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Dairy futures prices dropping
16 October 2017
Prices for dairy commodity futures trading on the NZX Dairy Derivatives market dropped back further last week.
Positive start for Australian milk
12 October 2017
Australia’s dairy industry has entered a period of recovery with a promising seasonal start, Dairy Australia’s latest Situation and Outlook report says.
Stronger outlook for milk powders lifts AgriHQ milk price
5 October 2017
The AgriHQ farmgate milk price forecast for the 2017-18 season has lifted 15 cents to $6.60/kg of milksolids (MS).
Dairy futures prices firm
2 October 2017
The price of milk price futures and whole milk powder futures trading on the NZX Dairy Derivatives market have lifted over the past week.
MG fate worries farmers
29 September 2017
Questions are being raised about the direction of Tasmania’s dairy industry after Fonterra confirmed it has put in a bid for embattled processor Murray Goulburn.
Westland confident of holding suppliers
28 September 2017
Westland Milk Products is confident it can retain disgruntled shareholders with the prospect of a return to paying a competitive price for their milk after lagging behind rival dairy companies in the past two seasons.
Fonterra wants to work with MG
27 September 2017
Fonterra has put a proposal to Murray Goulburn that would see Australia’s two biggest dairy processors working together and might go some way to expanding its milk pool across the Tasman, Fonterra Australia managing director Rene Dedoncker has confirmed.
Milk price futures to settle for first time
25 September 2017
The September 2017 milk price futures contract will settle at $6.12/kg of milksolids (MS).
Fonterra finalises 2016-17 at $6.12/kg MS
25 September 2017
Fonterra has confirmed its 2016-17 milk price at $6.12/kg of milksolids (MS), three cents lower than it forecast for last season. The dividend is 40c per share which makes the total cash payout available to a fully shared up farmer $6.52/kg MS.
US milk supply pressures processors
22 September 2017
United States milk processing capacity is struggling to keep pace with supply growth and dairy co-ops are increasingly looking for ways to discourage producers from expanding.
