Sentences with phrase «lower dairy prices»

Lower dairy prices for struggling farmers have seen impaired loans in the Commonwealth Bank of Australia's $ 21 billion agricultural portfolio jump 36 per cent in the six months to December.

Lower dairy prices represented a mixed blessing, reducing ingredient costs for consumer products but also weighing heavily on the company's farmer - shareholders whose collective incomes have been slashed by billions of dollars in the last two years.

Not exact matches

Fresh fruit prices were 3.0 % lower (+4.1 % y / y) while dairy prices fell 1.3 % (+3.6 % y / y).

Even though soybeans are not a major crop in La Crosse County, they are increasing as farmers seek to diversify, especially with low milk prices slamming dairy farms, she said.

Where farm gate prices traditionally are set conservatively low, and rise as the season progresses with step ups paid to farmers as the budget is refined based on actual sales, dairy farmers that supply these companies are now facing the prospect of retrospectively paying back 10 months of «overpaid» milk.

Even if California production declines, continuing development of organic dairy production in the traditional milk - shed states, lower feed grain prices, and diversity in the business models used for organic dairy production could support expansion of the U.S. organic dairy sector.

In the 1980s, dairy farmers were in a bind because an oversupply in the country caused low market prices.

Beleaguered dairy group Murray Goulburn's decision to reverse its cut to farmgate milk prices appears to have done little to stem the tide of supplier defections, with the company revealing on Monday its milk intake for the 2018 financial year will be about 18 per cent lower than in 2017.

EMB vice president Sieta van Keimpema warned that forced cuts to farm businesses were usually made at the cost of animal welfare and farmers and their family's living and working conditions: «Major distortions in competition on the dairy market have, for many years, led to prices that are significantly lower than inherent production costs,» she said.

«This imbalance and the challenge of lower prices continuing for longer than anticipated is a global issue, which dairy farmers around the world are increasingly grappling with.

However, rising fuel prices could hurt the economies of oil - importing counties and lower their demand for cheese and other dairy products.

«I am all too aware of the difficulties the dairy sector has faced as a result of low farmgate prices over the past few years», he said.

«There's no doubt that prices would be a lot lower than they are had it not been for the dairy food strategy — the strategic choices we made in 2012 and busily pursued in implementing,» Mr Helou said.

Global dairy prices have fallen around 60 per cent since early 2014, mainly because of weaker demand from China after it stockpiled milk powder, and most analysts expect milk prices to stay low for some time.

Global dairy prices have risen nearly 17 % in four weeks, an encouraging sign for a sector beleaguered globally by low prices and growing stockpiles of cheese and milk powder.

Prices have swung from record lows to record highs,» said Michael Harvey, industry analyst at Dairy Australia, which promotes the interests of the sector.

«The Australian dairy industry has to get real about milk prices and find ways to adjust to the new lower milk price environment that we expect is likely to continue next season.»

A spokesman from Coles said the supermarket absorbed the cost of low - price milk by reducing its own profits and it compensated dairy processing companies who bought the milk from farmers.

In February, Murray Goulburn lowered its forecast profit to $ 63 million on the back of weak dairy commodity prices.

Up to 4,000 dairy farmers recently held a three - day strike, withholding milk from dairies, to protest at low farmgate prices.

This could be nasty news for American dairy farmers: The high supply has already resulted in low prices, and with renewed competition from the EU, things could get ugly.

Demand for cheese in this country is steadily rising, but the high stockpiles and low prices could make it especially hard for the US to export its own dairy products, a $ 5.2 billion per year industry.

The IFA representative pointed out that the availability of «competitively priced loans» [the low - cost loan scheme] courtesy of the Strategic Banking Corporation of Ireland (SBCI), will also help boost confidence within the dairy sector.

[The price of] commodity dairy ingredients namely skim milk powder and whole milk powder... is at historic lows and is looking like staying there for a while because of the change in buying patterns in China and the embargo in Russia.

While the USDA projects dairy prices to increase throughout the rest of the year, many factors including low world market prices, increased milk supplies and inventories, and slower demand have contributed to the sluggish marketplace for dairy producers.

