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Exports up 13 percent by volume and 23 percent by value in January-June period.  U.S. dairy exports in the first half of the year were the most in three years, led by record sales of nonfat dry milk/skim milk powder (NDM/SMP) and whey products, and a 24-percent year-over-year gain...

The overall price index at the latest Global Dairy Trade (GDT) event held today, August 15, decreased by 0.4%. The results from the latest GDT event follow on from an overall price index drop of 1.6% at the auction held on the first day of this month. This came after the index returned to positive figures a...

Beef cattle prices have come under increased pressure in recent weeks and, as it stands, most factories are offering 380-385c/kg for steers and 390-395c/kg for heifers. There is a growing fear among producers that prices could weaken further in the coming weeks and months. This is particularly the case as beef cattle supplies are set to remain in a position of sur...

For the year-to-date period ended May 31, Italian dairy exports increased in volume (+13.5%) and in value (+12.8%), on a trend basis. The month of May 2017 was positive for Italian Cheese exports, compared with May 2016, with increases for: Pecorino and Fiore Sardo (+26.8%) Provolone (+16.4%) Grated or powered cheeses...

On July 27, Fonterra announced to the New Zealand farmers a forecast Farmgate Milk Price for the 2017/2018 season increased by 0.25 New Zealand Dollars, to NZD 6.75 per kilogram of milksolids (kgMS) or about 4.17 €/kgMS. Converted into milk, the price increased roughly from 29.7 to 30.9 €/100kg of milk 4.0% fat and 3.4% protein mass/mass (ref. Germany, current change of reference: 1NZD = 0.618&euro...

Moldova is one of the largest consumers of milk of Ukrainian origin. For the first six months of the current year export volumes of dairy products from neighboring Ukraine increased 2 times in comparison with the first half of 2016. Over that period, Moldova bought dai...

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....

According to customs authorities, for 6 months 2017 in comparison agricultural exportswith the same period in 2016, there is an increase in almost in all items. So, the export of live animals increased almost by 60% (by 4625 tons), exports of meat and offal increased by 46%. Only pork exports for 6 months in 2017 exceeded the corresponding figures for 12 m...

Thanks to the dollar’s weakening effect, US dairy exports in the first half of 2017 grew by 12.5% in volume and by 26.7% in value compared to the same period of 2016. Total milk equivalent (ME) exports rose by 19.29% from January to June 2017, in particular towards Southeast Asia, Central & Caribbean America and Latin America. At the same time, milk imports dro...

FAO reports that the FAO Food Price Index — a monthly trade-weighted index tracking international market prices of five major food commodity groups — averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 per cent increase from June 2017 and 10.2 per cent rise from its level a year earlier. The FAO Cereal Price Index was up 5.1 per cent in July. The Index has been rising consistently over the past three months, supported by firmer wheat and rice quotations. Wheat values ro...