Sentences with phrase «weak dairy prices»
In Ireland weak dairy prices are pointing to falling profits for the Irish Dairy Board this year, even though the company sales are up.
https://www.dairyreporter.com/
The New Zealand dollar may fall this week on concern about the impact on the local economy of slower Chinese growth, weak dairy prices and low inflation.
Not exact matches
prices for milk and other dairy products in Canada are among the highest in the world (incentives to control costs are weak when prices are indexed to costs)
That combined with persistently weak global dairy prices led to the profit downgrade.
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.
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.
The FAO food price index rose in August to its highest point since May 2015, as increases in dairy, oils and sugar offset weak cereal prices.
Two UK milk processors have announced milk price cuts for June citing strong supplies and weak dairy markets.
In February, Murray Goulburn lowered its forecast profit to $ 63 million on the back of weak dairy commodity prices.
Revenue totalled $ 263.6 m (A$ 366.8 m) in 1H FY2016, down 1.5 % from 1H 2015, with weak dairy commodity prices for bulk cheddar cheese and whey powder adversely impacting sales revenue.
INVESTORS and dairy farmers are bracing for the worst from Murray Goulburn as weak commodity prices, rising debts and the soaring dollar look set to savage the co-operative's earnings and milk price forecasts.
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.
Soaring dairy commodity prices and a weaker Australian dollar have helped Victorian dairy group Warrnambool Cheese & Butter more than double its half - year profit to $ 31.3 million.