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‘First half of 2016 to remain difficult for dairy farmers’

December 8, 2015

The first half of 2016 will be critical for Irish dairy farmers, due to likely liquidity issues on farmers, according to Mark Voobergeb, of…

Glanbia launches fixed milk and feed price scheme for suppliers

November 4, 2015

Dairy

Glanbia Ingredients Ireland (GII) has launched a new Fixed Milk and Feed Price Scheme with a base of 30.25c/L (including VAT) at reference…

Glanbia’s ingredients business reports 14% revenue decline

November 4, 2015

Agri-Business

Glanbia’s Global Ingredients (GI) recorded a revenue decline in the first nine months of 2015 of 14.3%, according to the Groups interim management…

‘Coveney under pressure to agree Dairy Aid package’

October 30, 2015

Dairy

Farming organisations are seeking to have the full details of the EU Dairy Aid package agreed and, subsequently, paid out to farmers as…

European dairy farming has challenges, not a crisis – Hogan

August 27, 2015

Agri Politics

European dairy farmers are not in a ‘crisis’ but the sector has challenges, the European Commissioner for Agriculture Phil Hogan has said. Speaking…

‘Creating dairy demand – the best way to deal with oversupply’

August 24, 2015

Dairy

With all the commentary about ‘oversupply’ of dairy in the EU market, it is often overlooked that the best way to deal with…

New Zealand (not Ireland) worst hit by dairy downturn – Rabobank

August 21, 2015

Dairy

A new report by Rabobank says a combination of factors have conspired to see New Zealand prices hit far harder by the dairy…

Why did the dairy downturn happen? And why did no one predict it?

August 20, 2015

Dairy

It is impossible to identify a single causative factor for the fall in world dairy prices, but instead the collapse in the market…

‘Dairy farmers must be ‘brutal’ when cutting costs’

August 19, 2015

Dairy

Dairy farmers must know their costs, particularly during a difficult price period and be prepared to make ‘brutal’ cuts for the benefit of…

Some good dairy news at last – signs of market rebound next week

August 14, 2015

Dairy

This week dairy futures prices have surged off their lows, according to New Zealand bank ASB’s Rural Economist, Nathan Penny. He says the…

9 out of 10 Kiwi dairy farmers to take on extra debt this year

August 10, 2015

Dairy

Fonterra’s announcement that its 2015-16 Forecast Farmgate Milk Price is reducing from $5.25 to $3.85 means a further reduction of $150,000 for the average…

‘Dairy pickup is on the horizon, but it’s too early to say when’

August 10, 2015

Dairy

While the immediate prospects for the dairy industry are not favourable, the medium and long-term prospects for the industry are good, according to…

Fonterra forecasts farmgate milk price to drop below NZ$4/kg

August 7, 2015

Dairy

Fonterra has forecast that it will payout NZ$3.85/kgMS (€2.31)to dairy farmers for the 2015/2016 season. The move comes as Fonterra also announced forecast…