News

 

 
WMP and SMP exports up for New Zealand and Australia

This is the time of year with seasonally lower milk production in Australia. It offers an opportunity for easier plant maintenance and repairs without interfering with milk flows. Winter is setting in and substantial rain has recently fallen in Australia. While the rainfall is welcome in bringing moisture to dry soil, the persistent rain is no...

 
Temperatures and milk prices inspire Argentinian farmers to produce more

Temperatures dropped in Argentina, increasing the comfort of cows, and farmgate milk prices remain relatively high, inspiring farmers to produce more: milk deliveries in April 2018 have been +9.11% higher than April 2017 and +11.33% higher than April 2016. It is reported that large milk producers with the capacity of economies of scale continue acquiring sma...

 
Exports of cheese products on decline

Ukrainian cheese makers, especially those producing cheese products have the reason to worry. The schemes for exporting cheese products are collapsing and selling the products by another schemes is unprofitable because of the very low price. Therefore, production of the cheese products will have reduced, and the excess milk redirected to the low-cost drying. At the same time, manufacturers of cheeses do not fee...

 
ACCC calls for regulatory reform to assist dairy farmers

The ACCC has released the final report arising from its dairy inquiry, which includes our key recommendation that a mandatory code of conduct be implemented to improve contracting practices between dairy processors and farmers. The inquiry was initiated by Treasurer Scott Morrison, in response to large and retrospective reductions in milk prices imposed by two major dairy processors in April 201...

 
Volatile milk prices in south America

As the Southern Hemisphere’s winter approaches, milk production trends in South America are mixed with output recovering in some of the continent’s milk-production regions and declining in others. The current milk production trends, which are expected to persist over the short term, face various risks longer term, says Monica Ganley, principal of Quar...

 
Purchase prices for milk continue to fall

Despite the improvement of the world market, purchase prices for milk continue to fall. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. The average price for Extra Grade milk in May was 8.89 UAH/kg, which is ...

 
Fonterra increased its farmgate milk price

April 2018 milk production in Australia is +4.5% from April 2017. July 2017-April 2018 milk production is +3.5% over one year earlier. A study on the performance of the Australian dairy industry, conducted by the ACCC (Australian Competition & Consumer Commission), revealed imbalances at each level of&nbs...

 
EU export slowing down in the first quarter 2018

EU—28 exports slow down in March 2018, although the balance for the first quarter of 2018 is positive compared to the same period of the previous year. The growth of EU dairy exports in Milk Equivalent (ME) is +1.5%, the least exciting performance since 2015, comparing the same period year—over—year. The volumes of dairy products exported from January to March 2018 increased by 2.5%, with good results for infant milk formula (+21.9%), cheese (+1.3%), SMP (+8.1%), butter (+13%) and w...

 
Butter and cheese inventories continue to climb

The USDA released their monthly cold storage report on Tuesday. For the month of April, butter and cheese inventories continued to climb. Total natural cheese on April 30th, 2018, was reported at 1.346 billion lbs., up 2% from March and 3% above year ago levels. Butter stocks totaled 307 million lbs. 12% above March levels and 5% ahead of last year. Total beef in...

 

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