Milk Link CEO Neil Kennedy says market conditions for the next year will likely remain challenging
with dairy commodity returns «sharply down» in comparison with historical prices in the short term.
With the dairy commodity markets recovering strongly, milk buyers could in theory shift milk into commodities to improve their margins.
Not exact matches
Dairy foods constitute the second largest agricultural commodity in Washington with about 437 dairy farms in Washington and an average of 625 cows per
Dairy foods constitute the second largest agricultural
commodity in Washington
with about 437
dairy farms in Washington and an average of 625 cows per
dairy farms in Washington and an average of 625 cows per farm.
But
with the majority of
dairy farmers supplying to Murray Goulburn and Fonterra, and the bulk of these companies» operations being focused on milk
commodities for export, fresh drinking milk is a very small part of the picture for most
dairy farmers.
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.
«The National Government and Fonterra's preoccupation
with growth at all costs is making the
dairy sector more vulnerable and less resilient to swings in world
commodity prices as well as drought and extreme weather events,» Sage said.
Looking forward, the expectation is that
dairy commodity prices will «generally remain in touch»
with current levels through the second quarter of 2010.
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.
So Peruvian
dairy company Laive has teamed up
with advertising gurus J. Walter Thompson to create a campaign that connects football to
dairy, through that currently - valuable
commodity — butter.
«The closure of butter and powder operations at Chard is in line
with our strategy to increase our focus on developing our added value and branded businesses and will significantly reduce our exposure to the
commodity ingredients market,» said
Dairy Crest Group chief executive Drummond Hall.
For example, he said while China brought in 50 per cent less
commodities in the past 12 months, it bought 50 per cent more
dairy foods compared
with 2014.
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.
With the value of the dollar rising, US
dairy exports are falling. DairyReporter.com's US
dairy commodities expert, John Geuss, explains why...
«The increase reflects the recovery in global
dairy commodity markets, combined
with the continuing strong performance of Arla's global brands, and the benefits from a series of efficiency improvements instigated in the first half of the year coming through.
«
Dairy Crest has changed from the predominantly commodity focused, UK based business that it was fifteen years ago to an added value dairy food company with a significant profit stream from continental Eu
Dairy Crest has changed from the predominantly
commodity focused, UK based business that it was fifteen years ago to an added value
dairy food company with a significant profit stream from continental Eu
dairy food company
with a significant profit stream from continental Europe.
Ireland's «highest ever»
dairy exports were aided by the closing price gap between world and EU
commodity markets,
with full year figures forecast to reach $ 2bn, according to Teagasc.
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.
As a
dairy producer or processor, you deal
with perishable inventory, whose value changes as
commodity markets fluctuate.
PETER RYAN: And while changing economic forces are hurting Australian
dairy farmers
with plunging
commodity prices, Gao Yingxin says China can't get enough
dairy products and will want more as its demographics continue to change.
We also sat down
with our CEO, Jeff Engler,
dairy strategist and head
commodity trader, to discuss the all - time high butter prices and what your company can do to combat price volatility in the butter and
dairy industry.
Conventionally - farmed
dairy is a
commodity that, when paired
with government subsidies, can be mass - produced and widely distributed in a profitable fashion.
A report on the
commodity program published by Public Voice asserts that firmly entrenched
dairy policies are a major impediment to the federal governments's goal of providing children
with school lunches that meet U.S. dietary guidelines.
As evidenced by the outcry when a TV chef equated eating pork
with eating puppies, the majority of us meat and
dairy eaters would desperately like to hold on to the notion that farm animals are somehow «different», and hence can be treated as a pure
commodity.