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Dairy prices decreased

Much of Australia has been hot and dry. Only scattered areas received some rain last week. In Northern Australia, new season hay is limited. This has led to hay from southern areas moving north to meet demand. High feed costs are of increasing concern among dairy producers and herd culling is possible to reduce the need to purchase feed. A number of lawsuits concerning rights to groundwater have been working their way. Some farmers situated above natural aquifers have been limited as to how much water can be&n...

 
SMP competitive prices push EU and US exports higher

The European Union dairy export, in September 2018, showed a decrease both in quantity (-0.4%) and in value (-2.6%) compared to September 2017. Considering the export of dairy products, the average milk value is 39.25 €/100 kg. Cheese export is steady: +0.7% in quantity and +1% in value. In the Fresh Cheese sector, a decrease of 4% was recorded with lower exports to Switzerland and South ko...

 
Oceania is near peak seasonal production

In Australia, spring is moving closer. There was little rain in most of the country during the last two weeks. Hay from the new season is reaching the market and this is welcome to many dairy producers who have low carryover stocks. Feed grain prices remain at high levels in much of Australia. Milk production in Australia, in the first three months of the 2018−19 season, recorded -3.3% compared to July-September 2017. The content of fat and protein was also lo...

 
An excess of milk without a processing destination

Milk production continues to increase in South America. At this point, there is an excess of milk without a processing destination, since some manufacturing plants are closing, while others are in transition of ownership and/or in the process of restructuration. Many dairy farmers continue struggling with economic issues as operational costs remain high and farm gate prices are relatively low. Demand for milk caramel, yogurt, and cheese is strong...

 
Butter sales boost prices upward

September 2018 New Zealand milk production was +6% from September 2017. The cumulative June-September increase, first quarter of the 2018−19 dairy season, was +5.8%. In Oceania, recent Butter sales have been robust, leaving lower supplies available. That has boosted prices upward. EU pricing is also pulling Oceania prices up. WMP prices are stead...

 
Milk prices monitoring. October

Purchase prices for milk increased by 4% over the month, but still remain lower than last year. This was reported by analyst of Association of Milk Producers of Ukraine (AMP) Yana Muzychenko. The prolonged decrease of export prices for dairy products in the world...

 
The higher milk production weighs on farmgate prices

Farm milk production is robust in South America. Weather experts stated that, compared to a few years ago, the effects of el Niño are expected to be much less aggressive for the rest of the spring and summer seasons. In this way, milk production is anticipated to continue growing along with the typical seasonal patterns. Due to a higher milk supply across the continent, farm gate prices decreased, resulting in lower milk-feed ratios for several dairy farm operations. Furthermore, many dairy farmers are...

 
GDT index falls for the fifth consecutive time

The Global Dairy Trade (GDT) Price Index has dropped for the fifth consecutive time, falling by 0.3% at the latest GDT auction — event 222. Lasting for almost two hours and 20 minutes, there was a total of 137 winning bidders across 15 bidding rounds in the latest auction. In the previous auction at the beginni...

 
Do Cows Need Beauty Rest Too?

Sleep may very well be important for cow health, early US research suggests. According to an article from the William H. Miner Agricultural Research Institute, early lactating cows might require more sleep than dry animals, although much more work is needed to&n...

 

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