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New products aim to milk the dairy industry

Wednesday, 01 April 2015 16:41 Published in News & Updates

Milk may do the body good, but the volatility of the market shows no overall consensus on the matter. In 2014, U.S. milk sales reached record highs alongside record-high milk prices due to the increasing global demand dairy farmers struggled to keep up with. However, in 2015, those same industry results may not be the case.. Read more

Has dairy turned the corner?

Monday, 16 February 2015 08:37 Published in News & Updates

New Zealand - Lakeland Dairies chief executive Michael Hanley is expressing a degree of cautious optimism regarding the immediate prospects for the milk sector. “Without doubt, we are in a different place now compared to the pretty dire situation which the industry found itself in before Christmas,” he said..Read more

Milk Prices Could Return to $18 in 2015

Monday, 16 February 2015 08:24 Published in News & Updates

Here’s why dairy economist Sara Dorland believes dairy prices could rebound after June. Pushed lower by the world's surging milk supply, Class III prices are likely to continue falling until June, when they will begin rebounding to reach the $18 level by October. A re-balancing of supply and demand will spur the return of higher milk prices in the second half of 2015,..Read more

Ingredients for dairy price revival starting to fall into place

Friday, 13 February 2015 09:29 Published in News & Updates

The dynamics, including increased Chinese interest, required to spark a revival in dairy prices are beginning to slot into place, although the market is "unlikely to stage a dramatic recovery any time soon".Industry group Dairy Australia warned against expecting too much short term of a dairy market which has, at GlobalDairyTrade auctions,..Read more

No record milk prices in 2015

Monday, 09 February 2015 09:49 Published in News & Updates

USA - FREEPORT, Ill. — Dairymen should prepare for lower milk prices this year compared to prices they received in 2014. “We saw a record high milk price in 2014 at $26.30 per hundredweight,” reported John Newton, agricultural economist at the University of Illinois. “But this year is not looking so great..Read more