Arla Foods amba has confirmed further farmgate milk price increases as farmers continue to grapple with soaring on-farm costs. However, the dairy cooperative also noted that commodity prices are beginning to stabilise.
Five hundred farmers in Tesco’s Sustainable Dairy Group (TSDG) are being encouraged to install 5,000 nesting boxes to support migratory birds like swifts, swallows and house martins.
Cornish clotted cream producer Rodda’s, one of the UK’s largest milk processors, has adapted its pricing model to support farmers at a time of rising on-farm costs.
New Zealand dairy cooperative Fonterra has lowered its 2021/22 farmgate milk price forecast, blaming global crisis that have had ‘short-term impacts’ on global demand for dairy products.
Fonterra Co-operative Group Limited has narrowed its 2020/21 forecast Farmgate Milk Price range, reported a solid start to the 2021 financial year and reconfirmed its forecast earnings guidance.
Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.
Fonterra ended the first half of its 2017 financial year with revenue up 5% to NZ9.2bn (US$6.5bn) on the same period last year, and net profit after tax up 2%.
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.
UK milk processor Robert Wiseman Dairies has confirmed that its
full year results will be in line with analysts' expectations and
has pledged to up its average farmgate milk price for the first
time in over a year, Tom Armitage...
