No EU milk production recovery in 2023 - report

 With the further expected decline of EU milk deliveries, milk fat and protein availability will continue declining, even more if certain nutrients are not provided due to the lack of their availability or not being in a satisfactory amount in the feed. Therefore, it is expected that milk fat content could drop by 0.8% while milk protein content even more (1%).

In 2023, especially the start of the year could remain challenging for many farmers when providing feed and coping with high input costs, in addition to potentially weaker consumer demand following rising food inflation. However, assuming normal weather conditions, it is expected that the yield growth could be slightly higher (+0.6%). This could to some extent compensate for further dairy herd reduction (-0.8%) which seems to be a pattern now, following structural changes in some EU countries. As a result, EU milk collection could drop by 0.2% next year.