Sentences with phrase «with global dairy prices»

Anything over $ 6 is good but we've got to be realistic and with the global dairy prices coming down, something had to give.»

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

Not exact matches

«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.

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.

That combined with persistently weak global dairy prices led to the profit downgrade.

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.

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.

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.

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.