Sentences with phrase «in global dairy prices»

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

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.

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.

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.

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.

The prices have also been pushed northwards by a 3 per cent dip in New Zealand dairy production, which accounts for 23 per cent of the global cheese exports.

A price recovery in the struggling dairy industry may still be a year away according to the giant global agricultural lender Rabobank.

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.

Fonterra chief executive Theo Spierings said the Australian farm gate price did not reflect the global dairy rout and called for an «honest debate about what is being earned in the market».

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.

He noted that dairy cooperatives in Ireland are responding more positively to events on global markets, adding that prices are also rising sharply in Great Britain — and said that some processors in Northern Ireland are buying milk cheaply from local farmers and selling it on a booming spot market for up to 35 pence (43 cents) a liter.

«It is still early in the season, and we expect continuing volatility as reflected in price improvements in recent Global Dairy Trade auctions.

Chairman John Wilson said the farmgate milk price forecast has been reduced due to the continued significant imbalance in the global dairy market between weak demand and surplus supply.

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.

Where the price for dairy products on the global market has gone up by 80 per cent in the past few years, farm returns have risen only 15 per cent.

It is essential that co-ops would at all times put Global Dairy Trade results, both positive and negative, in proper perspective, including when they decide on February milk prices, IFA Dairy Chairman, Sean O'Leary has said.

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

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.

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

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.

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.

The weakening dollar is offsetting declines in global grain prices on the back of a strong international crop and is a tailwind for Victoria's dairy farmers.

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.

Fonterra, which accounts for 20 per cent of total global dairy trade and is the second - largest milk processor in Australia, estimates the price gap between powders and other products has had a negative $ NZ800 million ($ 725.5 million) impact.

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.

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.

Despite this global drop in prices, Bord Bia added that the Irish dairy sector «performed strongly» during 2012.

Following a price crisis for world dairy farmers earlier in the decade, global prices for milk and other dairy products look set to grow strongly during 2017.

«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.

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

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.

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.

To help our global dairy food manufacturing customers remain competitive in the face of these price pressures, we've developed Vitex AYS,» he said.

Dairy product prices bumped higher again at the latest Global Dairy Trade (GDT) auction in the wake of cyclones Cook and Debbie.

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.

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.

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.

The global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this market expansion and an era of elevated pricing will create as many challenges as opportunities for key players along the dairy supply chain.

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.

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).

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.

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.

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.

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In July, butter hit $ US6004 a tonne ($ 7545) at the Global Dairy Trade auction — the highest price since auctions began in 200In July, butter hit $ US6004 a tonne ($ 7545) at the Global Dairy Trade auction — the highest price since auctions began in 200in 2008.

Fonterra Cooperative Group, the world's biggest dairy exporter, raised its forecast milk payout for the second time in a month, responding to signs a three - year global price slump is coming to an end.