Related items
Showing items related by metadata.
-
Journal, magazine, bulletinHigh-profileDairy Market Review - Overview of global dairy market developments in 2018
mrt/19
2019Also available in:
No results found.Global milk output in 2018 is estimated at 842 million tonnes, an increase of 2.2 percent from 2017, driven by production expansions in India, Turkey, the EU, Pakistan, the United States and Argentina, but partially offset by declines in China and Ukraine, among few others. This increase has come about as a result of higher dairy herd numbers along with improvements to milk collection processes (India and Pakistan), efficiency improvements in integrated dairy production systems (Turkey), increased yield per cow (the EU and the United States) and enhanced utilization of idle capacity and higher demand from the processing sector and imports (Argentina). Milk output declines largely stemmed from industrial restructuring processes and downscaling of small-scale farms (China) and reduced producer margins and farm gate prices (Ukraine). Across the regions, Asia registered the highest milk output expansion by volume in 2018, followed Europe, North America. Milk output expanded in all other regions too, but by smaller volumes. World exports of dairy products expanded to 75 million tonnes (in milk equivalents), an increase of 2.1 million tonnes, or 2.9 percent from 2017, principally coming from the United States and Argentina, but also India, Uruguay, and Mexico. By contrast, exports declined in a number of countries, in particular in the Islamic Republic of Iran. Across the main dairy products, in 2018, SMP registered the highest export expansion (+8.6 percent), followed by butter (+7.5 percent), WMP (+1.7 percent) and cheese (+0.8 percent). As for milk powders, consisting of SMP and WMP, export availabilities were abundant from almost all major international suppliers. Large stocks of SMP, held by the EU, the United States and India, also contributed to elevate global supply availabilities. EU SMP stocks, given their age, were mostly considered less suitable for human consumption. In addition to immediate human consumption in the form of milk, powders were also in high demand from food processors and manufacturers, boosting import demand from some countries such as Mexico. Although butter exports for the whole year expanded, supplies were relatively limited in the first six months. Global supplies rose only when supplies from Oceania began entering the global markets, starting from about July, when its milk production season was in full swing. Butter import demand nevertheless was robust, especially from Asia, as urbanization, rising income and changing food habits made butter demand less price sensitive. Cheese exports expanded at a slower pace in 2018, compared to that of 2017, reflecting import cutbacks of many importers, including Australia and the United States. A robust market, however, existed for high value cheese products, boosted by rising consumer demand for specialized cheese varieties, also with geographic labelling. International dairy prices in 2018, measured by the FAO Dairy Price Index, declined by 4.6 percent compared to that of 2017, reflecting declines in prices of all dairy products represented in the Index, with the highest fall registered for SMP (-5.6 percent), followed by cheese (-5.2 percent), butter (- 4.4 percent) and WMP (-2.9 percent). The global supply-demand balances of each commodity, induced by factors discussed above, are compatible with these price movements. An additional factor that is noteworthy of mentioning on international dairy prices was the significant differentials that existed between the EU and Oceania on butter, WMP and SMP prices. Prices for butter and WMP in the EU hovered at higher levels than for Oceania, and that prices of SMP from Oceania were higher than those from the EU. Market segmentation, associated consumer preferences, reflecting geographical proximity to markets, was thought to be behind the observed price differentials across the two regions. -
Journal, magazine, bulletinBulletinDairy Market Review - Overview of global dairy market developments in 2019 2020
Also available in:
No results found.This publication provides an update on production, trade and price movements of milk, and milk products (butter, cheese, skim milk powder and whole milk powder). It aims to provide a clear snapshot view of key changes and underlying determinants of world dairy markets. It is the only publication that covers dairy market developments in the entire world that is also updated regularly; it supports the division’s objective in providing market information relevant for policy makers, helping them in the process to take data-based policy decisions. • Average dairy prices rebounded in 2019 following a fall in 2018. • Skim milk powder (SMP) prices rose the most, followed by cheese and whole milk powder (WMP), but butter prices declined. • Global milk production expanded, led by Asia, but Oceania’s output fell slightly. • Global dairy exports (milk equivalents) expanded, albeit moderately, with sustained growth in Europe and Oceania. Across dairy products, shipments of cheese, WMP and butter rose the most, but SMP sales declined. -
Journal, magazine, bulletinBulletinDairy Market Review - Overview of global dairy market developments in 2020, April 2021 2021
Also available in:
No results found.Dairy Market Review: Overview of global dairy market developments in 2020, April 2021 The Dairy Market Review, April 2021 issue presents an overview of global dairy market developments in 2020, including trends in international milk product prices, world milk production and international trade in milk products. International dairy prices declined in 2020, mainly reflecting reduced import demand due to widespread economic downturns in importing countries. High export availabilities in exporting countries, caused by reduced internal sales and increased processing of less labour-intensive milk products, especially milk powders, also weighed on global milk prices. Despite many challenges to production due to the COVID-19 health crisis, world milk output rose in 2020, driven by increases in nearly all major regions. International trade in milk products also increased, driven by increased imports by a few countries in Asia and the Middle East.
Users also downloaded
Showing related downloaded files
-
Book (stand-alone)Technical bookThe future of food and agriculture - Trends and challenges 2017
Also available in:
No results found.What will be needed to realize the vision of a world free from hunger and malnutrition? After shedding light on the nature of the challenges that agriculture and food systems are facing now and throughout the 21st century, the study provides insights into what is at stake and what needs to be done. “Business as usual” is not an option. Major transformations in agricultural systems, rural economies, and natural resources management are necessary. The present study was undertaken for the quadrennial review of FAO’s strategic framework and for the preparation of the Organization Medium-Term plan 2018-2021. -
DocumentOther documentReducing inequalities for food security and nutrition
A report by the High Level Panel of Experts on Food Security and Nutrition
2023The report “Reducing inequalities for food security and nutrition” has been developed by the High Level Panel of Experts on Food Security and Nutrition (HLPE-FSN) following the request by the United Nations Committee on World Food Security (CFS) as included in its Programme of Work (MYPoW 2020-2023). In particular, the CFS requested the HLPE-FSN to develop a report to: (i) analyse evidence relating to how inequalities in access to assets (particularly land, other natural resources and finance) and in incomes within food systems impede opportunities for many actors to overcome food insecurity and malnutrition; (ii) analyse the drivers of inequalities and provide recommendations on entry points to address these; and (iii) identify areas requiring further research and data collection. This report will inform the ensuing CFS thematic workstream on inequalities, aiming at addressing the root causes of food insecurity with a focus on those “most affected by hunger and malnutrition”. -
Book (stand-alone)Technical bookClimate change and food security: risks and responses 2015
Also available in:
End hunger, achieve food security and improve nutrition are at the heart of the sustainable development goals. The World has committed to eradicate extreme poverty and hunger by 2030. But climate change is undermining the livelihoods and food security of the rural poor, who constitute almost 80 percent of the world’s poor. The effects of climate change on our ecosystems are already severe and widespread. Climate change brings a cascade of impacts from agroecosystems to livelihoods. Climate change impacts directly agroecosystems, which in turn has a potential impact on agricultural production, which drives economic and social impacts, which impact livelihoods. In other words, impacts translate from climate to the environment, to the productive sphere, to economic and social dimensions. Therefore, ensuring food security in the face of climate change is among the most daunting challenges facing humankind. Action is urgently needed now to reduce vulnerability and increase resilience of food systems to ensure food security and good nutrition for all.