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Brexit could Create Problems for EU Dairy Producers

The European Union could soon cut subsidies to dairy farmers, and the blame is being put squarely on the back of the United Kingdom and its pending exit from the trading bloc. Due to higher labor costs and stricter environmental regulations in Europe compared to those in the United States, EU dairy producers have a higher cost of production, a...

 
Milk production in dairy farms to grow, population shrinks production

According to the State Service of Statistics of Ukraine for 4 months of the current year milk production in Ukraine amounted to 2.8 million tons, which is 1.1% less than in the same period of 2017. The dynamics of changes in categories of producers is opposite, but symmetrical: production in farms has grown by 3.2%, production in rural households has declined b...

 
Tight milk and butter supplies in New Zealand

Australia is nearing the end of the milk season, recording in March 2018 an increase by +2.5% from March 2017. July 2017—March 2018 milk production was +3.4% over one year earlier. In Victoria, the most productive region accounting for 64.8% of Australian milk production, milk production increased by 3.8% over the same period a year ago. Demand for hay in Northern Australia is higher, due to seasonally cooler temperatures. New season hay is being snapped up from milk producers from New South Wales and Victoria...

 
GDT receives slight boost in latest auction

The latest Global Dairy Trade (GDT) auction — Event 212 — concluded with the GDT Price Index up 1.9%. Lasting just a minute over two hours, a total of 14 bidding rounds took place, involving 165 participating bidders — of which 111 landed winning bids. Interestingly,...

 
Milk prices monitoring. April

Purchase prices for milk under the pressure of seasonal production growth are constantly falling. Even despite the positive trends on the world market. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. According to the results of April, the average price for milk was 9.12...

 
Beef price ball back in the farmers' court

After battling to hold base quotes over recent weeks, beef buyers have finally relented and are now offering stronger quotes. Where negotiations were starting at 405c/kg for steers last week, quotes have increased upward by 5c/kg and most plants are now on a base price of 410c/kg; some steer deals ar...

 
Russia and Belarus have agreed on the balances for milk

This was stated by Head of the Main Department of foreign economic activities of the Ministry of agriculture and food of the Republic of Belarus Alexey Bogdanov on the official page in Facebook. Earlier it was reported that the Federal Agrarian Department of Russia proposes to establish quotas for the supply of milk powder from Belarus to Russia in the amount of&...

 
U.S. dairy exports hit a record in March

In March, the US dairy export continues, supported by increasing prices for milk, cheese, milk powders, butter and cream. Also the US dollar getting weaker against the Euro makes US products more competitive on the international market. The balance sheet for the first quarter of 2018 shows US dairy exports growing by 16.5% in quantity and 3.9% in value, compared to the same period in 2017. Thanks...

 
Food Prices Hold Steady in April

GLOBAL — The FAO Food Price Index remained broadly steady in April, averaging 173.5 points for the month, a tiny notch up from March and 2.7 per cent higher than in the same month of 2017. Prices of cereals and dairy products continued their recent rising trend, while those of sugar continued their decline, FAO reports. FAO also released its first forecasts for the 2018/19...

 

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