European milk production continues to edge lower as the season winds downs. Reports indicate that overall milk production appears to be heavier than last year at this time.
Handlers attribute the stronger finish to the season.
First, clearance of cull cows to slaughter are lighter than in past seasons. Some feel that with the recent animal health issues in Europe, producers are holding onto healthy animals longer than usual even though the cow might not be as profitable. Second, weather conditions during the whole production season have been more favorable than in years past. The stronger than anticipated finish to the season is not having a totally positive impact on market conditions. Stocks of manufactured dairy product in Western Europe are adequate to fill internal needs with some additional for potential buyer interest.