Daily Price Update 26/02/2015: global highs and lows

Global ‘benchmark’ prices do not show the whole picture, as our round-up of international dairy prices shows.

Quality milk powders growth drives multinational profits

Two leading global dairy operators have reported solid results and a good outlook ahead in what has been a tough year for many companies.

NZ drought concerns persist as Fonterra maintains payout forecast

Fonterra has given a thumbs up to its milk suppliers – telling members it will be sticking to its current forecast payment for the 2014-15 season despite "uncertainty" about milk production in the current droug...

Daily Price Update 25/02/2015: lower output keeps it keen

A continued lull in market activity is dragging on German skimmed milk powder (SMP) prices, with ADPI extra spray dipping 1.4% this week.

Algeria stocks up on milk powder after record-breaking year

Algeria bought around 40% more milk powder on the world market last year than the 12 months before, according to just-released full-year customs figures.

Digital dragons drive China infant formula sales growth

A Chinese e-commerce site that enables consumers to buy infant milk formula (IMF) directly from abroad has attracted USD100 million from investors just nine months after launching.

Dairy growth can be profitable and green, say Dutch

Dutch dairy output was down -2% in January, as milk producers ease back on output to avoid superlevy fines. Industry body ZuivelNL also says that this...

Kremlin to provide state aid for crisis-hit dairy majors

Some of Russia’s biggest dairy companies are to get state aid as a result of the western trade embargo and the on-going economic crisis.

Russian cheese ban that isn't, as trade figures fudge trade gap

Russia is tying itself in knots over its embargo on western dairy products. First it is imposing a ‘ban’ on already banned Polish cheese and secondly ...

Daily Price Update 23/02/2015: higher stocks, lower prices

Higher milk production and heavier stocks are weighing on US prices today (February 23).

Over-quota EU milk producers to get payment lifeline

EU milk producers who will be hit with a superlevy penalty for 2014/15 are set to be allowed to pay the money over two to three years,interest-free, i...

Arla forecast caution after 'rollercoaster' year for dairy co-op

Arla Foods says it has achieved one of its best results ever last year in a market impacted by volatility and international politics. However, it is c...

Danone IMF sales bounce back, yoghurt curdles

Danone’s infant milk formula (IMF) sales have returned to pre-crisis levels, says the company in its full-year results update, but its fresh dairy div...

Europe's export surge: where did all the SMP go?

EU skimmed milk powder (SMP) traders had a remarkable 2014 – selling an extra 240,000 tonnes onto world markets. But where did it all go?

Analysis: India set to overtake China in economic growth stakes

India will overtake China to become the world’s fastest-growing major economy in the next two years, according to a new World Bank forecast. It predicts that India’s gros...

Daily Price Update 19/02/2015: New Year drop

A slowdown in China dairy prices comes as a surprise in a week when millions of Chinese are celebrating their lunar New Year.

Daily Price Update 20/02/2015: US export stream picks up

US milk powder has climbed on buyer concerns over reduced supplies from Oceania and attempts to lock in purchases before prices edge up further.

Daily Price Update 16/02/2015: US bull market continues

US futures trading continues to defy conventional market logic if today’s dairy product prices are any guide.

Daily Price Update 18/02/2015: buyers look to Europe

Market conference and a weaker euro are creating greater global demand for European dairy products. And prices have responded, as our latest dashboard shows.

Cees ’t Hart quits dairy co-op to join beer giant

Cees ’t Hart is standing down as head of the Dutch dairy co-op FrieslandCampina to become head of the brewer Carlsberg.

UK dairy farmer confidence high despite short-term price pain

The UK’s dairy farmers are suffering from a sharp slump in global dairy prices, government ministers were told yesterday (February 11). But long-term confidence...

Canada's cheese leaders want lion's share of EU quotas

Canada’s major dairy processors are lobbying hard to be allocated most of the new tariff-quota cheese imports that are on offer as part of the country's new tra...