US Department of Agriculture’s Foreign Agricultural Service

The US Department of Agriculture’s Foreign Agricultural Service (USDA FAS) is a key organization in providing detailed forecasts and comprehensive reports on agricultural trends worldwide, with a specific emphasis on the dairy industry.

Important Company Events

One of the recent significant forecasts by the USDA FAS pertains to the European Union’s milk deliveries. The service has projected that EU all milk deliveries will reach 152.8 million metric tons by 2026, marking a 0.1% increase over the previous year, 2025. This projection is crucial for stakeholders in the dairy market as it aids in planning and understanding future demands and trends.

In addition, the USDA FAS has reported on Australian milk production. It is projected that Australia's milk production will grow by 1.4% to reach 8.6 million metric tons in 2026. This insight provides valuable information for understanding the dynamics of the dairy market in Australia and its potential impacts globally.

The service has also reported the release of China’s national food-safety standard GB31668-2026, which pertains to milk proteins used in the food industry. This standard is significant for ensuring food safety and quality in dairy products.

Furthermore, the USDA FAS forecasts India’s cattle inventory and noted that slaughter in 2026 was higher than previously estimated. The agency forecasts that the herd will end 2027 at 306.5 million head, providing insights into the cattle market dynamics in India.