Pricing Pressures

Westland CEO Toni Brendish said that Westland is conducting a further review of staff roles to increase efficiency and reduce cost throughout the group.

Job losses likely at Westland

By Jim Cornall

New Zealand cooperative Westland Milk Products has announced it is conducting a further review of staff roles throughout Westland Group (Westland Milk Products, Westland Shanghai and EasiYo).

A sharp rise in prices due to restricted supply and increased demand

Egg prices set to keep rising in EU

By Louis Gore-Langton

Egg prices in Europe have risen 16% since November last year driven up by bird flu outbreaks and rising consumer demand, say global commodities analysts at Mintec.

Toni Brendish is the new CEO of Westland from March 2017.

Westland Milk Products' tough year

By Jim Cornall

New Zealand dairy cooperative Westland Milk Products’ shareholders and suppliers had a tough 2015-16, Chairman Matt O’Regan said in the co-operative’s annual report.

GDT's director says that the new governance means more transparency. Pic: ©iStock/Freer law

Global Dairy Trade strengthens independence

By Jim Cornall

New governance principles to monitor GDT Events, the twice-monthly auction held by Global Dairy Trade (GDT), have been approved by the GDT Events Oversight Board, at its second meeting held at SIAL Paris, the international food event.

Australian dairy cooperative Murray Goulburn says milk intake for FY17 will be reduced, and it has cut its FY17 farmgate milk price.

Murray Goulburn says weather creating challenges

By Jim Cornall

Murray Goulburn Co-operative Co. Limited (MG) has provided an update on the impact of very wet climatic conditions on milk intake as well as a revision of its full year forecast farmgate milk pricing.

According to the EMB, 35% of production costs in Luxembourg aren't being met by current prices. Pic: ©iStock/Jürgen François/pavlinec

EMB bemoans high milk production cost in Luxembourg

By Jim Cornall

The European Milk Board (EMB) says that 35% of milk production costs in Luxembourg are not covered, after the country was added to those nations analyzed by the Büro für Agrarsoziologie (BAL).

While dairy prices might be on the rise, the Ulster Farmers' Union says it is unhappy those increases aren't making their way to farmers.

Union anger at Northern Ireland milk prices

By Jim Cornall

Ulster Farmers’ Union (UFU) president, Barclay Bell, says dairy farmers in Northern Ireland are frustrated and angry at what he says is the derisory milk price increase delivered by local processors.

The NFU is calling for a fair price for farmers for milk, and estimates that farmers are being short-changed by about £200m.

NFU says dairy farmers not paid enough

By Jim Cornall

Echoing calls from NFU Scotland for milk buyers to pay farmers more for milk, the National Farmers’ Union (NFU) south of the border says dairy farmers are being short-changed to the tune of £200m ($255m).

Müller has increased the price it pays farmers for milk, as well as outlined plans for growth in the dairy sector by 2020.

Müller raises November milk prices

By Jim Cornall

Müller has raised its UK average milk price by 1.5ppl (2 cents), giving a contract price of 20.94ppl (26.8 cents).

NFU Scotland is calling on milk purchasing companies to immediately increase the price being paid for milk from farmers following the upward trend in prices. Pic: ©iStock/Liquid_Light

NFU Scotland says milk buyers ignoring higher prices

By Jim Cornall

National Farmers’ Union (NFU) Scotland is calling on all Scottish companies purchasing milk to immediately recognize the strength of current dairy markets and return Scotland’s dairy farmers to profitable production.

The antitrust suit alleged that the

US dairy giants to pay $52m to milk purchasers in court settlement

By Mary Ellen Shoup

Some of the largest dairy producers in the US will have to pay $52m to milk purchasers across 15 states and the District of Columbia, after US District Judge Jeffery White granted preliminary approval to the antitrust class action lawsuit last month.

Müller is raising its milk price in the UK from October by 1ppl.

Müller hikes October UK milk price

By Jim Cornall

Müller is the latest company in the UK to raise its milk price. The company has told its dairy farmers that the standard milk price will increase by an average of 1 pence per liter (1.33 cents) from October 1, 2016.

Finnish company Raisio says that Benemilk is 'becoming dormant.'

Benemilk operations reduced

By Jim Cornall

According to a media release from Finnish food company Raisio plc, the short-term outlook for its subsidiary, Benemilk Ltd, is not favorable.