Pricing Pressures

Governor of Washington Jay Inslee declared a state of emergency with more snow on the way. Pic: ©GettyImages/Kayla Teske

1,600 dairy cows are dead after Washington blizzard

By Beth Newhart

The Dairy Farmers of Washington (DFW) has reported that more than 1,600 cows perished during an unusually heavy snowstorm in the Yakima Valley region of Washington State. The significant loss further burdens an already-struggling industry.

Overall US cheese production likely reached 13 billion pounds in 2018. Pic: ©GettyImages/ShotShare

US cheese surplus not an 'unusually enormous amount'

By Beth Newhart

Last month, the American Dairy Coalition (ADC) called attention to the record 1.4 billion pounds of surplus cheese currently in US cold storage. But it may not have a simple solution, or even be as big of a problem as the public thinks.

Synlait’s next milk price update for the 2018/2019 season will be in May.

Synlait drops forecast milk price

By Jim Cornall

New Zealand dairy company Synlait said it is dropping its milk price forecast for the 2018/2019 season to NZ$6.25 kgMS (US$4.28) from the previously announced NZ$6.75 (US$4.63).

“People just have to be willing to take 60 seconds to make it.

Modest Mylk ditches the carton for sustainable nut beverage bases

By Beth Newhart

A new make-your-own nut-based milk alternative is hitting the market this month. Modest Mylk is a nut paste sold in glass jars designed to blend with water into a ‘milk-like’ beverage, which the company says is more sustainable and affordable than conventional...

It is estimated that only about 13% of the milk produced by Australian dairy farms ends up as fresh milk. Pic: ©Getty Images/petej

‘Australian supermarket wars could put half of suppliers out of business’

Eight years on, one dollar milk is still crippling farmers

By Richard Whitehead

Exactly eight years ago, Australian supermarkets began selling a liter of milk for one dollar (72 US cents). As farmers are getting ready for Australia Day anniversary, the industry continues to reel.

Dairy equipment like this is available regularly at auctions, but not often in southern Florida. Pic: ©GettyImages/BrianAJackson

New Mill Capital hosts fluid milk jug plant auction in Florida

By Beth Newhart

Machinery from a high volume fluid milk jug plant in southern Florida is up for auction this week, including milk silos, homogenizers and processors. Auctioneers New Mill Capital will oversee the online sale, open to all global customers.

Cargill reports a 20% earnings loss in Q2

By Beth Newhart

Cargill took a hit in its second quarter with a 20% drop in net earnings compared to the year-ago period. It cited a ‘world of uncertainty’ affected by the struggling US dairy industry and lingering trade wars throughout 2018.

Retail sales volumes of all key dairy categories have declined in the US since 2017, excluding natural cheese. Pic: ©GettyImages/sergeyryzhov

Tight margins and bad weather affected 2018 global milk production

By Beth Newhart

Rabobank has published its Dairy Q4 Quarterly report, which states the US saw just 1% growth in milk production in 2018, the lowest year-on-year (YOY) growth since 2013. Milk production was also down in the EU and Australia last year, but rose in New...

“This bill is a strong start to addressing the issues our producers are facing right now, particularly our dairy farmers.

Pending farm bill has big implications for dairy

By Beth Newhart

The US is close to passing a landmark $867bn farm bill after months of negotiation and compromise. It has already passed the Senate and the House and is expected to be signed into law by President Donald Trump within the coming days.

The new tool is expected to be introduced in June 2019.

Fonterra introduces Fixed Milk Price tool

By Jim Cornall

Fonterra has announced it will introduce a new financial tool to help farmers gain more certainty of what they will be paid for their milk for the season.

Agropur will close its only plant that produces goat cheese next year. Pic: ©GettyImages/5PH

Agropur in talks with Quebec Goat Milk Producers

By Beth Newhart

Just two months after Agropur announced it will close its goat cheese-producing plant in Saint-Damase, it has engaged in discussions with Quebec Goat Milk Producers about an undisclosed deal.

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