The company said it represented strong performance in the context of low global dairy commodity prices, significant increase in global dairy production and continuing sanctions in Russia affecting global supply and demand.

According to the Wall Street Journal, New Zealand dairy farmers are facing the lowest pay prices they have seen in 13 years.

One way of Canada has sought to achieve this is through employing a special class program that sets artificially low prices for UF milk and other dairy ingredients that disincentivizes the purchase imports from the United States and other markets and subsidizes Canadian exports.

There is also the possibility that, following Brexit, the UK might eliminate all its import tariffs, allowing beef exports from South America and lamb and dairy exports from New Zealand to enter the UK market at much lower prices than prevail at present.

Despite demand for dairy remaining strong, particularly in China and other parts of Asia and Latin America, Fonterra said strong production in Europe and continued high levels of EU intervention and stockpiles of skim milk powder has lowered prices.

The New Zealand dollar may fall this week on concern about the impact on the local economy of slower Chinese growth, weak dairy prices and low inflation.

The move will lower the raw milk price paid to dairy farmers by 0.5 p per litre - although the company claims it has committed to an immediate review of its milk pricing strategy should there be any upward movement in prices paid by its major processing competitors, namely Arla Foods UK and Dairy Cdairy farmers by 0.5 p per litre - although the company claims it has committed to an immediate review of its milk pricing strategy should there be any upward movement in prices paid by its major processing competitors, namely Arla Foods UK and Dairy CDairy Crest.

Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabiDairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabidairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabidairy sector debt on the Reserve Bank's radar as a growing risk to financial stability.

«Despite repeated lobbying across the UK dairy sector, Arla has failed to reverse its September decision to lower milk prices, compromising on our ability to compete in the market,» Jack noted.

New Zealand dairy company Fonterra said its interim profit more than doubled as low global milk prices gave the company a boost but dragged on farmers» incomes.

He said ADF planned to give investors two types of returns — earnings from dairy operations and exposure to rising farm prices off a cyclical low.

«We have lifted profitability from last season to this season, resulting in higher earnings per share to help offset low global dairy prices.»

The USDA estimated that the US dairy industry will produce 21.8 bn lbs of milk in 2018, while slightly lower than 2017 production, the supply still outweighs market demand causing milk prices to continue to drop.

«With this acquisition we are concerned that Danone will easily be able to beat out any competition by lowering prices beyond what farmstead dairies, and more moderate size milk processors and marketers, can withstand.»

This special edition Research Report provides insights regarding the modern - day American consumer by including the following: snapshots of the overall macroeconomic environment, data that spotlights spending trends, the potential impact of lower gasoline prices and opinions on the near and medium - term outlook with implications for the US dairy marketplace.

A group of MPs in the UK have called on the government to step in over low farmgate milk prices, which they claim are taking ruthless advantage of dairy farmers.

New Zealand dairy company Fonterra said its interim profit more than doubled as low global milk prices cut costs for consumer products.

Global dairy prices have fallen around 60 per cent since early 2014, mainly due to weaker demand from China after it stockpiled milk powder, and most analysts expect milk prices to stay low for some time.

In its 3 March 2014 announcement, Tesco attempted to assure consumers that its new lower milk price would have no impact on the 650 milk farmers that make up its Tesco Sustainable Dairy Group (TSDG).

Higher milk prices along with lower feed costs and land values are proving a factor in rising demand for dairy assets.

In spite of low farmgate prices for milk, the Irish dairy industry — with its 18,000 dairy farmers — is seen as a world leader, thanks in part to its Origin Green program.

Instead, the primary focus of the Australian dairy industry seems to have been complaints about the unsustainably low milk prices offered by Coles and Woolworths.

Profits have tumbled since 2011 as the company battled a high Australian dollar, lower international dairy prices and met fierce local competition as rival Murray Goulburn aggressively chased milk supply.

Sheep meat (4 %), pig meat (4 %), beverages (4 %) and dairy (2 %) also increased, whereas poultry suffered a 14 % decline due to falling prices and lower stock.

Speculation on milk prices is keeping them at an artificially low level and could cause the collapse of the Spanish dairy sector, warns the organisation which represents the interests of some of Spain's smallest farms.