News

China confirms the trend of imports of high-value-added products. On the other hand, imports of semi-finished products (such as milk and powders) decrease. Overall, in March 2017, there was an increase in unit prices on a trend basis (as compared to March 2016). Exports from Europe grows, specially in baby milk&rsquo...

While avoiding court action, Fonterra will be forced to pay Australian farmers $64m for reducing milk price last year. Even though Fonterra has escaped court action by the competition authorities over last year’s milk price cut, it will still be forced to repay farmers this money under its milk supply contract w...

Figures for the past two months show that milk production is falling back in Europe's second-largest dairy producer. France has reported its full figures for March, showing a 1.24% drop in milk collections compared with the same month last year. This means a 27m-litre drop in production. Since then, weekly survey...

Purchase milk prices pass from a course of decreasing trend. Analytical department of Association of Milk Producers of Ukraine announced this information. According to the last monitoring since May 5th, average price for extra grade milk lost 0.17 UAH/kg, an...

Purchase milk prices continue to collapse last week. Analytical department of Association of Milk Producers of Ukraine announced this information. According to the last monitoring from April 25, the average price for Extra grade milk lost 0.08 UAH/kg...

National Livestock Chairman Angus Woods has said the cattle trade is continuing to kick on with a base price of €4.05/4.10 for steers and €4.15/4.20 for heifers. He said some strong prices for bulls have also been offered with a flat R/U price of €4.15/kg. Cows have also improved with €3.65/3.70 for R grade cows and U grades at €3.75. Mr ...

EU-28 is the main cheese exporter in the world. In the first two months of 2017 the EU-28 cheese exports rose by 7.7% in volume and 10.2% in value (+55 million euro) compared to the same period of 2...

The latest figures show that infant milk formula (IMF) exports to China were up last month compared with March 2016. Ireland is the second largest origin for Chinese IMF imports, coming behind the Netherlands, which sent 7,221t of IMF. Last month Ireland exported 3,629t of IFM, up from 3,528t exported in March last...

New Zealand’s second-largest dairy company, Open Country Dairy, has announced an increase of 0.55c/kg (2.6c/l) for its opening milk price.  This brings the new season’s forecast to between $6.25 and $6.55/kg milk solids (29.94-31.38c/litre). The company circulated a statement to its suppliers stating it had seen the market recove...

Purchase milk prices continue to collapse losing about 0.30 UAH this week. Analytical department of Association of Milk Producers of Ukraine announced this information. According to the results of the first quarter, Ukraine produced 1.97 million tons of milk, which is 10...