Sentences with phrase «global dairy prices»

The latest increase reflects the continued upward movement in global dairy prices in recent times.

Fonterra last week affirmed its payout guidance, although chairman John Wilson said it was dependent on global dairy prices rising in the first half of next year from current unsustainable levels.

Chairman of Fonterra, John Wilson, said the 2015/16 season has been incredibly difficult for farmers with global dairy prices at unstainable prices.

Fonterra's announcement follows sharp gains in global dairy prices at the fortnightly GlobalDairyTrade auctions over the past two months.

This compares with its prospectus forecast of $ 89 million, and previous warnings to investors that its net profit would be between $ 66 million and $ 86 million if global dairy prices didn't recover as expected.

This compared with its prospectus forecast of $ 89 million, and previous warnings to investors that its net profit would be between $ 66 million and $ 86 million if global dairy prices didn't recover as expected.

FAO's Global Dairy Price Index, which consists of butter, skimmed milk powder (SMP), Whole Milk powder (WMP) and casein price quotations, dropped to an average of 229 points, following an average of 234 in February.

Mr Helou predicted global dairy prices to lift in the year ahead, as big exporting countries New Zealand and the US reduced supply.

That combined with persistently weak global dairy prices led to the profit downgrade.

Fonterra chief executive Theo Spierings expects global dairy prices will start to lift later this year.

THE lifting of production quotas in the European Union, an import ban by Russia and a stockpile of dairy produce in China are among the factors contributing to a poor global dairy price.

«The anticipated recovery of global dairy prices, particularly over the next two years, should help boost the bottom line of dairy cattle farmers who have struggled over the past five years.»

With a willingness to outbid others, they have played a major role in the increases in global dairy prices over the past year.

Decreasing global dairy prices, dry conditions and high input costs are tightening margins for Australia's dairy farmers, and reducing national milk production, according to the latest Situation and Outlook report from Dairy Australia.

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.

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

However, Bord Bia said prospects for Irish dairy exports in 2017 look positive: Recovering global dairy prices and increased demand from key global dairy importers and anticipated stronger oil prices should help exports.

As supply increases from producers in the Southern hemisphere and demand growth slows the currently high global dairy prices are expected to ease somewhat, according to market analysts.

Last week's FGMP forecast increase reflects the lift in global dairy prices since July, Fonterra said.

Russia's ban on imported agricultural products, including dairy products, is due to end in December 2017, boosting global dairy prices, says an industry report.

«Additionally, stockpiles of dairy products built up over the past five years will likely diminish over the next two years, placing further upward pressure on global dairy prices,» the report says.

Last August Theo Spierings, the chief executive of the world's biggest dairy exporter, Fonterra, said the Australian farm gate price did not reflect the collapse in global dairy prices, which have more than halved in the past two years.

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

Global dairy prices have fallen around 60 % since early 2014, but the severity and unexpected nature of the recent slashes to milk prices were unprecedented.

Global dairy prices may have recovered over the past year but that does not mean that dairy producers and processors in the UK are creaming off high profits.

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.

As a result, global dairy prices have rocketed upwards, increasing by over 45 % in the second half of 2016.

Anything over $ 6 is good but we've got to be realistic and with the global dairy prices coming down, something had to give.»

Federated Farmers Northland dairy chairman Ashley Cullen said the latest forecast price was not surprising given that global dairy prices have been on a downward trend in the last two months.

Fonterra has increased its farm gate milk price (FGMP) forecast for the 2015/16 season following a recent lift in global dairy prices.

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.

Global dairy prices were down 2.4 per cent from March after seven months of steady growth, according to the latest figures from the Food and Agriculture Organisation (FAO).

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.

Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.

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.