Sentences with phrase «global dairy commodity»

Another spike in global dairy commodity prices should mean a bit more cream on this season's Fonterra payout and a positive payout start to the new season, but the record prices will likely run out of road after mid-year, economists suggest.

Michael Harvey, a senior analyst (dairy) with Rabobank, said he was optimistic for the Australian industry after global dairy commodity prices started to firm from the middle of 2016.

«Whilst in recent weeks we have seen some recovery in the market, unfortunately, the overall global dairy commodity markets remain weaker than last year, which continues to impact on our returns.

«The increase reflects the recovery in global dairy commodity markets, combined with the continuing strong performance of Arla's global brands, and the benefits from a series of efficiency improvements instigated in the first half of the year coming through.

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.

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 push into more branded consumer products comes after the price of global dairy commodities has more than halved in the past two years.

Not exact matches

«The continued expansion of world demand, resulting from global population and economic growth and increasing preference for dairy products are expected to be the main drivers, fuelling EU exports and sustaining commodity prices,» said the EC report.

But the New Zealand dairy giant's chief executive Theo Spierings, said this was too high and did not reflect a collapse of global prices for key dairy commodities.

He said this was because the co-operative was shifting away from producing commodity products, which now account for about 30 per cent of its total production, and had not sold anything on the Global Dairy Trade auction since 2013.

But he warned that could slide to $ 5.60 - $ 5.90 a kilogram if global prices for key dairy commodities did not improve as expected.

Some pressure is still expected to build on global commodity prices in this year's second quarter, in line with the northern hemisphere milk peak, Rabobank's latest dairy quarterly says.

Dairy farmers are urging Ireland's leading milk processors to raise their September milk price to reflect EU global commodity trends.

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.

Dairy commodity prices rose today the third time running on the Global Dairy Trade (GDT) auction platform.

Commodity prices on the Global Dairy Trade (GDT) platform rose 9.9 % yesterday - the fourth increase in a row.

Topics include: * WMP — Global Dairy Currency * Butterfat and Skim — Storable Commodities * Who, What, Where

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.

The majority of internationally traded commodity dairy products traded in the latest Fonterra Global Dairy Trade auction event sold for higher prices, arresting a series of price slides dating back to Decembdairy products traded in the latest Fonterra Global Dairy Trade auction event sold for higher prices, arresting a series of price slides dating back to DecembDairy Trade auction event sold for higher prices, arresting a series of price slides dating back to December 6.

Bell Potter notes Bega has been the beneficiary of favourable dairy commodity pricing and a consolidating sector, but has now «closed its discount on global peers».

The Victorian co-operative's managing director, Gary Helou, said strong global demand for dairy commodities had helped drive a $ 207 million rise in half - year revenue to $ 1.24 billion.

Global dairy prices leapt up in January rising more than any other group of food commodities in the monthly Food Price Index, published by the UN food agency.

Fonterra chairman John Wilson says there is less global demand for commodities, including dairy.

The Global Dairy Trade (GDT) Price Index, a weighted average of percentage changes in dairy commodity prices on the Fonterra owned platform, has risen 42.2 % over the last three auctDairy Trade (GDT) Price Index, a weighted average of percentage changes in dairy commodity prices on the Fonterra owned platform, has risen 42.2 % over the last three auctdairy commodity prices on the Fonterra owned platform, has risen 42.2 % over the last three auctions.

Stronger international prices of cereals and dairy drove global food commodity prices up in March, marketing the second month of a consecutive increase, according to the latest data from the UN's Food Agriculture Organization (FAO).