date:Jul 08, 2013
tral EU and the low forage harvest in some of the main EU producers led to a lower milk production in the first months of the year.
The tight supply is not limited to the EU and world dairy commodities prices are very high driven also by a strong world demand.
A slow recovery started in May and milk production in 2013 should catch up with last year's level at 151.8 million tonnes.
This prospect is supported by improved margins expected for the second semester as a result of higher milk prices