Sentences with phrase «cut dairy prices»
«There is no pressure on domestic Canadian producers to cut dairy prices,» according to the Calgary report.
http://business.financialpost.com/ Not exact matches
«Against this depressing background, at the least, consumers will likely see further reductions in fuel prices and an acceleration of cuts in retail dairy prices,» Rabobank added.
The NFU (National Farmers Union) has strongly condemned the latest round of milk price cuts after three major dairy processors, who supply fresh liquid milk into the UK market place, issued notices for reductions.
Black believes, however, that Dairy Crest would not have taken the decision to delay its planned price cut if it was not already under such «financial duress.»
«In genuinely difficult times for the dairy farming and milk processing sectors in Britain, Dairy Crest Group has, in our view, shown tremendous commercial statesmanship in deferring the time for which an announced 1.65 p / litre price cut is due to be implemented by two months,» said Bdairy farming and milk processing sectors in Britain, Dairy Crest Group has, in our view, shown tremendous commercial statesmanship in deferring the time for which an announced 1.65 p / litre price cut is due to be implemented by two months,» said BDairy Crest Group has, in our view, shown tremendous commercial statesmanship in deferring the time for which an announced 1.65 p / litre price cut is due to be implemented by two months,» said Black.
If the milk price cuts imposed by Glanbia, Kerry and Lakeland this week are replicated by other processors, the average dairy farm will see $ 6,000 wiped off its yearly income.
Dairy farmers have reacted with shock and disappointment to Glanbia's decision to cut its milk price by 3c / L to 32c / L for February milk supplies.
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.
If Murray Goulburn cuts the farm gate price, other milk processors are expected to follow, given the co-operative's position as a price setter in the market and recent comments from its competitors that this season's price did not reflect global dairy conditions.
Dairy farmers fear a profit downgrade from Murray Goulburn will lead to widespread cuts to the price they are paid for their milk, even if they don't supply Australia's biggest processor.
If farmers cop a price cut, it couldn't come at a worse time, with Australia's top dairy producing areas facing dry conditions and the least amount of grass growth in more than 40 years.
In the past 12 months, the price of global dairy commodities has tumbled 45 per cent, compared with Murray Goulburn's cut to the farm gate price of as much as 15 per cent.
The world's largest dairy exporter, Fonterra Co-operative Group, and Australia's biggest dairy producer, Murray Goulburn Co-operative, are being investigated in Australia over cuts to the price paid to farmers.
In 2016, many dairy farmers went broke or struggled to stay afloat after both Murray Goulburn, and rival Fonterra made a shock cut to milk prices.
Australia's biggest dairy processor, Murray Goulburn, has warned farmers of possible milk price cuts this season amid a souring environment for global dairy markets.
A third director has quit the board of Murray Goulburn following the dairy co-operative's profit downgrade and cut to the farm gate milk price.
Danish dairy co-operative Arla Foods has been involved in crisis talks with Swedish farmers following a number of milk price cuts in the country.
Two UK milk processors have announced milk price cuts for June citing strong supplies and weak dairy markets.
New Zealand dairy giant Fonterra will cut the price it pays its Australian farmer suppliers this season.
Australian dairy farmers are battling to survive an industry - wide crisis, after processors dramatically cut milk prices in response to a global oversupply of milk.
The moves show how Britain's dairy processors are trying to address a general trend towards branded and added value dairy products across the European Union, spurred on by price cuts for commodities in the bloc's Common Agricultural Policy reform.
Mr Joyce plans to visit Shepparton in Victoria on Wednesday to speak to farmers and quell growing anger over price cuts, and is expected to visit Pactum Dairy Group in the area.
The Federal Government has mooted an assistance package for the dairy industry amid criticisms it has taken too long to respond to cuts to farmgate milk prices.
Farmers have suggested dairy giant Fonterra did not need to cut its milk price, but was «opportunistic» following the announcement that rival Murray Goulburn would slash its farmgate milk price.
Dairy Crest (DC) and Dairy Crest Direct (DCD) have announced their new Davidstow Balancing Contract, while First Milk has simply cut prices for some of its UK farmers.
The moves are the latest of several price cuts by processors this year and have increased concerns about the viability of the UK dairy sector going forward, amid a serious earnings problem throughout the supply chain.
Both Arla and rival processor Dairy Crest lambasted supermarkets last month for cutting retail milk prices by around 14 per cent in March, eroding gains made through price rises in January.
It has been one year since the forgotten farmers of the dairy crisis, those who supply Fonterra, learnt they would have their milk price cut too.
Scandinavian dairy firm Arla Foods said last autumn that many European producers were reducing skimmed milk powder output by as much as 20 per cent in the peak season because of the impending EU price cuts.
Lactalis, which owns France's well - known President and Société brands, said that price differences between regions and individual processors left the French dairy industry more exposed to recent EU subsidy cuts for commodity products.
French producers have staged numerous protests outside Lactalis factories in recent weeks after the firm told them it would have to drop prices in light of further EU subsidy cuts across the commodity dairy sector on 1 July.
The announcements follow a summer of protests driven by a series of August - scheduled dairy processor price cuts.
New Zealand dairy company Fonterra said its interim profit more than doubled as low global milk prices cut costs for consumer products.
Industry group Australian Dairy Farmers President Simone Jolliffe said farmers were «absolutely reeling» from the price cuts.
Arla UK announced it would make more controversial cuts to farmgate milk prices and fine producers for churning out too much milk, as cost pressures on the dairy industry intensify.
South Gippsland dairy farmer Damian Murphy said the recent cuts to milk prices will mean a tough year.
Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on global dairy prices.
Price cuts by British supermarkets and French cheese makers may be driving dairy industries in their respective countries towards a milk war.
Danone must cut the prices of its branded dairy products significantly in parts of Europe to compete with lower - price private label brands, French banking giant Societe Generale has claimed.
France's largest dairy processor, Lactalis, wants the industry to introduce fixed prices for dairy products in order to cope with unstable markets and insulate against cuts to EU export subsidies.
The chairperson of the ICMSA Dairy Committee, Gerald Quain, said that he was «very disappointed» that Glanbia had decided to cut its February milk price by 3c / L.
The dairy plants have high fixed costs and significant economies of scale, exacerbating Murray Goulburn's challenges as it tries to stem the loss of milk supply following a disastrous decision two years ago to retrospectively cut milk prices to farmers.
Processor Murray Goulburn's unexpected milk price cut could force some farmers out of the dairy industry, according to producers.
That this House: (1) notes with concern the impact on the Dairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&raDairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&radairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&radairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&radairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains».
Exceeded targeted sales goals by 5 % during first year of employment.Delivered performance updates, quarterly business reviews and planning meetings.Negotiated rates to cut costs and benefit corporate partnerships.Answered customer questions regarding products, prices and availability.Directed and managed all functions of the dairy, frozen, produce and bakery departments.Evaluated department conditions and operations to determine strengths and areas for improvement.Provided performance feedback and coached employees with setting quarterly goals.Ran employee development program.Identified staff vacancies and recruited, interviewed and selected applicants.Identified strategic partnerships and gathered market information to gain a competitive advantage.
«We know that many people in Gippsland have been impacted by recent events or circumstances, including farmers with dairy industry price cuts, and workers and their families following the Hazelwood Power Station closure announcement,» Ms Huggins said.