Displaying items by tag: milk price

Fonterra is again calling for applications by its farmers to lock in a guaranteed milk price (GMP) for the season.

Synlait Milk has set a forecast milk price for the upcoming 2015/2016 dairy season of $5.50/kgMS, saying they have confidence that commodity prices will recover.

A leading dairy farm consultant says he’s worried that this season’s low milk price will tip some young innovative dairy farmers out of the industry. 

Fonterra is expecting milk production worldwide to slow as the low price makes it unsustainable to milk cows.

Dairy prices are low and likely to stay that way a while longer, according to the latest ASB Farmshed Economics Report.

UK's biggest farmer-owned dairy cooperative is reducing its milk price and slashing jobs as part of a turnaround plan.

Primary Industries Minister Nathan Guy says farmers are resilient and will get through the low milk-price patch.

Fonterra has reduced its forecast farmgate milk price for the 2014/15 season from $4.70/kgMS to $4.50/kgMS.

Milk price volatility can have a silver lining, says Dave McCall, DairyNZ’s general manager R&D.

On the back of declining international milk prices Westland Milk Products has reduced its predicted payout for the 2014-15 season.