Displaying items by tag: Milk prices

Fonterra and its global peers believe future prices will show that the dairy market is not as imbalanced as the current prices indicate, John Wilson says.

Global dairy prices are unlikely to start rising until later this year, weighed down by European production and global economic uncertainty, says Fonterra chairman John Wilson.

Federated Farmers is calling for the Government to apply diplomatic pressure with European countries wanting to move backwards towards more regulation.

The low milk payout has dented farmer co-op LIC's half-year results.

Global dairy prices have slumped for the fourth straight time this year.

While dairy faces another tough year, Rabobank foresees a generally strong year ahead for most other agricultural sectors.

The world economy has veered into difficult and dangerous waters, suggesting 2016 will be a long hard year of slow recovery in prices in global food commodity markets, including dairy.

Another fortnight passes and we have another lacklustre Global Dairy Trade result and Fonterra confirming it has revised its milk price for the current season (2015-16).

Analysts are now picking a dairy price recovery by the end of the year. Haven't they said that for the last three years?

Farmgate and commodity prices are weighing heavily on farmers' minds.