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Dairy prices firmed

Central and southeast Australia continue to suffer under intense temperatures, which in some areas reach 116°F (≃ 47°C). Cows and pastures are suffering and the disappointingly low milk production is crimping manufacturers' schedules. New Zealand milk production continues to be strong and improved +4.4% in December. Manufacturers are increasingly working to assure adequate low season carryover stocks are in ...

 
WMP supply is above customers' demands in South America

Milk production is steady to slightly down in South America, as temperatures continue increasing as the summer season approaches. However, in Brazil, Perú, and Ecuador, cows' milk output is still growing while the highest seasonal peak is close (generally between December and January). Milk and cream volumes are enough to cover most manufacturing requests, while the retail/food service demands for bottled milk, cheese, yogurt, milk caramel, and butter are robust. SMP export...

 
Dairy prices decreased

Much of Australia has been hot and dry. Only scattered areas received some rain last week. In Northern Australia, new season hay is limited. This has led to hay from southern areas moving north to meet demand. High feed costs are of increasing concern among dairy producers and herd culling is possible to reduce the need to purchase feed. A number of lawsuits concerning rights to groundwater have been working their way. Some farmers situated above natural aquifers have been limited as to how much water can be&n...

 
Growth of milk production in agri enterprises and decline in rural households

In June, the raw milk market in Ukraine got balanced: prices for farmers' raw milk ceased to decline. Prices for milk purchased from rural households were revised only at the beginning of the month. It is evident, that that the price of raw milk in this calendar year has reached the bottom. At the beginning of 2018, in its monthly Milk Prices Report, Infagro...

 
Milk prices monitoring. January

Reductions of export prices and milk powder balances in January this year had an impact on purchase milk prices decrease. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. The average price for Extra Grade milk in January amounted to 9.96 UAH/...

 
Milk prices increased in Oceania 

On July 27, Fonterra announced to the New Zealand farmers a forecast Farmgate Milk Price for the 2017/2018 season increased by 0.25 New Zealand Dollars, to NZD 6.75 per kilogram of milksolids (kgMS) or about 4.17 €/kgMS. Converted into milk, the price increased roughly from 29.7 to 30.9 €/100kg of milk 4.0% fat and 3.4% protein mass/mass (ref. Germany, current change of reference: 1NZD = 0.618&euro...

 
Chinese dairy imports boost in June, cream exceeds butter 

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....