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

Second-half slowdown curbs 2014 dairy exports

Monday, 16 February 2015 08:12 Published in News & Updates

USA - U.S. dairy exports were up 6 percent year over year in 2014 with a significant slump in the second half of the year tempering aggressive buying in the first half of the year. U.S. dairy exports, which soared 22 percent in the first half of 2014, slumped in the second half of the year to finish 6 percent above 2013..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

Dairy expert sees down quarter, but many reasons for optimism

Wednesday, 24 December 2014 08:08 Published in News & Updates

USA - Though dairy farmers can expect their prices in the next few months to be much lower than they were this year, Pete Hardin sees much reason for optimism in the dairy industry going beyond that. "Maybe milk prices got a little too high and this is the market playing catch up..Read more