Fonterra may have been braced for another plunge in commodity prices – but the scale of the latest globalDairy Trade auction slump is breathtaking.

Dairy import needs lowered in new Brazilian forecast

Brazilian authorities have upgraded their 10-year forecast for milk production in the country by almost 3 billion litres. While imports are expected to be half what they predicted last year.

Daily Price Update 03/08/2015: rising signs

The United States will bounce back from its current poor performance on world markets, says a leading analyst.

Big gains by EU SMP exporters - on smaller margins

European exporters have made major gains in export markets as third-country buyers take advantage of very much lower prices.

Dairy Companies Update: upbeat in adversity

Next week Fonterra is expected once again to lower its forecast milk price. It also faces a further potential slump in powder prices at the globalDairyTrade (gDT) auction.

Daily Price Update 31/07/2015: US cheese pleases

US cheese prices are moving higher – as milk powder prices go steadily in the opposite direction.

Intervention open longer in new EU dairy crisis measures

EU emergency support schemes for the dairy industry are to be extended into 2016, it was announced today (July 30).

China propping up lacklustre infant formula returns

Infant milk formula (IMF) manufacturers are managing to maintain market growth but with generally lower returns.

Daily Price Update 30/07/2015: higher than most

Prices are slipping this week in Poland to China. But both markets are showing relative strength in the current environment of low prices.

Daily Price Update 29/07/2015: EU SMP intervention widens

More EU countries sold skimmed milk powder (SMP) into intervention last week, while German and French milk production returned to normal levels follow...

EU dairy farmer price woes continue, more SMP into intervention

Average EU farm gate prices for milk last month were an estimated 9% lower than the average of the past five years, with further cuts expected, the Eu...

Lactalis dethrones Danone as world’s second-largest dairy company

In a changing of the guard, Lactalis, aided by a vigorous acquisition programme, edged into second position for the first time, ahead of Danone, accor...

Costa Rica to liberalize US milk imports

Costa Rican import tariffs will start to be phased out on milk imports from the US starting in January 2016, until they reach 0% in 2025, under the te...

Analysis: Dairy and sugar still TTP sticking points

Sensitive farm products such as dairy and sugar remain the key agricultural issues holding up agreement on a Trans-Pacific Partnership (TPP) agreement...

Intervention open longer in new EU dairy crisis measures

EU emergency support schemes for the dairy industry are to be extended into 2016, it was announced today (July 30).

Daily Price Update 28/07/2015: US butter dropping

Trading in Chicago shows falling expectations for American butter in the autumn

Daily Price Update 24/07/2015: US wait and see

US skimmed milk powder (SMP) has moved lower this week relative to European offers, but this may not result in greater volumes on world markets.

Mexican port hub offers dairy export potential

A new export hub for milk powder is opening up to Southeast Asia via Mexico’s Pacific coast.

China IMF sales turmoil in super-heated market

China's infant milk formula (IMF) market is suffering from too much competition and a slowing economy.

Dairy Companies Update: shifting partnerships

Danone is giving up on the unequal fight to maintain its presence in the Chinese infant milk formula (IMF) market and plans to sell its Dumex business to its Ch...

High temperatures impact on EU milk production

A heatwave throughout much of Europe is having a big impact on milk production, while in France the government has responded to farmer unrest by announcing a ne...

USDA announces changes to dairy import licensing program

The USDA has announced changes to the Dairy Tariff-Rate Import Quota Licensing Program with a view to suspend historical license reduction provision and modify ...