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Australia’s growing population and good demand for milk and dairy products are expected to result in lower dairy exports over the next year. The trend of dairy herd reductions continues among many Australian dairy producers. It is not expected that herds will increase during the final months of this season, probably not next season either. Recent cooler weather...

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...

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...

After recent very hot and dry conditions, rains arrived in Australia, not so pervasive as to significantly interfere with hay cutting. Spring has arrived. New Zealand dairy producers and processors continue to feel that there will be a decent increase in milk production this season. Underwhelming price resultsfor some products at recent G...

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...

This is the time of year with seasonally lower milk production in Australia. It offers an opportunity for easier plant maintenance and repairs without interfering with milk flows. Winter is setting in and substantial rain has recently fallen in Australia. While the rainfall is welcome in bringing moisture to dry soil, the persistent rain is no...

The latest event held by the Global Dairy Trade (GDT) — event 209 — saw another slight decrease of 0.6% for the overall index. Runnning for a total of two hours and 17 minutes, today’s auction saw 123 winning bidders across 16 rounds from a total of 169 participating bidders. An overall figur...

European Union exports confirm their rush in January-May 2017, with a 16.7% increase in value and 4.8% in volume on a trend basis. To drag the values of the first five months of 2017, in particular, are exceptional data in May, with an upward trend of +32.8%, amounting to 1.45 billion euros exported in just one month (6.6 billion...