Daily Price Update 29/05/2015: US WMP down

US whole milk powder (WMP) prices are responding to global pressure – down -11% this week to levels below those in Europe and other global markets.

UHT tipped for growth as big inventories pinch China powder demand

China’s large inventories will continue to put a brake on dairy imports this year, according to a US assessment.

Dairy companies update: feeling the heat

A perfect storm of lower international milk prices, less raw milk and rising production costs have contributed to a net loss for Argentina’s largest dairy company.

Daily Price Update 28/05/2015: higher Czech prices

Poland joins other major EU producers whose skimmed milk powder (SMP) prices are hovering just above intervention levels.

Russia widens dairy supply net and threatens Belarus duty hike

Russia is widening its net of dairy suppliers as the trade embargo is ‘softened’ but drags on. At the same time it is making things harder for its supposed allies.

Fonterra trims milk price, but raises hopes going forward

Fonterra has revised down the price it expects to pay its farmer members for the 2014/15 milk season. But it is more optimistic about the year ahead.

SMP sales growth helps lift NZ milk powder exports

New Zealand has sold slightly more milk powder this year, despite the drastic drop-off in Chinese buying.

Daily Price Update 27/05/2015: hovering above intervention

EU skimmed milk powder (SMP) prices are hovering just above the intervention price – and at their lowest since the financial crash.

FAO pinpoints key markets as global trade edges up

Trade in dairy products is forecast to grow by 2.7% in 2015 to 74 million tonnes of milk equivalent, as a result of strong milk production in exportin...

Daily Price Update 26/05/2015: US inventories build

US cheese prices continue to trade well above global averages. Meanwhile both cheese and butter inventories are rising.

China infant formula withdrawn after quality rules breach

Ten Chinese milk formula (IMF) makers have been forced to shut their processing lines, and 48 products withdrawn from sale, over breaches to regulatio...

Global dairy auction to invite feedback on how it operates

Reforms to the running of the globalDairyTrade auction are to be put out for public consultation in a few weeks’ time.

Europe's exporters re-double efforts to overcome embargo losses

European cheesemakers are still taking a hit from the Russian trade embargo – but while overall EU earnings are down -17% year-on-year in the first th...

Indian dairy dumping fears behind self-sufficiency claim

Indian dairy chief R.S Sodhi believes India will become neither a major exporter nor big importer over the next decade.

Exclusive: US dairy chiefs speak out on TTIP and vexed GIs

Negotiators at a 10-day Diplomatic Conference in Geneva this week approved a strengthening of the international registration system for protecting names that identify the...

Halt to whole milk powder price slide, but skimmed down again

Fonterra’s actions to shore up whole milk powder (WMP) have worked – with the price stabilising at the globalDairyTrade auction today (May 19).

Daily Price Update 22/05/2015: US mozzarella up

Despite falling US dairy prices in recent weeks, there is little optimism among sellers – at least those pursuing international sales.

Brazil's leading dairies forge ahead with greater milk output

Brazil’s leading dairy processors outstripped national average milk growth last year, with output expected to continue to rise in 2015.

Daily Price Update 21/05/15: China IMF hit by new scandal - updated

Prices of infant milk formula (IMF) in China had dipped this week following news that China’s Food and Drug Administration has blacklisted some domestic dairy c...

Dairy companies update: Dutch, Germans lead M&A drive

The farmer members of the leading Dutch cheesemaker DOC Kaas have agreed to merge with Germany’s leading dairy company DMK.

Exclusive: US dairy chiefs speak out on TTIP and vexed GIs

Negotiators at a 10-day Diplomatic Conference in Geneva this week approved a strengthening of the international registration system for protecting names that id...

China dairy imports recovery 'not until early 2016'

Chinese milk powder imports will not recover before the first quarter of next year, according to sources within China.