ARCHIVES
Europe gets milk future
22 September 2017
The European Energy Exchange (EEX) has announced plans to launch a liquid milk future in the first half of 2018, subject to the approval of the Exchange Council.
AgriHQ revises down milk price forecast
21 September 2017
AgriHQ has revised down its milk price forecast for the current season to $6.54/kg of milksolids (MS). The revision follows the relatively lackluster prices which prevailed at the Global Dairy Trade (GDT) event held earlier this week.
Synlait to make own brands
19 September 2017
Synlait is looking to develop its own consumer brands as part of its next growth phase after a year of consolidation and recording its strongest financial performance yet.
Wet conditions hamper milk production
19 September 2017
Wet conditions under foot have resulted in a slow start to the New Zealand milk production season.
Prices for milk price futures contracts ease
18 September 2017
The September 2017 milk price futures contract trading on the NZX Dairy Derivatives market had its last trading day last week, though there was no further trading for this contract ahead of it closing. It closed off at $6.15/ kg of milksolids (MS). This contract will settle in early October, after Fonterra announces its final milk price for the 2016-17 season.
Open Country complains of raw deal
14 September 2017
Talley’s-controlled Open Country Dairy wants the Commerce Commission to take a harder line on Fonterra’s asset beta in the review of the 2016-17 base milk price, which risks restricting rival processors from accessing raw milk if it’s set too low.
Positive start for Australian dairy season
8 September 2017
Australia has started its new 2017-18 milk production season off well, with July production up 2.7% year on year.
Milk powders knock AgriHQ milk price forecast down
7 September 2017
The AgriHQ farmgate milk price forecast for the 2017-18 season lost 10 cents today, falling to $6.65/kg of milksolids (MS).
Muller lets farmers lock in milk price
29 August 2017
Muller has launched the first phase of its Muller Direct Futures contract as part of a drive to help manage milk price volatility.
More Australian farmers join Fonterra
28 August 2017
Fonterra picked up more than 50 new farmers in Australia in July as troubled co-op Murray Goulburn’s loss appears to be Fonterra’s gain.
