Fonterra affirms $5.30 milk price payout

Wednesday, 12 November 2014 16:31 Published in News & Updates

New Zealand - Fonterra chairman John Wilson has affirmed the world's biggest dairy exporter plans to pay its farmers $5.30 per kilogram of milk solids for the 2015 season. Wilson affirmed the payout in presentation slides for Fonterra's annual meeting in Palmerston North today. It also expects to pay a dividend of 25-35 cents a share,..Read more 

Dairy product prices rebound from five-year low

Friday, 17 October 2014 16:37 Published in News & Updates

New Zealand - Dairy product prices rose in the latest GlobalDairyTrade auction, recovering from the lowest level in five years, as gains in anhydrous milk fat and sweet whey powder outweighed declines in rennet casein and butter milk powder. The GDT average winning price rose 1.4% to US$2,640, up from US$2,599 two weeks ago..Read more 

Fonterra sets out how it sees the markets it operates in, assessing production, exports and its customers markets

Tuesday, 14 October 2014 15:47 Published in News & Updates

Global dairy market prices continue to fall with softening demand and steady supply driving world commodity markets. Milk production continued to grow in the key export regions. Demand for dairy continues to be impacted by the decrease in imports into Russia and the slow-down of imports into China..Read more 

No price rise in milk powder imports

Tuesday, 14 October 2014 15:41 Published in News & Updates

China - Consumers are unlikely to be hit by a price rise in imported milk formula this year even after eight European Union countries were fined for exceeding milk production quotas because the overall global supply has increased, experts said. Retailers in Shanghai have been cutting prices of imported milk formulas this year..Read more 

Rabobank forecasts low dairy prices for next 12 months

Tuesday, 07 October 2014 18:30 Published in News & Updates

 

Rabobank analysts are forecasting a protracted period of low prices in international and regional dairy markets and a substantial fall in the US market by early 2015. Dairy markets are in for a bearish ride over the next 12 months with falling prices exacerbated by a pullback in Chinese buying on the international market and Russia's ban..Read more