#Fonterrra investors told: sell
An analyst is recommending investors to sell units in the Fonterra Shareholders Fund because of the lack of visibility in short-term earnings highlighted in the dairy giant’s first-half results.
#AMPI reports $1.8 billion in #sales for 2013
Leaders of Associated Milk Producers Inc. (AMPI) announced that the dairy marketing cooperative recorded sales of $1.8 billion and earnings of $7.5 million in 2013.
#Dairy markets: Last week in review
Class III futures finished the week on a soft note, but the market behavior surprised many participants who were expecting a major downside correction at the first sign of spot cheese weakness. The 2Q 2014 pack pulled back 7¢ over the past week to close at $21.98/cwt., while the 2H 2014 pack gave back 18¢, […]
New Zealand’s #Dairy-Led FX Rally Could Sour
New Zealand has become a market darling as China’s soaring demand for milk propels New Zealand’s exports and economy. Exports jumped 17% year-on-year in February, helping to push the New Zealand dollar to its highest level since August 2011.
#Arla plans merger with European co-op EGM Walhorn
Arla has announced plans to merge with Belgium-based dairy co-op EGM Walhorn.
Council thinks #Fonterra has got the message
he Waikato Regional Council says its formal warning to Fonterra for illegally dumping millions of litres of buttermilk should be enough to prevent it happening again.
Falling #dairy prices will reduce a key support for the NZD; USD trends now more dependent on data outcomes
The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660.
Argentina: Fabián Cavallotto: “Si estos precios siguen van a desaparecer cada vez más #tambos”
Ante este panorama los únicos que van a quedar son los tambos grandes, que tienen otra diferencia en sus ganancias.
Colombia: Principales tendencias de consumo de #lácteos para el 2014
Innovación y transferencia tecnológica: claves para superar la crisis del sector agroalimentario colombiano.
Venezuela: Fedenaga garantiza carne y #leche en seis años si se implementan sus propuestas
Para el presidente de Federación Nacional de Ganaderos de Venezuela (Fedenaga), Rubén Dario Barboza, fue “positivo” que el Gobierno se reuniera con el sector.