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Production fell from 21.5m tonnes 2015/16 to just over 21.3m tonnes in 2016/2017, a fall of 200,000t.
November and December showed the biggest fall in production, with a 3% drop in both months. Overall, every month except June 2016 saw a decrease in production, with this month only equal that of June 2015.
The season closed in June.
US
In the US, dairy exports were up 34% to $509m (€447.9m) from May 2016.
US dairy exports accounted for 14.7% of US milk production in May. Imports were equivalent to 3.1% of US milk production.
May milk production in the US also increased.
Australia
Australian milk production fell almost 8% since this time 12 months ago. 2016/17 figures show a fall of 700,000t over the year-long period until season end.
Every month of the year saw a decrease of more than 7% in production, with July and October of 2016 showing a decrease of over 10% respectively.
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