Sentences with phrase «of global dairy prices»

«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.»

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.

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.

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.

«This imbalance and the challenge of lower prices continuing for longer than anticipated is a global issue, which dairy farmers around the world are increasingly grappling with.

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.

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

But he stopped short of saying what he believed the price should be, saying next week's global dairy trade auction could alter his calculation.

Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy sector, which has a 17 per cent share of global cheese exports.

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.

Australia's biggest dairy processor, Murray Goulburn, has warned farmers of possible milk price cuts this season amid a souring environment for global dairy markets.

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.

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.

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.

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.

Analysts expect dairy prices to improve at this Wednesday's Global Dairy Trade auction after wet weather hampered the start of the peak months for milk producdairy prices to improve at this Wednesday's Global Dairy Trade auction after wet weather hampered the start of the peak months for milk producDairy Trade auction after wet weather hampered the start of the peak months for milk production.

One undeniable pattern within the current global dairy market over the last 13 months has been the emergence of a number of similar investigations into allegations of dairy price fixing occurring from the US to the Mediterranean region.

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.

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.

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.

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.

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 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).

GDT Events Global Dairy Trade is known for setting the benchmark for prices of globally traded dairy ingrediDairy Trade is known for setting the benchmark for prices of globally traded dairy ingredidairy ingredients.

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.

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.

The average price at recent Global Dairy Trade auctions, considered a barometer of international demand, have been flat.

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.

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.

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).

According to the company's SEC filings, food price increases during 2013 have made them more wary of the effects of global warming on their food, and the company expects there to be «additional pricing pressures on some of those ingredients, including avocados, beef, dairy and chicken during 2014.»