4th IFCN Dairy Forum
Visions for winning strategies in developing dairy markets
Wednesday, 29th of November 2023, 13:30-15:30 CET | Live online event
Registration is closed
IFCN Combined World Milk Price Indicator
status: October 2023
IFCN World Dairy Map 2023 is aimed equally at dairy analysts – juniors and seniors, students and professors, milk experts and amateurs.
Data isn’t merely about numbers; it’s a wellspring of growth, innovation, and the security of dairy farming’s future. It’s a testament to the remarkable possibilities at the intersection of technology and agriculture, guiding us towards a brighter, more productive dairy industry.
Building on IFCN’s project work in developing markets, we would like to bridge the big picture of the dairy market with the realities on the ground. With the IFCN Dairy Forum, we would like to open the topic to the public and expand the discussion. We are looking to answer questions like: What can successful dairy strategies look like? How can feasibility and progress be defined and how will it be measured?
In terms of global milk production, 2022 brought an extraordinarily low milk supply growth of 0.8%. Major driver for this was a declining supply in exporter regions like EU-27 and New Zealand but also a comparatively moderate growth of the Indian dairy sector.
The last year was characterised by extremes, on the one hand side record high milk prices almost all around the world, and on the other side, high production costs especially triggered by the extraordinary prices for energy, fertiliser, and feed.
IFCN Dairy Data
Dairy sector analysis
National and global analysis of milk production, consumption, trade and the related drivers
Milk price analysis
Global dairy commodity prices, local farm gate milk prices and price transmission schemes
Dairy chain analysis
Analyzing the dairy value chain from the farmer through the consumer with a key focus is on the margins in the chain
Dairy policy analysis
As policy is one of the key drivers in the dairy sector the IFCN has a set of tools to quantify the impacts of different policies
IFCN Farm Analysis
Analysis of the cost of milk production: worldwide comparison of micro-economic results such as cost of milk production, returns, profitability and productivities of dairy farms and the drivers behind them
Sustainability of milk production
Tools to evaluate the sustainability of dairy farming systems, which also covers social and environmental indicators such as greenhouse gas emissions by different farm types
Dairy farm structure analysis
Monitoring dairy farm numbers and farm size developments