Battle for milk
OPINION: Fonterra may be on the verge of selling its consumer business in New Zealand, but the co-operative is not…
DairyNZ is committed to supporting dairy farmers following the announcement by Fonterra of an opening forecast farmgate milk price of $4.25/kgMS for the 2016-17 season.
New Zealand's second biggest dairy cooperative Westland Milk Products has released a budget for the 2016-17 dairy season of $4.55 - $4.95/kgMS.
The last significant in-season drop in the price of milk to suppliers was in 2008, and that doesn't take a long memory to recall: it is hardly ancient history.
Dairy Australia's next 'Situation and Outlook' report will be released on June 1, as a challenging season for many farmers approaches its end.
Fonterra has revised its Australia farmgate milk price; from A$5.60/kgMS to A$5.00/kgMS for the current season.
The mayor of a district where dairying is a big part of the local economy says he's starting to see problems resulting from the downturn.
The unexpected slight lift of 2.1% in the GlobalDairyTrade price index last week was a tiny glimmer of light at the end of the tunnel, commentators say.
OPINION: Fonterra may be on the verge of selling its consumer business in New Zealand, but the co-operative is not…
OPINION: What does the birth rate in China have to do with stock trading? Just ask a2 Milk Company.