Mexico needs to increase milk production in response to demand
Farmers celebrate World Milk Day with a series of conferences offered via the Internet. Milk consumption is 15,288 million liters, while production is 12,437 million liters. There are 250 thousand units of milk production from specialized and dual-purpose cattle; 96% have less than 100 heads, so the dairy is dominated by micro, small and medium producers.
Dairy demand down for some time
Food service demand for dairy products will be a long time recovering from covid-19, dairy analysts believe.
Indians Stocking Up Milk Help Lift Dairy Shares During Lockdown
Parag Milk, Heritage Foods surge about 90% since March 24
Demand and supply of milk intact while input costs dropping
NZX Dairy Derivatives market reaches new open interest record
Last week, NZX’s dairy derivatives market reached a new daily open interest record.
Covid-19: Milk consumption down 25% in one month as eateries remain shut
Dairy farmers’ realisation plunges Rs 5-7 a litre; Household consumption of milk products rises.
Fonterra would be "willing and able" to adjust its milk prices paid to farmers
S&P Global Ratings sees Fonterra’s flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity.
The Taranaki farmers who took on a $81bn bank – and won
Newsroom’s Nikki Mandow tells the extraordinary story of the Taranaki dairy farmers who unwittingly got caught in the world of high finance, got shafted by the ANZ Bank following the global financial crisis, refused to take a Commerce Commission-brokered settlement because it was worth only a tiny fraction of what they had lost, took the country’s biggest bank to court – and against the odds, won.
Milk, cheese, and baby formula – mooing for more
Bega Cheese (BGA, $4.69) CEO Barry Irvin believes the change is more structural – it will endure long after the rain starts falling again. This emerging milk scarcity is moulding the strategy of the country’s only listed scale processor that sources 1.1 billion litres of milk – 10% of total supply – annually.
Electronic trading brings anonymity. Understand how CME dairy spot markets function
By Sherry Bunting, Reprinted from Farmshine, February 9, 2018 CHICAGO, Ill. — The CME dairy spot markets have been evolving since arriving in Chicago after a tumultuous past on the Green Bay Cheese Exchange, writes Ronald K. O’Brien, II, a dairy market risk specialist and geostrategist. He is director of global derivatives for Interfood, multidimensional […]