Dairy reporter predicts milk production drop, shares advice
A Wisconsin dairy magazine publisher advised local farmers, some of whom struggle to pay their bills, on strategies to improve earnings during a local appearance this week.
Australian milk supply could drop 7%
Dairy Australia is predicting Australian milk supply could plummet by as much as 7% this season in a «worst case scenario».
Murray Goulburn to settle with ACCC on milk price case
Murray Goulburn (MG) has agreed to settle a court case brought by the competition watchdog over allegations it misled farmers about how much they would be paid for their milk in 2016, triggering the dairy crisis.
Depressed milk prices forcing more farmers out of operation
High production costs and falling commodity prices over the past four years are forcing more and more dairy farmers out of business in Iowa and other dairy states, according to agribusiness experts and farm groups.
Look for a Rise in Milk Prices
The USDA has released its 10-year milk projections. It expects prices to climb to $19 per hundredweight by 2026.
Meadow Foods latest processor to drop farmgate milk price
Meadow Foods will drop its standard A litre milk price by 1p/litre from 1 December, citing weakening dairy markets over the past three months.
Dairy prices lowest for over 2 years
Dairy prices have fallen to their lowest level since August 2016 and economists are signalling there could be more price weakness to come.
Dairy farm values down 18% on year ago
Overall farm sales this spring have eased more than 7% on a year ago and dairy farm prices per hectare fell more than 18% during the same period.
The 2018 milk prices could be the new normal
The author is a research assistant professor in the department of agricultural and applied economics at the University of Missouri.
Fonterra closing farmgate milk price shortfall
FONTERRA suppliers claim they will receive a closing price of just $5.68 a kilogram of milk solids for 2017-18, 40 cents short of the benchmark price of about $6/kgMS paid to Murray Goulburn suppliers for the season.