Australia caught in game of currency roulette

While the world market for dairy products is in much better shape going into the 2017/18 southern production season, there are still a few risks that may weaken milk prices for Southern Australian dairy farmers.

Index rises on weak Aussie dollar

The Australian dairy export index continued to recover some of its recent lost ground over the past couple of months, with stronger commodity prices and a weaker Australian dollar.

Moderate gains as outlook lifts

GLOBAL dairy market analysts Freshagenda have released their latest forecast for 2016/17 and 2017/18 farmgate milk prices in southern Australia, and say the news is positive for farmers.

WMP and $A drive index lower

THE Australian dairy export index fell at the end of the first week of 2017 after four consecutive weekly rises, due to weaker WMP prices and a stronger Australian dollar.

Export index hits 30 month high

THE Australian dairy export index rose to its highest point since 14 April 2014 this week, reflecting stronger commodity prices and a weaker Australian dollar.

Mixed signals drive index lower

THE Australian dairy export index retreated slightly this week, down 0.7% due to a higher Australian dollar and despite stronger butter prices.

More changes at the top for MG

THE upheaval in senior ranks continues at embattled processor Murray Goulburn with the departure of Chief Operating Officer Fiona Smith.

Export index jumps 9%

The Australian dairy export index jumped this week, a weaker Australian dollar combining with mostly higher commodity prices to add 9%.

(Heather Harvey via Flickr)

THE Australian dairy export index rose 1.6% this week, reaching its highest point since March 2015, but it was all due to a weaker Australian dollar, as commodity prices were unchanged.

Mark Goebel via Flickr

FOR most of the past year, dairy market watchers, including us, have been focussed on the EU and to a lesser extent New Zealand.

Slight fall in export index

THE Australian dairy export index dropped 0.3% this week, on the back of weaker WMP and Cheddar prices and despite a weaker currency.

VDL to send fresh Tassie milk to China

THE ANNOUNCEMENT that Van Diemen’s Land Farms (VDL Farms) plans to export about 10 million litres of Tasmanian milk directly to China is good news for dairy farmers, according to the state’s peak industry body.

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When butter and chocolate collide

TWO New Zealand companies Lewis Road Creamery and Whittakers have teamed up to deliver what must be every dairy lover’s dream: chocolate butter.

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