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Learn more about milk supply agreements that are currently being offered across dairying regions.
Latest Australian Update
Strong Australian exports for March
There were strong trends in Australian exports in March, with cheese shipments up 7.2% for the month and 6.4% higher for the quarter. Increased sales to SE Asia accounted for most of the growth in March. Milk and cream exports were up 59% YOY in March, the ninth...
Tattarang ups Bega investment
Investment firm Tattarang has spent $15.2m on just over 3m Bega shares in April, lifting its holding to 10% of the company. Tattarang now owns around 30.3m shares in Bega. Bega shares rose to $5.19 at the end of April, but are trading at $4.87 at the close of trading...
Farmer lobby wants clear plans for ag
The National Farmers Federation (NFF) has called out Labor and the Coalition for not offering a clear plan for agriculture and climate change. There was hardly any mention of the role of farmers in climate change in a debate between agriculture minister David...
Latest Global Update
US March cheese exports record high
US dairy exports surged in March, accounting for 18% of national milk production – a 10-month high. US cheese exports rose 12.9% YOY in March to 41,925t, the highest monthly volume on record in our database which starts in January 2010. In YOY terms, shipments have...
Fonterra New Zealand cuts price range
Fonterra has revised its forecast farmgate milk price range to a range of NZ$9.10kgMS – NZ$9.50kgMS, down from NZ$9.30kgMS – NZ$9.90kgMS. Fonterra said the milk price revision is due to a number of recent events that have resulted in short-term impact on global demand...
EU milk supplies remain tight
EU-27 milk supplies remain tight in March according to Eurostat data. Irish production fell 3.3% YOY to 826m kgs, but on a particularly large prior-year comparable. That decline followed YOY increases in both January and February. The Netherlands is the only other...
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