News

As autumn begins, hopes of Ukrainian cheese producers for improving their business have somewhat strengthened. They have already got more orders from distributors and networks for sales in the domestic market. The troubles with supply of cheese products have also been more or less settled. In such conditions, producers are cancelling mass cheese sales actions and in September some of them will try to sligntly raise prices. Even the export prices for cheese products r...

Australian milk production for July 2018 was -4.2% on the same time last year. Recent extremely dry conditions have affected some dairy areas. In other areas not affected by dryness, hay is difficult to source and is increasingly expensive. The previous...

Reduction of milk supply for processors due to seasonality and dry weather has affected the growth of milk purchase prices. In addition, severization of requirements for the quality parameters of milk for processing affects the gap increase between the price for Extra Grade milk and other grades. This was...

China has agreed to accept imports of British dairy products made with milk from third countries in a deal that is estimated to generate 240 million pounds ($310 million) for the UK economy over 5 years. And China's developing taste for potatoes will soon be fueled by British produce, after an agreement was signed that allows the UK to export seed potatoes to China fo...

Tuesday's Global Dairy Trade (GDT) event concluded with the price index down 3.6%. Just over 32,000 t of dairy commodities were sold at the GDT auction on Tuesday to 126 winning bidders. However, the price index fell 3.6% on the last auction, bringing the av...

In the first half of 2018 the Republic of Belarus sharply reduced the export of dairy products to the Russian Federation. This follows from the report of the National Statistic Committee of Belarus (Belstat). The main reason for the decline in exports was the decline in the supply of condensed milk and milk powder to Russia. At the same time, as it became known, the suppl...

Profitability of dairy business in the UkrLandFarming agricultural holding reaches 20%. This was told by Galina Kovtok, the operations director of the agricultural holding, in an interview with Latifundist.com. «The figures differ from farm to farm. Prof...

World milk output in 2018 is forecast to increase, with expected higher yields and stable-to-rising dairy herd numbers, supported by favourable weather and improved producer margins. This is according to the July Food Outlook, published by FAO. The FAO also forecasts that global trade in milk products is foreseen to rise this year, underpinned by ...

Milk production has been variable in South America, mainly driven by mixed climate conditions, but still suitable to meet most manufacturing needs. Market conditions in Argentina are reported as steadily improving, and new export opportunities are emerging. For instance, Argentina exported milk caramel (dulce de leche) to Japa...

Australia is at the beginning of the seasonal dairy manufacturing and trading activity. The 2017−18 season ended with a production +3.1% higher than the previous year. In New Zealand the market is quiet, both for the 3-week break in GDT event schedule (from July 17 to August 7) and for the low seasonal milk production. WMP market is almos...