Sentences with phrase «dairy prices fell»

In 2016, dairy prices fell to $ 14.50, the lowest price since 2009.

Dairy prices fell for the second time in a row at the latest GlobalDairyTrade auction, but analysts say the 3.9 per cent average decline has not changed the positive outlook for farmers this season.

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

Not exact matches

Tops» finances, which were never strong after Curci led the management buyout in late 2013, deteriorated further over the past three years as competition heated up and some food prices, especially on meat and dairy products, started to fall.

But price pressures had «eased slightly» in some districts as gasoline prices and dairy and crop costs fell.

Global dairy prices have fallen since 2013, but Canadian consumers have not benefited.

Arla Foods amba board director, Jonathan Ovens, said he hoped that the news would restore farmers» confidence in the dairy industry after 18 months of falling prices.

By Keith Nuthall Serious concerns were raised at the European Parliament over the impending abolition of European Union (EU) milk production quotas, as dairy prices continue to fall.

In its quarterly report on the dairy market, Rabobank said key commodities in USD prices fell 10 to 15 per cent in the first two months of the year before stabilising in the first half of March.

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.

Speaking to delegates today, Raymond said by utilizing every possible tool, dairy farmers could explore potential benefits to help recover from the latest market downturn — average farmgate milk prices fell from 34.55 ppl in November 2013 to 19.89 ppl in June 2016.

Against this backdrop, the company faces a class action, is being investigated by ASIC and the competition regulator ACCC has taken legal action in the Federal Court, alleging unconscionable conduct and misleading farmers in relation to forecasting a milk price of $ 6.05 when it allegedly knew dairy commodity prices were falling globally.

Canadian dairy giant Saputo has reported a profit decrease of more than CAD$ 6m for Q1 fiscal year (FY) 2013, attributing the result to a fall in the average price of cheese in the United States.

«The dairy business over the past three years has been impacted [by falling prices].

Sen. Kirsten Gillibrand (D - NY) wants to add a milk price floor that triggers payments to dairy farmers if prices fall below a certain point.

Dairy farmers have welcomed the Victorian government's million - dollar assistance package in the wake of falling milk prices, but say more needs to be done to tackle financial and emotional distress in the long - term.

Major dairying and juice communities, including those in in Bega, Wagga Wagga, Bathurst, Dubbo, Tamworth and Murrumbidgee are also expected to be affected by falling demand, caused by higher prices at the checkout and should not be threatened by another green tax adding unnecessary cost to their products.

«At the root of this price surge is prolonged hot, dry weather in Oceania which has led to milk production falling off steeply and a concomitant reduction in the processing of dairy products,» said an update from the FAO.

The average milk price for dairy farmers in the reporting period, 25.2 eurocents ($ 0.287) per kilo (4.10 % fat, 3.41 % protein), fell below the German national average (26.7 eurocents ($ 0.304) / kilo) and DMK's goal.

It has attributed the dairy price increase to the «hot, dry weather» currently being experience in Oceania — more specifically New Zealand, where the drought has led to a steep fall in milk production in the country.

International milk prices fell while volumes increased in this month's first auction held by New Zealand's Fonterra Co-operative Group, the world's biggest dairy exporter.

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.

Northland Rural Support Trust co-ordinator Julie Jonker said the recent fall in global dairy milk prices came on the back of decent payouts in the last couple of years.

Australian milk production has plunged 20 per cent to about 9 billion litres a year, while farm prices have fallen, leading in some cases to bank foreclosure.But Mr Rowley said these factors strengthened the case to create a listed dairy farm: «From 2007 to 2011 China tripled dairy imports and dairy demand is 10 billion litres a year, which is more than the whole of Australian production.»

The Bord Bia report, Export Performance & Prospects: Irish Food, Drink, and Horticulture 2012/13, estimated that the value of Irish dairy and ingredients exports fell by 2 % to $ 2.66 bn in 2012 - a decrease it attributed to a «significant softening in prices» in the first half of the year.

Cluss added that the seasons are having a bigger and bigger effect on global dairy prices as Oceanic countries fill the gap left by falling EU production.

«In particular, American dairy producers have faced both falling prices and unfair Canadian policies that are undermining their ability to sell into the Canadian market,» Bennet said.

The Global Dairy Trade (GDT) Price Index declined by 3.1 % today - the first fall in the average price on the platform since the beginning of AuPrice Index declined by 3.1 % today - the first fall in the average price on the platform since the beginning of Auprice on the platform since the beginning of August.

Dairy commodity prices fell 7.9 % at the latest Global Dairy Trade (GDT) auction - the third decrease in average prices on the platform in a row.

Fonterra has dismissed calls for the Global Dairy Trade (GDT) online auction platform to be suspended after a tenth consecutive fall in prices.

Fonterra, the world's largest dairy exporter, is reducing its workforce by more than 500 in the face of falling milk prices.

Currently Germany is more price competitive although the difference between the countries has narrowed significantly since the sharp global fall in dairy prices last year.

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 part two of his November 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, butter and «rapidly» falling cheese prices, as well as a look ahead to December.

High dairy prices meant Hershey's operating margins fell to 3.1 per cent for the quarter ended 1 July, compared to 17.3 per cent for the same period in 2006.

For the year, global dairy wholesale prices fell by over 10 %.

UK farming union pleas calling on dairy companies and cooperatives not to talk down the market may fall on deaf ears, as indicators from Australia suggest the global economy is dictating farm gate prices.

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.

In Ireland weak dairy prices are pointing to falling profits for the Irish Dairy Board this year, even though the company sales ardairy prices are pointing to falling profits for the Irish Dairy Board this year, even though the company sales arDairy Board this year, even though the company sales are up.

The newsletter didn't provide forecasts of how far Fonterra expects dairy commodity prices to fall.

International dairy prices now stand in «a more comfortable range» but a spike in EU production this spring could spark another major fall, according to Rabobank.

Prices at the Fonterra globalDairyTrade auction have fallen sharply for the second month running, prompting the dairy to warn farmers of a lower than forecast payout.

Global dairy prices could dip in the coming months as Chinese and Russian demand falls but any downward movement is likely to be limited, according to Rabobank.

The dairy farmer has since recovered almost fully but now faces a «bleak» future due to falling milk prices.

Dairy product prices fell at the Global Dairy Trade auction, declining for the third time in four auctions, amid concern about extra supply.

1 pm: Farmers attend a dairy summit in Westminster to discuss falling milk prices.