Margins are widely tipped to strengthen on the back of higher production and increased dairy commodity prices, though concerns about China imports remain and Argentina’s output remains low.
The Dairy Farmers of America (DFA), Foremost Farms USA and Michigan Milk Producers Association are exploring joint ownership of a cheese processing plant in the state of Michigan.
Westland Milk Products, New Zealand’s second biggest dairy co-operative, has announced a drop in its pay-out predictions for 2015-16, saying a forecast 15 to 25% reduction across all commodity products for the remainder of the season is the driving force...
Fonterra has been placed on negative credit watch by ratings agency Standard and Poor's on the same day it announced plans to reduce its Global Dairy Trade (GDT) offering.
The global dairy market appears to be headed into another period of milk “supply scarcity” in the next 12 months as production growth begins to slow in the world’s major export regions, Rabobank has claimed.
Irish dairy firm Glanbia says that booming US cheddar export sales fed into a strong 2012, but warned that the key risk to the global dairy market in 2012 centred on “significant concerns” regarding the global economic downturn and its effect on consumers.
