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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...

 
Fonterra revised its 2018/19 forecast Farmgate Milk Price

Lingering drought in Australia limits milk production, which was -3.6% in August 2018 y-o-y. Milkfat and protein content are also lower. Milk Producers, faced with higher prices for feed and less water availability, are reducing the herd sizes by 25% (the typical annual culling involved about 20% of herd sizes). New Zealan...

 
Climate change: Agriculture Bill must encourage sustainability, groups say

The Government has been urged to use the Agriculture Bill to drive a transition towards sustainable farming practices following a stern warning by world scientists on the health of the planet. A new UN report urges Governments worldwide to increase their action on the climate crisis within the next twelve years, or face devastating conseq...

 

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