According to the latest study by the Bureau for Rural Sociology and Agriculture (BAL) – What is the cost of producing milk? – the average milk production cost over five years in six European countries was between 41 and 46 cents per kilogram of milk.
UK dairy cooperative First Milk has today announced a series of changes to its capital structure that will see the introduction of a ‘member premium’ in the form of a 13th payment to members from next year, as well as increased transparency in share trading...
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$6.75 (US$4.37) per kgMS to a range of NZ$6.25-NZ$6.50 (US$4.05-US$4.21) per kgMS and increased its forecast New Zealand milk collection volumes...
The US has reached a new agreement with Canada following a year of trade negotiations. The US-Mexico-Canada Agreement (USMCA), which includes Mexico, replaces the North American Free Trade Agreement (NAFTA). But the terms have left the dairy industry...
New Zealand’s Westland Milk Products has reported a final milk payout of NZ$6.12 (US$4.06) per kilo of milk solids (kgMS), less a five cent retention, delivering a net average result for shareholders of NZ$6.07 (US$4.03) per kgMS.
The number of dairy operations in the US has been declining over the past 20 years; the state of Wisconsin alone has lost more than 2,200 dairy farms in the past five years.
The Dairy Dialog podcast this week looks at protective cultures, a UK dairy switching to liquefied natural gas (LNG) as its energy source, and a new dairy app to help farmers.
The Australian Competition and Consumer Commission (ACCC) has warned the country’s dairy processors to not mislead farmers about milk prices, following reports of processors blaming their private-label milk contracts with supermarkets for the low prices...
New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.
The US Dairy Export Council (USDEC) recently visited Asia. CEO Tom Vilsack also made a trip to South Korea as a part of the dairy industry’s effort to expand into the Korean market.
The American Dairy Coalition (ADC) is encouraging US Congress to pass the AG and Legal Workforce Act (HR 6417), a federal, mandatory verification system to vet all temporary, non-immigrant agriculture workers.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$7.00 (US$4.66) per kgMS to NZ$6.75 (US$4.49) per kgMS.
The US Department of Agriculture (USDA) is paying back the agriculture industry that has suffered during the Trump administration’s tariff feuds with trade partners.
