While European milk production is now at its lowest ebb in the winter months, milk supply from countries in the southern hemisphere is moving through the months of peak production with the seasons reversed.In New Zealand, farmers have enjoyed some decent weather in the spring months and early milk supply has been in growth mode this year. For October, which is the month for peak milk supply in New Zealand, milk production stood at 3.1bn litres, which was up almost 1% year on year.