Released May 27, 2022 | NEW DELHI
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Milk production is expected to drop this year in New Zealand, according to the Foreign Agricultural Service of the U.S. Department of Agriculture (USDA).
Expected liquid milk production has been revised down to 21.8 million metric tons, according to the agricultural service, which if realized would be the lowest annual level since 2017, and 1% below the revised 2021 number.
Also, the continued shrinkage of herd sizes is contributing to the situation, with the Foreign Agricultural Service estimating the total herd at 4,875,000 head, versus 4,904,000 last year.
Other reasons for the drop in milk production include continued dry conditions in milk-producing zones, elevated feed costs and an ongoing labor shortage.
Industrial Info is tracking 81 dairy-related plants in New Zealand. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Plant Database can click here for a list of detailed plant profiles.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
Expected liquid milk production has been revised down to 21.8 million metric tons, according to the agricultural service, which if realized would be the lowest annual level since 2017, and 1% below the revised 2021 number.
Also, the continued shrinkage of herd sizes is contributing to the situation, with the Foreign Agricultural Service estimating the total herd at 4,875,000 head, versus 4,904,000 last year.
Other reasons for the drop in milk production include continued dry conditions in milk-producing zones, elevated feed costs and an ongoing labor shortage.
Industrial Info is tracking 81 dairy-related plants in New Zealand. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Plant Database can click here for a list of detailed plant profiles.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
