Displaying items by tag: dairy prices

Global Dairy Trade prices are coming back relatively quickly and Fonterra expects whole milk powder prices to keep climbing over the next six months, says Fonterra chairman John Wilson.

The latest Global Dairy Trade (GDT) auction has delivered more good new for dairy farmers.

Dairy farmers will be feeling some relief this morning with the latest Global Dairy Trade auction seeing its third consecutive rise.

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.