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.

 
The Dutch queen with F2F winners.

Rabobank’s Farm 2 Fork (F2F) summit in Sydney was all about food – but briefly became about fashion as Dutch Queen Maxima took to the stage with husband King Willem-Alexander to congratulate winners in the Food Bytes! competition.

Beef + Lamb chair James Parsons.

European farming leaders are truly concerned about Britain’s planned exit from the European Union, says Beef + Lamb NZ chairman James Parsons, just home from his annual visit to Europe.

John Droppert, analyst with Dairy Australia.

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.

Origin Green chief executive Aiden Cotter.

Origin Green, a scheme that verifies the sustainability of Ireland’s food and drink production, now has 100% of the country’s dairy farmers and 90% of beef farmers signed up to its extensive auditing.

Irish sheep and beef farmers are blaming Britain’s planned exit from the European Union (Brexit) for lower-than-normal prices for their stock.

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.

International dairy commodity prices have staged a remarkable recovery in recent months, as global supply and demand slowly return to a more balanced outlook.

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.

Brexit has thrown up huge uncertainty for farmers within and outside the European Union (EU), says the president of the Irish Farmers Association (IFA), Joe Healy.

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.

 

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