Displaying items by tag: dairy prices

The past year has tested many assumptions made about the world dairy market, most importantly that there was a once-bottomless market being driven by the urbanisation miracle occurring in China.

Queensland farmers have received a sobering message about the effects of a supermarket war on the price of milk and dairy products.

Like many in the agri sector I was more than happy to see dairy prices rise sharply in the August 19 GlobalDairyTrade (GDT) auction. 

The rural sector will need a major financial re-set as a result of the current low dairy prices, says the director of business, innovation and strategy at Massey University, Professor Hamish Gow.

Landcorp's profit has taken a massive hit in the past year mainly because of the downturn in the dairy industry. 

The rural sector will need a major financial re-set as a result of the current low dairy prices, says the director of business, innovation and strategy at Massey University, Professor Hamish Gow.

Fonterra is losing control – control of correctly predicting the mood among commodity buyers and correctly predicting how dairy prices will fare.

Your old mate sympathises with the plight of the country’s dairy farmers and how the falling payout is impacting their financial stability.

Spend on the right things and control your costs: that’s DairyNZ’s message to farmers struggling to make ends meet as global dairy prices keep tumbling.

Oversupply is still the underlying weakness affecting dairy prices, says ASB rural economist Nathan Penny.