ARCHIVES
Milk price softens on back of weak auction results
21 December 2017
The AgriHQ milk price forecast has fallen on the back of the weak results at the latest Global Dairy Trade (GDT) event and a price correction in futures contract trading on the NZX Dairy Derivatives market. The AgriHQ forecast for the 2017-18 season now stands at $6.09/kg MS, down nine cents from our previous forecast.
Dairy commodity prices retreat
20 December 2017
A sharp drop in prices at the Global Dairy Trade (GDT) auction held overnight was not the result NZ farmers were looking for ahead of Christmas. The GDT Price Index fell 3.9%, its largest drop since early March.
Milk output not affected by dry
1 December 2017
Recent dry weather in New Zealand has not affected milk production yet but if it continues it will curb supply during summer.
Fewer cows but more milk
27 November 2017
New Zealand’s milking herd numbers fell again in the 2016-17 season but milk production per cow reached new heights.
Good move or gutless betrayal?
22 November 2017
Dairy farmers are ready to tackle the perception the sector has no social conscience and lacks accountability, Federated Farmers dairy chairman Chris Lewis says.
South American growth no threat
6 November 2017
South American dairy output is set to grow but the impact on global trade is unlikely to pose a serious threat to New Zealand’s dairy export business.
Oceania milk production falters in September
27 October 2017
NZ milk production was down 1.3% on a milksolids (MS) basis in September, totalling 207 million kg MS.
Fonterra cuts milk volume forecast
16 October 2017
Fonterra has lowered its forecast milk collection from 1575 million kilograms of milksolids to 1540m for the 2017-18 season.
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.
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.
