Fonterra Co-operative Group Limited has revised its forecast 2017/18 Farmgate Milk Price, and updated its normalized earnings per share and dividend guidance.
The dairy research network IFCN said between now and 2030, the worldwide demand for milk and milk products will be three times the level of current US milk production.
South America boasts a dynamic dairy sector replete with opportunities for growth and development. While 2016 was an incredibly challenging year for many stakeholders across the dairy chain, so far, 2017 has proven to be a year of recovery and improvement.
Class III milk prices continued to fall in March 2013 despite a slight decrease in US cheese, dry whey, and butter inventories during the month. According to US dairy commodities expert and MilkPrice blogger, John Geuss, any "real recovery" in...
Milk prices have continued to increase in the US, hitting $19 per hundredweight in September. But will the positive impact on dairy sector cash flow outweigh the long term negative effect on consumption? US commodities expert and MilkPrice blogger, John...
Recent months have seen images of protesting farmers, tractors blockading dairy plants and retailer boycotts – all as a result of UK processor plans to reduce the price they pay to dairy farmers for their raw milk.
Dragons' Den entrepreneur Deborah Meaden has hit out at mega dairies in a new report, where she and her co-contributors said they tied US dairy farmers to a "treadmill of seeking ever-greater yields and economies of scale".
An independent watchdog is needed to ensure fair dealings between
supermarkets and food suppliers, says a UK economics group, echoing
similar calls from parts of the dairy industry.
A group of MPs in the UK have called on the government to step in
over low farmgate milk prices, which they claim are taking ruthless
advantage of dairy farmers.
Cutting Britain's milk supply to raise farmgate prices will not win
the battle to raise earnings across the UK dairy sector, warns a
new Milk Development Council report.
Protestors who stole €2,000-worth of milk and cheese from a
Lactalis dairy factory and then handed out the products free in
local villages, said they would continue the fight against falling
milk prices, after escaping prison sentences...
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
supermarkets.
Arla Foods UK, the UK subsidiary of Danish-Swedish dairy
co-operative Arla Foods, announced yesterday that it is to put its
milk prices on hold - a move which will appease British dairy
farmers and also temporarily heal a long-running...