Wednesday, July 6, 2022

CATEGORY

Dairy

Significant slowdown in global milk production: Rabobank Dairy Quarterly Q2 2022

While global milk production is set to have decreased for at least four consecutive quarters from Q3 2021 to the current quarter Q2 2022 expectations of weakening demand are creating a scenario for moderate price declines in dairy commodities during the second half of 2022, Rabobank says in its latest global Dairy Quarterly report.

Dairy deadline an opportunity for industry partnership

NSW Farmers is encouraging dairy farmers to work with processors to secure the best farmgate deal possible for their milk, with the deadline for processors to publish their supply contracts around the corner... “Sustainable relationships are important, and farmers should work with processors to position their businesses for growth on the back of these prices.”

Norco to increase purchase price of milk to help farmers with flood recovery

Norco dairy farmers are to receive an immediate price increase of five cents a litre to support them in farm production after the floods. Norco Co-operative’s 281 members will receive the extra five cents a litre paid as a co-operative premium above the normal milk prices, taking the average price to 84c a litre.

Dairy prices – how high for how long?

Farmgate milk prices have increased significantly across the world’s major dairy export regions and further “upside” in milk prices remains, Rabobank says in its latest Rabobank Global Dairy Quarterly report. The report says that even before the Russia-Ukraine conflict, global dairy commodity prices were “soaring” due to a global supply shortfall.

Two dairy farmers meeting the demand for milk after the floods

In the aftermath of the flood, bread and milk have become important commodities. With delivery trucks from Brisbane delayed, dairy farmers Shane Hickey and Julia Curtis have stepped up to get milk to as many places as they can ... In the past few days, they have widened their delivery service ... Dave’s Bakehouse in Kyogle is flat out making bread ...

Three day sickness in cattle alert

Cases of Bovine Ephemeral Fever, also known as three-day sickness, are being seen in cattle on the NSW North Coast. The disease has been confirmed via laboratory testing in a herd within the Kyogle shire, and there have also been reports of clinical signs of the disease in the Tweed and Brunswick shires. It is expected that the disease will move south as the season progresses.

JD debate risks farmers confidence in DPIRD’s consultation processes: WAFarmers

Trevor Whittington. Last week the Minister asked in the Farm Weekly, what more could they have done to consult with industry on the outbreak of BJD. For WAFarmers and the Minister to end up exchanging letters in the Farm Weekly it is a clear sign of a breakdown in communications between industry and the Department.

Cow of the Year accolade for Jessica

Kirstin Nicholson. “She’s not a lollipop cow, she mixes it with the others, but then she likes to get dressed up and get fancy and do well for us": Steven Hore, Elmar Holsteins.

On the road to recovery: Finish delivers water tanks to Aussie farmers impacted by drought

A Victorian farmer has received a donation of a critical 22,500L tank and water to help assist in the recovery from drought thanks to the #FinishWaterWaste initiative. Almost half of Australia’s farms are serviced by the Murray-Darling Basin’s Victorian waterways, including dairy farmer Fiona Rourke’s property near Shepparton.

Where to next for commodity prices as La Nina officially arrives

On the back of strong cattle and grain prices, the NAB Rural Commodities Index is now almost 20% higher than the same time in 2020, according to the bank’s November Rural Commodities Wrap. With a La Nina event now officially underway, the prospect of a wet summer for eastern and northern Australia could see grass fever push record cattle prices even higher, while grain prices are also rising.

FutureFeed: Asparagopsis update

As the only IP holder globally for Asparagopsis, Australian innovation start-up, FutureFeed, is the founding authority on the natural seaweed that helps fight climate change and produce more food with fewer resources. Built from strong scientific foundations based on proven results, FutureFeed exists to support the growing use of Asparagopsis as a natural ingredient for livestock to significantly reduce carbon emissions.

Rabobank 2021 Global Dairy Top 20

New leader, sustainability, dairy alternatives, and changing demographics shaping the future. Rabobank’s annual Global Dairy Top 20 report shows the combined turnover of the top 20 industry leaders fell by just 0.1% in US dollar terms, following the prior year's 1.8% gain.

Dairy riding the wave of high commodity prices

At the half-way point of 2021, Australian agriculture appears set for another strong year with the NAB Rural Commodities Index up 2.5% month-on-month in May to now be 6.2% above the same time in 2020. NAB’s June Rural Commodities Wrap, released today, reports that dairy farmers are among the producers enjoying the flow-on effects of good prices and strong seasonal conditions across many parts of the country.

Rabobank Dairy Quarterly – returning to normal but risks abound

Global dairy prices continue to trade at elevated levels, despite being “stuck in neutral” for the past three months, as the market slowly returns to normal from the pandemic-led channel distortion, according to the latest Rabobank Global Dairy Quarterly report.

Elders upbeat on earnings with a positive crop outlook

Agribusiness Elders, reporting a strong lift in sales and profit for the half year to March, is upbeat on the rest of the year with improved winter cropping conditions and good cattle prices. Sales at Elders were up 22% to $1.1 billion and statutory profit was 31% higher at $68.2 million.

Milko makes cow-to-cup deliveries

The milko is back — the clinking of glass bottles, the layer of cream at the top of the milk — harks back to a time long gone. Dairy farmer Shane Hickey delivers fresh bottled milk straight from his Jersey cows to homes around Kyogle ... Shane said bypassing the supermarkets meant people could connect to a farmer who “farmed in a way that was ethical and sustainable”.

Rabobank Dairy Quarterly – demand to take the driver’s seat in 2021

Demand will take the driver’s seat in 2021, as global dairy markets look towards a “palpable return to familiar consumer patterns” by mid-year, the latest Rabobank global Dairy Quarterly report has found.

Sanitarium and UNSW breaking new ground in plant-based product segments

The Future Food Systems Cooperative Research Centre (CRC) has welcomed Australia’s longest-established plant-based health-food manufacturer, Sanitarium Health Food Company™, into its consortium. Australia’s iconic health-food brand is set to work with UNSW food-technology specialists in CRC projects to improve the functional properties of innovative plant-based protein products, starting with its Barista dairy-free milk range.

Australian agriculture looking to profitable year ahead – industry outlook

Australia’s agricultural sector is set to enjoy an overall profitable year ahead – underpinned by high commodity prices, positive seasonal conditions and low interest rates, and despite expected continuing trade tensions with China – according to a newly-released industry outlook.

Aussie dairy exports to Japan go paperless

All milk and dairy products exported to Japan must now be exported using electronic certificates, following negotiations between the Japanese Ministry of Health, Labour...

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