News

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...

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...

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 ...

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...

Over 100 food and farming organisations have called on the government to achieve four principles to ensure a smooth Brexit for the industry. Leaders from across the nation's food supply chain have put their names to a manifesto setting out the key principles that can help ensure Brexit is a success for the supply of...

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...

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...

In May Ukrainian producers of fresh dairy products increased sales keeping high prices. Some of them took advantage of the increased demand and managed to raise prices. Now fresh milk products in cheap packaging are sold by key dairies mainly at the following prices: milk 2,5%, film — 18—19,0 ​​UAH/l kefir 2,5%, film &mdas...

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...

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...