Strong commodities market aids Fonterra
Fonterra, New Zealand's largest dairy co-operative, predicted world
commodity prices would continue rebounding strongly over the next
few months as supply and demand tightened.
Arla sues Wiseman in UK price fixing dispute
Rows over dairy price fixing allegations in Scotland took another
twist this week, after Arla Foods UK revealed it would sue rival
Robert Wiseman to recoup lost revenue.
Australian drought could impact dairy prices
Buyers of Australian dairy products are facing uncertainty over
future supplies and pricing as the country's farmers weigh up the
impact of a prolonged drought on their output.
Price fixing allegations hit Wiseman shares
Shares in dairy firm Robert Wiseman have struggled to recover in
recent days after Britain's competition watchdog accused the group
of fixing milk prices in Scotland.
Milk Link ups prices to supply Britain's organic milk boom
UK dairy processor Milk Link will pay farmers more money for their
organic milk from this October as the industry attempts to keep
pace with soaring demand.
EU plots path out of commodities
The current supply glut on the EU butter market will be solved by
more producers leaving the sector, says a Commission report, again
predicting a move away from commodities across the bloc.
Cost pressures knocking EU milk prices
Farmgate milk prices have continued to fall across the European
Union and most rapidly in France over the last year, new figures
show, increasing tension between producers and processors.
Lactalis slams Sodiaal in French milk price row
Rows over farmgate milk prices have intensified in France, with
leading French dairy processor Lactalis accusing its rival Sodiaal
of irresponsibly cutting the price it pays to producers.
Nestlé confident that food prices will stabilise
Nestle doesn't expect raw material prices to rise further this
year, despite a recent FAO report that forecasts an increase of
over 2 per cent in the world food import bill in 2006.
Arla UK under fire over milk price cuts
Arla UK announced it would make more controversial cuts to farmgate
milk prices and fine producers for churning out too much milk, as
cost pressures on the dairy industry intensify.
UK dairy sector still hooked on commodities
Britain's dairy trade deficit grew again in 2005, highlighting that
the country is still too reliant on lower margin commodity goods,
leaving the domestic market exposed to foreign competition.
Wiseman ups prices to lift dairy profits
An increase in selling prices helped dairy processor Robert Wiseman
to begin clawing back lost profits, as the group looks to continue
the momentum with more new products and facilities.
Low milk prices unsustainable, say producers
Milk producers have renewed their fierce criticism of low farmgate
prices in Britain, as the country's competition watchdog prepares
to open an in-depth probe into the market practices of top
Cost cuts to balance high input prices, Nestlé says
Prices for raw materials and energy are forecast to rise by around
five to 10 per cent this year, but Nestlé believes cost cuts will
balance the equation out, the company's chief executive said
Dairy price rises forecast to moderate as demand eases
The international demand for dairy products has eased slightly and
prices for supplies are likely to moderate in the next several
months, according to a new report.