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Beef markets could weaken further over the next two months

Beef cattle prices have come under increased pressure in recent weeks and, as it stands, most factories are offering 380-385c/kg for steers and 390-395c/kg for heifers. There is a growing fear among producers that prices could weaken further in the coming weeks and months. This is particularly the case as beef cattle supplies are set to remain in a position of sur...
export, Irish beef sector, livestock breeding, beef

 
Milk prices increased in Oceania 

On July 27, Fonterra announced to the New Zealand farmers a forecast Farmgate Milk Price for the 2017/2018 season increased by 0.25 New Zealand Dollars, to NZD 6.75 per kilogram of milksolids (kgMS) or about 4.17 €/kgMS. Converted into milk, the price increased roughly from 29.7 to 30.9 €/100kg of milk 4.0% fat and 3.4% protein mass/mass (ref. Germany, current change of reference: 1NZD = 0.618&euro...
prices, milk, milk grades, industrial milk, world dairy market

 
Chinese dairy imports boost in June, cream exceeds butter 

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....
prices, import, dairy index, dairy market, dairy farm

 

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