Sentences with phrase «high global dairy prices»
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.
https://www.dairyreporter.com/ Not exact matches
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.
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.
Global Dairy Trade (GDT) says it has found the prices achieved for Skim Milk Powder Ultra High Temperature (SMP UHT) in Trading Event 207 reflected multiple bidders» strong needs to secure higher quantities of product than were offered in the Trading...
The impact of the slide in dairy prices at the latest global dairy auction could have been worse if the value of the New Zealand dollar was higher, Federated Farmers says.
«We have lifted profitability from last season to this season, resulting in higher earnings per share to help offset low global dairy prices.»
Slowing economic growth in New Zealand's top export market, China, and a global oversupply of milk products have seen dairy prices plummet after reaching record highs in 2013.
Dairy product prices bumped higher again at the latest Global Dairy Trade (GDT) auction in the wake of cyclones Cook and Debbie.
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.
An expected increase in global dairy production is unlikely to alleviate current industry concerns over high milk prices, according to findings by the US Department of Agriculture (USDA).
China's appetite for dairy imports is growing again and US consumers are eating more butter and cheese, but recent improvements in global prices are set to be swamped by an even higher tide of milk production from Europe.
In July, butter hit $ US6004 a tonne ($ 7545) at the Global Dairy Trade auction — the highest price since auctions began in 2008.
The dairy industry is emerging from drought into better global prices, but faces ongoing high costs and trouble finding workers.
The report said the global dairy market had already been well on its way to a correction in 2014 - from previous record - high prices.