meta IFCN publishes 2019 dairy report | The Bullvine

IFCN publishes 2019 dairy report

The report covers 120 country profiles, which represent 98% of the total global milk production, and provides comparable, standardized data on development, trends and drivers of the last 20 years.

The report includes information on: farm comparison and farm economics, sustainability of farms, monitoring of global dairy economic indicators, status, and trends and drivers of milk production.

The 20th anniversary edition of the IFCN Dairy Report presents data and analysis from 176 typical farm types in 54 countries. It explains the development, trends and drivers of the last 20 years and gives a glimpse into milk production developments by region.

Globally, there are 116m farms with an average of 3.2 cows, but IFCN identifies a deep structural change that is often underestimated in terms of its speed. Since dairy farm structure dynamics drive milk supply, the report allows those in the dairy value chain to anticipate future developments.

India and Pakistan together with Western Europe accounted for 47% of milk production in 2018. Dynamics differed widely by region and IFCN observed that strong regions grew and weak regions declined by 3-5% every year between 2013 and 2018.

In 2019, researchers from more than 100 countries and more than 140 agribusiness companies are members of the global IFCN network. IFCN serves its members with annual conferences, data, tools and market intelligence.

Source: dairyreporter.com

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