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Fonterra creates new Fixed Milk Price tool

Fonterra creates new Fixed Milk Price tool

Fonterra has unveiled a new financial tool to help farmers to know exactly what they will be paid for their milk. The new Fixed Milk Price will help them with budgeting, planning and managing on-farm profitability. The Fixed Milk Price adds to the other tools of the...

New Zealand Optimism Could Be Tested

New Zealand Optimism Could Be Tested

New Zealand’s dairy industry is sending mixed signals. While producers there are on track to set new milk production records this season, record-breaking levels of debt and a potential El Niño threaten to derail future expansion. Looking at production first,...

Are Milk Prices Ready to Trend Higher?

Are Milk Prices Ready to Trend Higher?

Even though the near-term outlook does not look positive, we are closer to increasing prices now than we were at the beginning of the year.  Recent cheese trading activity has shown a break from the pattern of the past few months. Instead of a bounce of prices after a...

Cheese Inventories Are Unseasonably High

Cheese Inventories Are Unseasonably High

In a normal year, the amount of dairy products in inventory at processing facilities across the U.S. goes down at the end of the year. That’s because folks need butter, cheese and other dairy products to make all of those delicious Holiday treats and meals. Well, 2018...

Dairy Herd in China Contracts

Dairy Herd in China Contracts

Ongoing trade tensions with China—a rapidly growing dairy import market— continue to be a major concern for the U.S. dairy industry. Demand for milk and dairy products is growing in China at a time when milk production in the country appears to be waning, making China...

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