dairy prices
Dairy prices continue to fall, says Rabobank
International dairy markets continue to suffer from low prices according to Rabobank’s latest Dairy Quarterly report, though the rate of decline in the price of dairy commodities has slowed compared to that seen in the third quarter of 2014. Exceptional milk production growth in export regions in the last nine months has outstripped weak local […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Chinese imports drop by 12.6%
New Zealand dairy giant Fonterra’s published figures have shown a decrease of 12.6% for Chinese dairy imports year on year, according to the company. WMP fell by 50% in September. The country is said to be buying less due to drawing down of current stocks. China purchases about two thirds of the world’s trade in […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
The reach of Russia’s ire
Russia’s ban may have global implications beyond Europe, Carmen Paun reports
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Russian dairy ban will have global impact, says EDA
By Carmen Paun, in Brussels The ban imposed by Russia at the beginning of August on dairy products from the European Union (EU), US, Canada, Norway and Australia will cause disturbances on the European and world markets, the European Dairy Association (EDA) warned the European Commission on 13 August. This is due to a redirection […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
FAO reports reduced dairy prices globally
The FAO of the United Nations has released its latest report on global dairy prices and trends. Internationally, dairy product prices fell sharply in April 2014, following indications of market weakness in March. Consequently, they have returned to a level similar to early 2013. The main contributors to the current situation are a strong opening to the milk production […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
European democracy?
The Ukraine’s crisis may have far-reaching effects for the European Union’s agricultural policies, Joan Noble says
Business & trade, Dairy processing, Dairy science, End products, Ingredients, Regulatory, Sustainability
Polish potential and dairy strength
The news that Poland is now one of the EU’s largest dairy suppliers comes as no surprise to those within the industry. The infrastructure is well-suited to dairy and grazing and the input costs are lower than in the rest of the member states. Indeed, Poland has showed the rest of the world what becoming a member of the […]
Dairy drives Irish exports, says Bord Bia report
Irish dairy exports have increased by 15% this year to top €3 billion for the first time, according to the report, Export Performance & prospects in Irish Food, Drink and Horticulture 2013/14, released by Bord Bia, the Irish Food Board. Tight global supples and a spike in Chinese demand saw international dairy prices reaching record levels, and although they […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Dairy prices to stay up, says Rabobank
Agribank analysts Rabobank say that ongoing strong demand from China will keep dairy prices high for at least the first half of 2014. Export supply increases seen since September have been largely absorbed by the country, which has recently culled two million dairy cows. Whole milk powder has held above $5,000 (€3651) per tonne and […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Australian dairy industry feels volatile
The dairy produce wholesaling industry in Australia has benefited from increases in world dairy prices over the past five years, but has been adversely affected by the volatility in industry production, according to a report from IBIS World. Declines in milk production have occurred because of drought conditions, and dairy production in Australia and New […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Getting one’s goat cheese
Alarm bells have been ringing in the British tabloid newspapers over the news that the price of goat cheese is set to soar for the upcoming Christmas season. This is the result of more than 50,000 animals being culled due to Q fever on the Continent a few years ago. Suddenly consumers will be seeing […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Dairy imports set to grow to meet Chinese appetite for milk
Throughout China the demand for milk is rising. This is for many reasons; small-scale farmers leaving the industry, large-scale farms still being in the development stage (not enough cows) and the Chinese demand for more milk, according to agricultural banking analysts Rabobank. Now this means that China have had to import more milk from other […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Rabobank says dairy rally is supply-side driven
International dairy prices peaked at record levels in April, just 10 months after the last market trough, according to agricultural analysts Rabobank. Although the market blew off some steam in mid-June, with prices falling 10% to 12%, they remain exceptionally high by historic standards, according to Rabobank’s latest quarterly dairy report. The price rally is […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients
Rabobank charts slow recovery in dairy prices
The slow recovery in international dairy prices that began in August continued through into the final quarter of this year, but failed to gain much momentum, according to Rabobank’s latest dairy market report. The agricultural bank expects milk production growth in key export regions to continue to fall below prior levels in the first half […]
Business & trade, Dairy processing, Dairy science, End products, Ingredients