dairy prices
Price pressures cause concern in Austrian market
According to surveys by Statistics Austria, exports rose by 1.8% in the first quarter of 2021, while imports fell by 10%, which led to an improved foreign trade balance.
Dairy prices up in 2019, says FAO
International dairy prices, measured by the Food and Agriculture Organisation of the United Nations (FAO) dairy price index, averaged 3% higher in 2019, compared to a year earlier when they fell by 4.6%.
Austrians pay for better dairy
Eurostat has recently compared the average food price levels in each EU country, with Austria having a value of 125% of the EU average food price level.
Customers gain confidence through improved price and supply certainty
NZMP, the dairy ingredients brand of Fonterra, has refreshed its risk and commercial solutions, which, during volatile and uncertain market conditions, help customers gain confidence through improved price and supply certainty.
Emmi reports improved sales in first half of 2018
In the first six months of 2018, dairy giant Emmi has done well and generated consolidated sales of CHF1,675 million (€1.5bn) compared to CHF1,600 million in the same period of 2017.
Signs of the times
The International Farm Comparison Network has been busy analysing the world’s dairy prices, and concluded that the milk price recovery is well underway now.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Time to get serious about leaving
Arla Food UK’s managing director Tomas Pietrangeli has posted his version of Luther’s 95 theses about Brexit, in a call to action for both the farming and the processing community in the UK.
Supply drop starts to bite, says Rabobank
Milk supply from dairy export regions has fallen sharply, by 2.6m tonnes in the second half of 2016, with milk volumes from Oceania and Europe severely challenged, according to agricultural bank Rabobank’s Dairy Quarterly Q4 2016 report.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
EU predicts price recovery for dairy
The European Commission says EU milk supply growth slowed down and EU milk deliveries are expected to be below last year in the second half of 2016.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Off the bottom
I was listening to Kevin Bellamy this morning on BBC Radio 4’s Farming Today, explaining why not all the British processors had trickled through the recent price gains to farmers.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
After the darkness
Rabobank’s Top 20 was released last week, and showed the effects of the downturn on the top processors globally in 2015. Now that milk prices are finally firming up, it is a snapshot of how the industry has weathered the downturn.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Where dairy dares
An interview with Jan Maartin Vrij, chair of the Dutch organising committee of the World Dairy Summit.
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Fonterra announces 2016 interim results
Fonterra Co-operative Group Limited has announced a good performance in the first half of the current financial year, with normalised earnings of $665 (€596) million up 77% on the comparable period, and net profit of $409 (€366) million up 123%.
Business & trade, Dairy processing, End products, Ingredients
Fonterra revises milk forecast
Fonterra Co-operative Group Limited has reduced its forecast Farmgate Milk Price for the 2015/16 season from €2.54 per kgMS to €2.39 per kgMS.
Business & trade, Dairy processing, End products, Ingredients