News

 

 
Purchase prices for milk continue to fall

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 ...

 
Fonterra increased its farmgate milk price

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...

 
EU export slowing down in the first quarter 2018

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...

 
Butter and cheese inventories continue to climb

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...

 
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,...

 

Search