Futures market points to rise in WMP prices at tomorrow’s Global Dairy Trade June 14, 2016 Dairy The latest Global Dairy Trade whole milk powder (WMP) futures prices from New Zealand bank ASB points to a rise in WMP prices…
Global Dairy Trade posts second consecutive rise April 19, 2016 Dairy Dairy product prices rose 3.8% in the latest Global Dairy Trade auction, the first time this year the auction has posted consecutive positive…
Fonterra predicts a lift in dairy prices later this year March 23, 2016 Dairy Fonterra has said that it expects dairy prices to pick up at the end of the year as it posted interim results with…
New Zealand wades in to blame European farming supports for poor dairy prices February 27, 2016 Dairy New Zealand has waded into the war of words over who or what is to blame for low dairy prices. Last week Dairy…
Global dairy markets expected to turn for the better, late in 2016 – Arla February 18, 2016 Agri-Business Global dairy markets are expected to remain unpredictable and tough in 2016, but a turn for the better is anticipated towards the end…
Arla cuts milk price as ‘supply and demand remains out of balance’ January 24, 2016 Dairy Arla Foods has cut its price for February supplies of milk in the UK by 0.8p/L, bringing the UK standard litre to 21.81p/L…
Low oil prices – good for the diesel tank but not milk tank January 20, 2016 Dairy One would imagine that the slump in world low oil prices in recent months should be warmly welcomed by farmers. However, the development is…
What will define a recovery in global dairy markets? January 10, 2016 Dairy Global dairy markets might not see a full recovery until 2017, according to Alan Levitt of the US Dairy Export Council. He said that…
New Zealand dairy farmers hopeful of market conditions improving in 2016 January 8, 2016 Dairy Dairy farmers in New Zealand are more confident than their beef and sheep counterparts of market conditions improving in 2016. Many New Zealand…
Glanbia launches fixed milk and feed price scheme for suppliers November 4, 2015 Dairy Glanbia Ingredients Ireland (GII) has launched a new Fixed Milk and Feed Price Scheme with a base of 30.25c/L (including VAT) at reference…
Glanbia’s ingredients business reports 14% revenue decline November 4, 2015 Agri-Business Glanbia’s Global Ingredients (GI) recorded a revenue decline in the first nine months of 2015 of 14.3%, according to the Groups interim management…
European dairy farming has challenges, not a crisis – Hogan August 27, 2015 EU European dairy farmers are not in a ‘crisis’ but the sector has challenges, the European Commissioner for Agriculture Phil Hogan has said. Speaking…
New Zealand (not Ireland) worst hit by dairy downturn – Rabobank August 21, 2015 Dairy A new report by Rabobank says a combination of factors have conspired to see New Zealand prices hit far harder by the dairy…
Why did the dairy downturn happen? And why did no one predict it? August 20, 2015 Dairy It is impossible to identify a single causative factor for the fall in world dairy prices, but instead the collapse in the market…
‘Dairy farmers must be ‘brutal’ when cutting costs’ August 19, 2015 Dairy Dairy farmers must know their costs, particularly during a difficult price period and be prepared to make ‘brutal’ cuts for the benefit of…
Some good dairy news at last – signs of market rebound next week August 14, 2015 Dairy This week dairy futures prices have surged off their lows, according to New Zealand bank ASB’s Rural Economist, Nathan Penny. He says the…
9 out of 10 Kiwi dairy farmers to take on extra debt this year August 10, 2015 Dairy Fonterra’s announcement that its 2015-16 Forecast Farmgate Milk Price is reducing from $5.25 to $3.85 means a further reduction of $150,000 for the average…
‘Dairy pickup is on the horizon, but it’s too early to say when’ August 10, 2015 Dairy While the immediate prospects for the dairy industry are not favourable, the medium and long-term prospects for the industry are good, according to…
