Global milk deliveries

Updated 12 February 2026

Trends in global milk supplies impact on prices. Deliveries in the six key exporting regions are tracked to provide an overview of current production levels and trends in global milk supplies.

The milk production regions included are:

• EU-27
• UK
• Argentina
• Australia
• New Zealand
• USA

Combined, they account for more than 65% of global cow's milk production and around 80% of global exports of dairy products.

• Global milk deliveries averaged 856.5 million litres per day in November, an increase of 36.2 million litres per day (+4.4%) across the selected regions, compared to the same period in the previous year

• Milk deliveries in the EU averaged 377.1 million litres per day in November, a substantial increase of 17.8 million litres per day (+4.9%) compared to the same month of the previous year, and the strongest November on record. Low input prices, good forage quality and elevated milk prices for most of the year boosted volumes

• Looking at the EU figure in greater detail, we saw the greatest year on year volume increase from Germany, up 180 million litres (+7.5%) for the month of November, followed by France, up 112.3 million litres (+6.3%), and the Netherlands, up 75.6 million litres (+7.3%)

• UK daily deliveries averaged 42.9 million litres per day in November, up 5.3% year-on-year. Milk flows reached new highs amid favourable dairy economics and increased usage of concentrate feeds

• US production was up 11.9 million litres per day (+4.5%) year-on-year, with production averaging 276 million litres per day in November. Disease recovery, increasing herd size, yields and improved margins have been drivers of growth

• Australia recorded a decrease in production year-on-year, with deliveries down by 0.6 million litres per day (-2.2%) compared to last year, to sit at an average of 28.3 million litres per day

• New Zealand deliveries were up by 2.2 million litres per day (+2.4%) year-on-year with November average daily deliveries at 95.4 million litres per day. Farmer confidence was supported by firm milk prices and favourable weather conditions which increased milk flows

• Argentina’s deliveries continued to grow, up by 2.8 million litres per day (+8.1%) in November, year-on-year. Dairy industry investment, favourable weather conditions and good dairy producer economics drove higher productivity

Figure 1. Annual change in average daily milk deliveries

This bar chart shows the annual change in average milk deliveries in million litres per day by month for the past two years. Blue = Argentina, dark blue = Australia, green = EU, brown = UK, grey = New Zealand, dark green = USA. The blue line shows the total for the selected regions.

Figure 2. Global milk deliveries and tracker (average daily production)

This line graph show global milk deliveries in million litres per day over a 12-month period. Blue line = 2023, green line = 2024, orange line = 2025, dotted line = 2025 tracker.

• The tracker is a baseline for comparing against actual production, not a forecast of milk production
• The baseline is calculated using historical month-on-month movements in milk production, providing information on a typical milk year in each of the key regions