New Zealand: Dairy and Products Annual
Link to report:
New Zealand’s milk production in 2021 is forecast at 22 million metric tons (MMT), down slightly from the record volume now estimated for 2020 (22.19 MMT). This is a result of marginally lower dairy cow numbers and based on expectations of a return to more typical milk yields during the second half of the year. Recovery from the North Island-wide drought that persisted for most of the first half of 2020 has been exceptional. Dairy processors continue to diversify milk away from the main commodities and towards fresh cheeses, infant milk formula, as well as develop new consumer offerings for staples such as butter and cheese.
