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Tuesday, February 13, 2024
Fonterra increases FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd has increased its 2023/24 season forecast Farmgate Milk Price on February 12, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS.
Thursday, January 18, 2024
Thailand may approve price increase of boxed milk
Thailand's Commerce Ministry is expected to consider and approve an increase in boxed milk prices if producers submit their requests for an adjustment, in line with higher raw milk production costs.
Wednesday, January 10, 2024
Weak milk prices, bad weather blamed for sharp drop in Ireland's 2023 milk production
The steep fall in Ireland's milk production figures for 2023 was down to several factors including milk price at below the cost of production and extremely difficult weather conditions that had cows being housed earlier than normal, accordi ...
Monday, October 9, 2023
Fonterra revises FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd raised on October 9 the 2023/24 season forecast Farmgate Milk Price range to $6.50 - $8.00 per kgMS, with a new midpoint of $7.25 per kgMS, up 50 cents.
Tuesday, August 8, 2023
Fonterra revises its FY24 forecast farmgate milk price
Fonterra Co-operative Group has reduced its 2023/24 season forecast farmgate milk price range from AUD 7.25 – AUD 8.75 (~US$4.73 – US$5.71; AUD 1 =US$0.65) per kgMS, with a midpoint of AUD 8.00 (~US$5.22) per kgMS, to AUD 6.25 & ...
Tuesday, June 27, 2023
Labour shortages on Australian dairy farms contribute to rising milk prices
Barry Irvin, the executive chairman of Australian-based Bega Cheese, said that labour shortages on Australian dairy farms are playing a role in the increasing prices of milk for households in the country, Financial Review reported.
Tuesday, June 13, 2023
Irish dairy farm incomes could halve due to falling milk prices and rising costs
The incomes of dairy farmers in Ireland are at risk of being halved in 2023 compared to the high levels seen last year due to a sharp reduction in milk prices and soaring production costs, Agriland reported.
Wednesday, May 31, 2023
Lactalis Australia reduces farmgate milk price, dairy farmers concerned
Dairy farmers in Australia's Queensland and New South Wales have voiced their dismay and frustration following the announcement of a farmgate milk price reduction by milk processor Lactalis Australia from AUD 0.87 (~US$0.56; AUD 1 = US$0.65 ...
Thursday, May 25, 2023
Fonterra updates farmgate milk price, brings forward capital return payment date
Fonterra has announced on May 25 an opening 2023/24 season forecast Farmgate Milk Price of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, updated its current season forecast Farmgate Milk Price, increased its full year earnings ...
Wednesday, April 12, 2023
Irish Farmers' Association issues warning on further milk price cuts
The Irish Farmers' Association (IFA) is concerned about the impact of further milk price cuts this month on dairy farmers in the country, Agriland reported.
Tuesday, January 3, 2023
Report by Ireland's Teagasc sees milk prices likely to drop by 15% in 2023
Ireland's Teagasc has forecast a drop in global milk prices and a hike in feed costs this year.
Monday, November 14, 2022
Seoul Dairy Cooperative to increase prices of milk by 6.6% next week
Seoul Dairy Cooperative, the biggest milk producer in South Korea, will increase the prices of its Seoul Milk products by 6.6% starting from November 17, 2022 due to the rising prices of raw milk, Korea JoongAng Daily reported.
Thursday, June 23, 2022
Canadian milk prices rising following dairy commission second hike
The Canadian Dairy Commission will increase wholesale milk prices on September 1 by 2.5%, a rare move intended to partially offset the effects of inflation on dairy farmers, the Hamilton Spectator and Canadian Press reported.
Friday, May 20, 2022
Croatian dairy farmers say milk farm gate price not enough to cover input costs
Croatian dairy farmers met with Marija Vučković and Zdravko Marić, the country's Ministers of Agriculture and Finance, to tell them that the milk farm gate price is not enough to cover input costs, Total Croatia News reported ...
Friday, May 13, 2022
UK milk prices steadily increasing since mid-2021
UK milk prices have been steadily increasing since mid-2021 in line with better market returns, but the high prices are also intended to slow down declining milk output in the country, the UK Agriculture and Horticulture Development Board r ...
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