Friesland Campina Raises Milk Price Whilst Paying Farmers to Cut Production
European dairy co-operative Friesland Campina is paying members to cut milk production, but also considerably increasing milk prices, which could leave their milk producers wondering over the best strategy to improve returns, UK levy board AHDB Dairy has reported.
Experts: USDA buy won't relieve dairy oversupply
Experts say the federal government’s purchase of 11 million pounds of cheese might put a few more dollars in farmers’ pockets, but the buy won’t help much amid the biggest cheese glut in 30 years. By JON O’CONNELL.
MPP Milk-Feed Margin Soars
What a difference a few months make. In May and June, the U.S. All-Milk price tumbled below $15 and whole herd feed costs soared to $9. The result was a milk-feed margin that averaged $5.76/cwt, triggering the largest MPP indemnity payments in the program’s history. BY JIM DICKRELL
Fonterra cuts loan payments
Dairy processor Fonterra has halved its loan repayment to one cent a kg/ms. By Andrew Miller
The Bear Market in Butter
Americans’ renewed appetite for full-fat foods pushed butter prices to a record peak above $3 a pound in 2014 and that high again in 2015, but they’ve softened so far this year. Prices for spot butter traded on the Chicago Mercantile Exchange are down 8.8% this year, to $1.8975 at the close on Friday, Sept. 30. Analysts warn the decline probably has further to go. By CHELSEY DULANEY.
British Pound To New Zealand Dollar Exchange Rate: Major Losses For GBP / NZD After Article 50 Announcement
Pound Sterling Exchange Rate Update: Instability for GBP after Week of ‘Brexit’ Concerns. By Tom Trevorrow.
New Zealand dairy industry worries over Canada pricing plan
New Zealand is closely watching changes in how Canada prices dairy products, New Zealand’s trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition.
Big Sam and Irishman team up to sell baby milk to China
London-based Irish accountant Shane Moloney and his client former England manager Sam Allardyce, who quit his post last week in disgrace, have emerged as investors in a baby formula company. By Simon Rowe.
Cinco industrias lácteas argentinas lograron exportar leche en polvo a más de 3500 u$s/tonelada
Sin el cupo de importación brasileño se acabaría la crisis. Cambio de tendencia en el sector lácteo.
Importación de quesos también afecta a la industria santafesina
En este segmento de productos lácteos, los ingresos de mercadería se superó el 136 por ciento.