Milk

At the beginning of 2019 customs duties on dairy products will be reduced by about 40%. Pic: ©Getty Images/Armastas

Dairy market reform agreement signed in Israel

By Jim Cornall

Israel’s Minister of Finance, Moshe Kahlon, Minister of Agriculture Uri Ariel, the Israel Farmers Association, and the Association of Cattle Breeders signed a reform agreement on the dairy market on October 29.

Westland said it was 'making progress on the matters it had direct control of.'

Westland reduces payout prediction

By Jim Cornall

The decline in global prices for dairy commodities, especially butter, has forced the board of Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$6.10-NZ$6.50 (previously NZ$6.50-NZ$6.90).

Roughly $1.5bn in revenues will be lost by US dairy farmers in the second half of 2018 as a result of retaliatory tariffs. Pic: ©GettyImages/Kwangmoozaa

NMPF criticizes USDA dairy aid package for falling ‘far short’

By Beth Newhart

The National Milk Producers Federation (NMPF) sent a letter to US Agriculture Secretary Sonny Perdue analyzing the federal dairy aid package the US Department of Agriculture (USDA) announced over the summer. An eventual $12bn payout is aimed at helping...

IFCN analyzed 177 typical farm types in 53 different countries.

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IFCN 2018 dairy report published

By Jim Cornall

IFCN, a German-based research network on the dairy industry, has released its IFCN Dairy Report 2018.