US farmers don’t want a repeat run

With the US dairy industry now it in its fifth year of low prices and third year of trade wounds, president and CEO of the National Milk Producers Federation in the US, Jim Mulhern looks at what could come next.

DairyAmerica is the largest milk powder producer in the country.

The largest milk powder producer in the US, DairyAmerica is coming back to Global Dairy Trade (GDT), re-launching skim milk powder on July 16.

 
 
Ireland has 1.34 million cows.

With the UK’s Brexit scheduled for April 1, 2019, discussions in Ireland are centred on tariffs, with a general call for a ‘soft’ Brexit that would allow present cross-border agreements to apply in the foreseeable future.

 
Trade tensions between President Donald Trump and President Xi Jinping are worsening.

As you read this, the factors affecting the outlook for global commodity markets are finely balanced, with much swinging on the weather – so there’s nothing new. 

Australian farmer Chris Nixon has fed out his total storage of 5000 tonnes of dry matter and continues to buy hay and grain.

With feed costs almost doubling, one drought-stricken Australian dairy farmer has been deciding to regularly sell livestock. He would like the government to provide rate relief for farmers affected by drought.  

Irish Times columnist Fintan O’Toole.

There is now a 50:50 chance Britain will crash out of the European Union without any sort of deal concluded, says a recognised Irish commentator.

Milk production in Australia is ahead by 3-4% over last season.

Australian dairy farmers produced an estimated 650 million litres in March, an increase of 2% on March 2017. 

Dairy Australia senior industry analyst John Droppert chaired a panel discussion on volatility in the dairy industry. Here are excerpts:

Fonterra says its launch of Farm Source in Australia is another way of growing its partnership with farmer suppliers.

European dairy co-op Arla Foods will spend $850 million this year to expand its business.

While overall dairy exports from New Zealand and Australia are declining, the European Union is showing strong export growth, says Fonterra’s November Global Dairy Update.

 

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