Displaying items by tag: Milk prices

Dairy Australia's next 'Situation and Outlook' report will be released on June 1, as a challenging season for many farmers approaches its end.

The low milk price is starting to bite Australian farmers.

Fonterra has revised its Australia farmgate milk price; from A$5.60/kgMS to A$5.00/kgMS for the current season.

Fonterra's Global Dairy Trade is set to expand its role in online trading and digital services.

The mayor of a district where dairying is a big part of the local economy says he's starting to see problems resulting from the downturn.

The unexpected slight lift of 2.1% in the GlobalDairyTrade price index last week was a tiny glimmer of light at the end of the tunnel, commentators say.

Helping farms through this tough patch and ensuring they maintain their low-cost advantage when the upturn arrives are key focus areas.

European farmers have different views on potential milk supply control measures that were recently discussed at a Council of EU agriculture ministers.

Profound changes in the overall structure of dairy markets and trade could have a lasting effect.

Fonterra chairman John Wilson says he is absolutely confident dairying will recover back to sustainable pricing levels for farmers.