New Zealand dairy seeing strong demand, says Fonterra
Fonterra CEO Miles Hurrell says its recently announced lift in the 2020/21 forecast farmgate milk price range is a result of consistent strong demand for New Zealand dairy.
Fonterra details how farmers will be paid for sustainable, high value milk
Fonterra releases details of how it will pay farmers for producing sustainable, high quality milk as part of The Co-operative Difference framework.
MIV milk policy debate goes online in Germany
The German Dairy Industry Association (MIV) held its ‘milk policy morning pint’ discussion virtually in January this year.
Global milk output lower but prices up
After a very strong global milk production growth in 2020, Rabobank assumes that milk production will slow down significantly in 2021, however prospects for milk prices are better than expected at the beginning of the pandemic.
MIV reports on German dairy and Brexit
The annual conference of the German Milk Industry Association (MIV) took a look at the milk market and various important agricultural policy events for the year so far.
Milk deliveries and prices drop in Austria
The decrease in prices is due to lower demand for ingredients and the impact of the Covid-19 pandemic.
First Milk releases annual report showing strong performance
First Milk has published its Annual Report and Accounts for the year ending 31 March 2020, which reports a year of progress, delivering growth, investment and improved member returns.
Hochwald reports stable 2019 figures and widens the gap from the average German milk price
German dairy co-operative, Hochwald, has released its annual financial statements, reporting high investment levels and a significant increase in equity.
Government launches UK-wide consultation into dairy sector to tackle supply chain issues
The UK government, working with the devolved administrations in Scotland, Wales and Northern Ireland, has launched a consultation seeking to end any unfair practices across the UK’s dairy sector.
Business & trade, Dairy processing, Regulatory, Sustainability
Fonterra to pay more for sustainable, high value milk
Fonterra farmers producing sustainable, high quality milk will be eligible for a new payment, as Fonterra announces important changes to the way it pays farmers for their milk.
First Milk holds milk price for July 2020
First Milk has announced that it is holding its milk price for July 2020 at the current level.
New M&S campaign supports British dairy farming
M&S helps to address challenges facing farmers caused by hospitality sector closures – confirming commitment to its Milk Pledge price promise to dairy farmers.
Dean Foods and DFA call off $425 million deal
According to documents filed this week with the US Bankruptcy Court in Houston, Dean Foods Company revealed that Dairy Farmers of America is no longer the lead bidder in the upcoming bankruptcy sale.
Fonterra reaffirms forecast farmgate milk price and earnings guidance
Fonterra Co-operative has reaffirmed its forecast farmgate milk price range at €3.96-4.30 per kgMS and its forecast full-year underlying earnings guidance of €0.085-0.14 per share.