Dairy Market Note 2/18 February 2022
The preliminary production for January 2022 (280 million litres) indicates a growth of 1,7% when compared to the January 2021 (275 million litres) production. The perspective is that the January 2021 production of unprocessed milk decreased with 4,8% when compared to January 2020 (289 million litres).
Note: the supply for January 2022 is 9 million litres less than in January 2020. More or less one day supply without taking into account any demand growth factor.
Bertus van Heerden
Chief economist, MPO
Published on Friday, 18th February 2022 - 12:07
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