Executive director of the Global Dairy Platform, Donald Moore, recently told an Australian audience that the biggest future threat to the world dairy industry could be synthetic milk.
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.
It’s strange times for the global dairy market, and one of the crazier things we’re seeing is how the butterfat market has performed lately.
Dairy farmers want simpler payment systems and more market intelligence from their suppliers, according to a survey commissioned by the Union Dairy Company and co-funded by the South Australia Dairy Industry Fund.
The 2016 US presidential election and Brexit vote brought a serious reality into our lounge rooms and onto our computer screens: the plague of fake news swaying society in a post-truth world.
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.
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.
THE Australian dairy export index retreated slightly this week, down 0.7% due to a higher Australian dollar and despite stronger butter prices.
The Australian dairy export index jumped this week, a weaker Australian dollar combining with mostly higher commodity prices to add 9%.
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.