Displaying items by tag: EMMA HIGGINS

Falling dairy prices in recent months are putting this season’s forecast milk payout under strain.

New Zealand dairy farmers can expect a lower farmgate milk price for the 2020/21 season, according to a new report from agricultural banking specialist Rabobank.

Rabobank has lifted its forecast milk price for this season by 45c to $7.60/kgMS.

The global dairy market looks set to remain firm through the coming six months, says Rabobank’s latest global Dairy Quarterly report.

Softer whole milk powder (WMP) prices are not surprising given China’s strong import activity recently and the steadily increasing WMP pricing, says Rabobank dairy analyst Emma Higgins.

Rural banker Rabobank is forecasting a milk price of $7.15/kgMS for the new season.

Obtaining premium prices to pay for higher costs of production is the next challenge for farmers, says Rabobank dairy analyst Emma Higgins.

Whole milk powder, butter and cheese prices were the big drivers of the eighth bounce in a row for the Global Dairy Trade (GDT) last week, says Emma Higgins, Rabobank dairy analyst.

The Global Dairy Trade (GDT) auction continues to deliver good news for dairy farmers.

With the lowering of the farmgate milk price comes the squeezing of margins.