Displaying items by tag: Doug Steel

Farmgate milk price forecasts by at least two banks, ASB and BNZ, have now been hiked upwards to $5/kgMS for the 2015-16 season.

Milk prices were down again in international markets last week but the New Zealand dollar’s drop means prices are up in our money.

Farmers should expect “something around $5.00/kgMS” when Fonterra this week announces its opening forecast for the new season.

THE IMPACT of Russia’s dairy ban on global dairy prices may be waning. The emergence of a ‘grey market’, allowing some Russian allies to buy milk from Europe and re-export it to Russia, is easing downward pressure on prices.