder ....................... 206
21.2.2 Exports of Whole Milk Powder and Semi-Skimmed Milk Powder ............................ 207
21.3 Production of Skim Milk Powder .............................................................................. 208
21.3.1 Imports of Skim Milk Powder .................................................................................... 209
21.3.2 Exports of Skim Milk Powder ................................................................................... 209
21.3.3 Imports of Milk Powder ............................................................................................. 210
21.4 Production of Whey Powder ..................................................................................... 211
21.4.1 Imports of Whey Powder .......................................................................................... 211
21.4.2 Exports of Whey Powder .......................................................................................... 212
21.5 Production of Lactose .............................................................................................. 212
21.5.1 Exports of Lactose ................................................................................................... 212
21.6 Production of Casein and Caseinates ...................................................................... 212
21.6.1 Exports of Casein and Caseinates ........................................................................... 213
21.6.2 Imports of Casein and Caseinates ........................................................................... 213
21.7 Prices of Preserved Milk Products ........................................................................... 213
22 Country Reports: European Union 22.1 Belgium .................................................................................................................... 215
22.2 Bulgaria .................................................................................................................... 216
22.3 Czech Republic ........................................................................................................ 217
22.4 Denmark ................................................................................................................... 218
22.5 Germany .................................................................................................................. 219
22.6 Estonia ..................................................................................................................... 220
22.7 Greece ..................................................................................................................... 221
22.8 Spain ........................................................................................................................ 222
22.9 France ...................................................................................................................... 223
22.10 Ireland ...................................................................................................................... 224
22.11 Italy ........................................................................................................................... 225
22.12 Croatia ...................................................................................................................... 226
22.13 Cyprus ...................................................................................................................... 227
21.2.1 Imports of Whole Milk Powder and Semi-Skimmed Milk Powder ............................ 207
AMI Market Review Dairy 2016 | AMI-informiert.de 11
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22.14 Latvia ....................................................................................................................... 228
22.15 Lithuania .................................................................................................................. 229
22.16 Luxembourg ............................................................................................................. 230
22.17 Hungary ................................................................................................................... 230
22.18 Malta ......................................................................................................................... 231
22.20 Austria ...................................................................................................................... 233
22.21 Poland ...................................................................................................................... 234
22.22 Portugal .................................................................................................................... 235
22.23 Romania ................................................................................................................... 236
22.24 Slovenia ................................................................................................................... 236
22.25 Slovakia ................................................................................................................... 237
22.26 Finland ..................................................................................................................... 238
22.27 Sweden .................................................................................................................... 239
22.28 United Kingdom ....................................................................................................... 240
23 Country Reports: Countries outside the EU 23.1 Norway ..................................................................................................................... 241
23.2 Turkey ...................................................................................................................... 242
23.3 Switzerland .............................................................................................................. 243
23.4 Russia ...................................................................................................................... 244
23.5 Belarus ..................................................................................................................... 245
23.6 Ukraine ..................................................................................................................... 246
23.7 Canada .................................................................................................................... 247
23.8 USA .......................................................................................................................... 248
23.9 Brazil ........................................................................................................................ 249
23.10 Argentina .................................................................................................................. 250
23.11 Australia ................................................................................................................... 251
23.12 New Zealand ............................................................................................................ 252
23.13 China ........................................................................................................................ 253
23.14 Japan ....................................................................................................................... 254
Index ........................................................................................................................ 255
22.19 Netherlands .............................................................................................................. 232
12 AMI Market Review Dairy 2016 | AMI-informiert.de
Note
Symbols x = provisonal
s = estimated
- = nothing or less than one unit
. = no data availabale or not availabale at deadline
0 = less than half the smallest unit used
* = note
Conversions 1 lb = 453,6 Grams
1 pint = 0,568 Liter
1 gallon = 4,546 Liter
1 l milk = 1,03 Kilogram
Abbreviations AE = Agra Europe, London BfAI = Federal Bureau of Foreign Trade, Cologne, Germany
BLE = Federal Agency of Agriculture and Food, Bonn, Germany
BMELV = Federal Ministry of Food, Agriculture and Consumer Protection, Bonn, Germany
EUROSTAT = Statistical Office of the European Union, Luxembourg FAO = Food and Agriculture Organization of the United Nations, Rom IDF = International Dairy Federation, Brusseles
UN = United Nations USDA = U.S. Department of Agriculture, Washington ZMB = Zentrale Milchmarkt Berichterstattung GmbH, Berlin
Page Advertisement 110 Dairygold Deutschland Handelsges. mbH
AMI Market Review Dairy 2016 | AMI-informiert.de 13
Commentary: Germany 1
No surprises on the German milk market after quota end In 2015, the supply of milk in Germany increased further, although less markedly than in previous years. Due to ample supply in neighboring European countries and persistent challenges on the world market last year, prices on the German milk market continued to face considerable pressu-re at all processing steps.
