A2 Milk expands in US

17 January 2018

Sustainable sales in California have encouraged a2 Milk to expand its business across the northeast region of the United States.

Dairy commodity prices rally

17 January 2018

Dairy commodity prices bounced back exceptionally well at the Global Dairy Trade (GDT) auction overnight, as buyers start to take note of weaker milk production from NZ.  

Fonterra cautious, ASB optimistic

16 January 2018

Fonterra’s December milk collection fell by 10 million kg of milksolids because of dry weather across New Zealand.

Milk powder prices to lift at GDT

15 January 2018

The NZX Dairy Derivatives market expects further increases in milk powder prices at the January 16 Global Dairy Trade (GDT) event. Lower supply levels from NZ as dry conditions continue to impact milk flows should help to support prices – at least for whole milk powder (WMP), where NZ is the key supplier. 

Palm kernel JV turns a profit

15 January 2018

International Nutritionals, the joint venture between Fonterra and Asian agribusiness giant Wilmar International, which sells palm kernel, returned to a profit in the latest year.

Futures prices up slightly

15 January 2018

Prices for dairy commodity futures trading on the NZX Dairy Derivatives market lifted last week.

Disease testing going national

12 January 2018

The Ministry for Primary Industries and its dairy industry partners are extending the Mycoplasma bovis milk testing under way in the South Island into a national milk surveillance programme.

Fonterra reduces offer volumes further

11 January 2018

Fonterra has decreased its Global Dairy Trade (GDT) offer volumes again – for the second time in as many events. It said the reduction in volumes is driven by the impact of dry weather on milk flows. NZ has been very dry since late 2017, and while there has been some rain this week, more rain is still needed for pastures to recover from their current poor condition, and therefore for milk production to improve. 

Big dairy farm demand falls

9 January 2018

There are noticeably fewer buyers around for larger dairy farms, according to professional dairy farm investor MyFarm Investments.

UK milk output revised up

9 January 2018

The United Kingdom’s Department of Environment, Food and Rural Affairs has republished milk production figures for every month in 2017, showing an increase in volumes across the board.