More EU milk – greater SMP and butter volumes

Higher EU milk output has resulted in greater volumes of butter, skimmed milk powder (SMP) and condensed milk.

Dairy companies update: cutting back on supplies

In a sign of the times, a European dairy major, FrieslandCampina, is transferring part of its milk supply to a rival.

Daily Price Update 23/11/2015: fresher powder excites

Fonterra’s decision to build in guarantees of the age of its milk powders appears to have excited the market.

Casein prices weaken, but long-term prospects bright

Casein prices have plunged in the past year, following the trend of lower powder prices generally. However, demand in key markets is keeping prices above ‘benchmark’ norms.

Relief for British dairy processors and farmers

A weaker pound versus the euro may begin to provide some relief for British dairy producers after an influx of lower-priced cheese and butter imports his year.

Daily Price Update 20/11/15: US butter defies market

US milk production rose in October and is now tracking at about the same level as last year, while large volumes of dairy stocks continue to weigh on the market.

Record NZ milk production – but what of the future?

New Zealand is course to produce more milk for the world’s export markets – thanks to productivity of its dairy cows.

China milk powder stocks down – but not enough

China will not return to the market soon, say industry observers, even as milk powder stocks fall and Singles’ Day infant milk formula (IMF) sales sma...

Daily Price Update 19/11/2015: lower IMF in China

Infant milk formula prices are falling in China – ironically just as the country gets used to the idea of no more one-child policy.

Near record earnings for EU milk powders

Despite a collapse in prices, EU export earnings from concentrated milk products have risen to near record levels, and have opened up new fractionate ...

German dairy producers eye organic

German manufacturers of organic dairy products are turning to neighbouring Denmark and Austria for supply, as domestic organic milk prices soar.

Daily Price Update 18/11/2015: butter blip in flat market

Seasonal orders are providing some bright spots in an otherwise bleak EU dairy products market.

Dairy buyers skim more savings as auction prices slide again

Buyers forces a further slide in global dairy auction prices today (Nov 17) – confirming recent trends and the reflections of many observers.

European butter spreads its global reach

European exporters have been selling record volumes of butter on world markets – and greater volumes of processed fats to China.

EU-12 face final milk quota superlevy fines

Twelve EU member states will have to pay superlevy fines totalling some EUR818 million after exceeding their milk quotas for deliveries in 2014/15 – a year that marks the...

Auction powder down again – but Fonterra has a plan

Milk powder – both whole and skimmed – slipped further at the global dairy auction: the rally of a few auctions back dead and buried. But Fonterra has a plan.

Daily price Update 06/11/15: Steadying prices calm market.

With butter production steady to increasing and a slowing milk demand, prices look to stay steady.

Mexico expecting record milk purchases

Mexico’s National Front of Milk Producers and Consumers (NFMPC) announced it expects to end the year with record milk purchases on the part of the federal gover...

EU turns to Philippines in Asian free trade drive

The European Council has given the green light for the European Commission to start negotiations with the Philippines on a free trade agreement.

Upbeat Fonterra raises forecast farmer returns

It’s been a dire year for the world’s biggest dairy exporter Fonterra – but despite this it is raising the returns it expects to pay farmer members.

New SMP storage aid option; cheese PSA re-introduced

Details of the new ‘enhanced’ EU storage scheme for skimmed milk powder (SMP) have been announced, along with new national allowances for cheese storage.

Russia encourages new Brazil dairy export drive

As Brazil gears up for greater dairy production, the Russian market is proving an attractive magnet.