All eyes on NZ milk supply
All eyes are on milk production in New Zealand and its impact on global dairy prices in the coming months.
Total milk production in New Zealand decreased 2% in January compared to the same month last year, says Fonterra.
Milk production for the 12 months to January is down 2% on the same period the previous year.
It says for the remainder of the New Zealand production season production will continue to be influenced by changes in farming systems, such as decreased stocking rates and supplementary feeding, as farmers respond to the low milk price environment.
Australian production in December decreased 4% on the same month the previous year. Production for the 12 months to December was up 1% on the same period the previous year. However, the rate of growth continues to slow as pasture growth conditions have deteriorated due to dry weather in many dairying regions.
NZ exports increased 6% in December compared to the same month the previous year, with increases seen in most major dairy categories, excluding WMP and SMP. Exports for the 12 months to December increased 4% on the same period the previous year. An increase of around 117,000 tonnes for the 12 months was largely driven by cheese up 18%, SMP up 7% and AMF up 5%, but partially offset by butter down 5% and WMP down 3%.
Australian exports increased 1% in December on the same month in the previous year. Significant increases in cheese, up 26%, and fluid and fresh dairy, up 6%, were almost fully offset by WMP, whey powder and SMP, whichwere all down.
Exports for the 12 months to December remain strong, up 7% on the same period in the previous year. This is largely due to SMP being up 23%, cheese up 14%, and fluid and fresh dairy up 9%.
'Common sense' cuts to government red tape will make it easier for New Zealand to deliver safe food to more markets.
Balclutha farmer Renae Martin remembers the moment she fell in love with cows.
Academic freedom is a privilege and it's put at risk when people abuse it.
All eyes are on milk production in New Zealand and its impact on global dairy prices in the coming months.
Claims that some Southland farmers were invoiced up to $4000 for winter grazing compliance checks despite not breaching rules are being rejected by Environment Southland.
According to the most recent Rabobank Rural Confidence Survey, farmer confidence has inched higher, reaching its second highest reading in the last decade.
OPINION: The war of words between Southland farmers and Environment Southland over winter grazing inspections reflects a deep lack of trust…
OPINION: Milking It understands a formal disciplinary process is being conducted by Victoria University of Wellington on what one of…