IFCN Dairy Conference: ‘Milk production will increase 50% by 2030’
Between now and 2030 worldwide demand growth for milk and milk products will be three times the level of current US milk production.
The effect of the milk price downturn is still being felt
WIDESPREAD low farm-gate milk prices have driven production to its lowest level since 1998 according to the International Farm Comparison Network (IFCN), but world milk prices are now expected to stabilise at close to IFCN’s long-term average. By: Rog Wood
A background to the butter dilemma
The shortfall in butter production in Europe is driving up wholesale prices, and yes retail prices are going to go up. However, the rises are much more dramatic in wholesale terms (doubled in a year) than they will be in retail terms. By: Richard Dillon
Dairy Demand Growth Expected to Continue Until 2025
A global growth in milk demand of more than 20 million tonnes per year is expected to continue until 2025, according to the new Long-term Dairy Outlook from IFCN Dairy.
Global Dairy Trade holds steady in latest auction
The latest Global Dairy Trade has held steady on the previous auction, posting neither a rise nor a decline.
Researchers and analysts say milk prices can recover in 2016
During the recent IFCN Dairy Conference, an annual think tank of researchers and analysts discussed the issue of current low milk prices.
Letting the cream rise
The end of quotas frees efficient European dairy farms to expand
Major milk price drop announced for December
FrieslandCampina has announced a significant drop in its farmgate milk price for December. When calculated for Irish milk constituents, the December prices is a 3.6c/L drop over the November price.
Fonterra poor at value-adding – report
The world’s biggest milk processors have been ranked in a new report, and while Fonterra is near the top in terms of the volume of milk it collects, it sits near the bottom in terms of the value it creates from that milk.
Glanbia among world’s top 20 dairy processors
The International Farm Comparison Network (IFCN) has published the top 20 global dairies based on milk intake in 2013 and Irish big player has been named among the major players.