BVA president Gudrun Ravetz.

British vets are nervous about changes that may arise from Brexit, says British Veterinary Association (BVA) president Gudrun Ravetz.

René Dedoncker.

Fonterra says improving global dairy prices and a revamp of its operations have enabled a rise in the farmgate milk price to Australian suppliers.

International dairy commodity prices have recovered markedly in recent months, as global supply and demand slowly balance, according to Dairy Australia’s latest Situation and Outlook report.

With Australian farmers focussed on the big wet across the country’s south, let’s look at the background -- how the dairy market is behaving, and what it means for farmgate prices.

Global milk production has fallen faster than expected in recent months, with the resulting rally in global dairy markets expected to be sustained into 2017, according to Rabobank.

Australia's milk production is set to fall significantly in the 2016-17 season due to the damage caused to farm cashflows and industry confidence after the late cuts to milk prices in April this year.

 

» Latest Print Issues Online

Milking It

Tuck in with impunity

Cheese lovers can breathe easy. Cheese, milk, and yogurt have been labelled ‘drugs’ of the food world. But are they…

‘We’ll see you right’

An ambulance service for cattle has begun in northern India’s Uttar Pradesh state in a bid to protect animals sacred…

 

» Connect with Dairy News

 
 

Markets

South Island wool sale eases

South Island wool sale eases

The 4700 bales on offer saw a 74% clearance with mixed results, however all prices paid locally are still above…

Wool continues to ease

Wool continues to ease

The 7250 bales of North Island wool on offer saw a 72% clearance with most types easing further.