The winter in New Zealand has started and this is also reflected in the milk production which reached the seasonal low in June. The supply that month was also the lowest since 2019. In Australia, milk production is ahead of last year.
In the past months, milk supply in New Zealand has been significantly behind, with a decrease of over 6% in May compared to the same period last year. In June, a shrinkage of 1.1% is visible to 228,000 tons. This is the lowest seasonal low since 2019. Normally, production will pick up in the coming months to peak in October and November.
Australia
'Neighbor' Australia has a similar seasonal pattern. The most recent supply figures go back to May when production was 645.1 million liters, an increase of over 3% compared to the same month in 2023. Throughout the year, production is ahead of previous years. This is mainly due to the relatively good availability of water. In addition, local analysts indicate that the more favorable prices for animal feed and fertilizers play a role in this.