After an initial throttling, the supply of milk in Ger-many developed normally since the EU milk quota system ended in April. There was no sharp in-crease, as in other member states. Nevertheless, production expanded somewhat strongly in neighboring countries and had an impact on the German market. Abundant supply caused price declines in product markets, visible throughout the value chain, which did not halt before consumer or producer prices.
Final quota year even more expensive
Large milk deliveries from April 2014 to March 2015, the final year before the expiry of the quota, caused the situation in Germany to worsen. During this period, approximately 31.32 million tonnes of milk were produced and delivered to dairies by German producers nationwide. This was 2.0 % or around 599,800 tonnes more than in the previous period. The fat correction was much lower due to comparatively lower fat levels seen last year. At around 13,400 tonnes this was about 85 % less than in the previous year, which meant a fat-corrected milk delivery of 31.34 million tonnes, an increase of 1.7 % over the previous year for quota year 2014/15. After taking quota conversions into account German milk producers were left with a
national guaranteed amount of approximately 30.22 million tonnes for 2014/15. Since the na-tional guaranteed limit was not raised again for the final accounting period before the expiry of the milk quota, the last settlement bore the full impact of the volume of the surplus from the previous year. The quota limit was exceeded by 3.67 %, according to most recent data, which was the greatest surplus in recent decades. Following consolidation the surplus totaled around 1.11 million tonnes for dairy economic year 2014/15, bringing individual farm surpluses to nearly 1.4 million tonnes using a closing key of 21 %. The closing rate was considerably lower than in the previous year due to widespread and significantly greater surpluses. Super levies total-ing nearly 309 million euros were due only on the amounts remaining after the closing out. This meant a charge of 21.99 cents per kilo of surplus milk for producers.
Milk deliveries increased only slightly in 2015
Later growth in deliveries was moderate, however. The milk supply in Germany increased only slightly last year after the end of the quota and so went against the trend seen in other EU countries. Ap-proximately 31.5 million tonnes of raw milk were
Andreas Gorn
DAIRY 2016
DAIR
Y 20
16
AMI Market Review Dairy 2016
If you need to follow the dairy market in detail, you can receive all the important facts on the markets for milk and dairy products from one resource – the AMI Market Review Dairy 2016. For the sixth time AMI is publishing this comprehensive reference guide in English, which includes all key facts and assessments of the German, European and World Dairy markets. Therefore Market Review Dairy 2016 is a “must have” for your strategic decisions.
The Market Review Dairy 2016 gives a comprehensive overview of the main developments in the dairy market. A preliminary market analysis is followed by detailed summary tables which include long-term data on milk production and supply, production of dairy products, supply and consumption, prices, foreign trade and consumer’s demand in Germany, the European Union and selected countries outside the European Union.
AMI - Agrarmarkt Informations-Gesellschaft mbH Dreizehnmorgenweg 10�53175 Bonn (Germany)
Agrarmarkt Informations-Gesellschaft is the leading source for independent facts and news of the agribusiness.
Review
Facts for Decisions.