Fonterra reports lower Q1 profit
18:20 | 08/12/2024
Milk price raised on strong demand
China's 2024 whole milk powder production to increase
20:59 | 06/09/2024
Increase due to higher raw milk production
Idaho’s Dairy Growth Has Been Dampened by Economics
20:07 | 04/02/2024
When you think of Western dairy producers, often you think of larger-scale dairies that continue to grow bigger. This certainly has held true in Idaho, where they currently average nearly 2,000 cows per dairy with a total of 340 dairies and around 650,000 cows in the state.
Argentina milk production expected to fall 2% in 2024
21:14 | 24/12/2023
Argentina milk production is forecast to fall over 2% in 2024 to 11.5 million tons, according to a recent USDA World Markets and Trade report for dairy.
U.S. Dairy Cows Continue to Push Inland
10:28 | 28/01/2023
The latest USDA Milk Production report released on Wednesday didn’t draw much change with a mere 0.8% increase in December’s milk production over the previous year, totaling 18.93 billion lbs. of milk. For the entire year, 2022 milk production grew by 0.2% over 2021.
Is the Great Financial Reset Now Underway?
16:59 | 18/12/2022
Dairy farmers are finishing a strong financial year, despite concerns about labor and feed costs, and those concerns are at the forefront of conversations as they enter 2023.
a2 Milk chairman to retire in late 2023
23:03 | 22/11/2022
New Zealand's a2 Milk Co Ltd said on Friday chairman David Hearn will be stepping down from the dairy major's board during its next annual general meeting in November 2023, reported Reuters.
Australia’s Dairy Problems Persist
23:11 | 15/11/2022
Once a powerhouse on the global dairy trade circuit, Australia’s dairy industry has been contracting due to successive long-term droughts, numerous heat events, and an ongoing labor crisis.
Methods to Capitalize on Record Milk Fat
22:10 | 21/09/2022
2022 hummed a different tune with higher milk prices compared to the previous year’s lackluster mailbox prices. While milk prices have dipped from this summer’s peak, spot butter prices have soared. Earlier this month, milk fat paid to dairy farmers hit a new record level at $3.24 per lb.
Milk Prices Finally Add a Bit of Green
11:05 | 03/09/2022
Light volume trade was witnessed in the dairy space on Friday. Just 350 contracts were traded in the most active Class III month of October. Futures markets added 16 to 45 cents in the 2022 months while 2023 saw Q1 gain 23-30 cents, Q2 was relatively unchanged, and Q3 lost 5-14 cents. Class IV markets in Q4 2022 jumped 30-50 cents. Many early 2023 months were up double digits as well.
