by Freshagenda | Apr 24, 2025 | GDT, Global
This week’s GDT Pulse event was mixed with WMP lifting and SMP declining on last week’s GDT auction. The 24 winning bidders purchased 1,721t of the 1,750t on offer. Regular WMP was up 0.6% from GDT #378, settling at US$4,130/t—3.8% higher than the previous Pulse...
by Freshagenda | Apr 24, 2025 | Global, Volume trends
Milk production increased 0.9% YOY in March. US cow numbers increased by 8,000 compared to February. The USDA revised the February number down 8,000 head. The US herd has expanded 81,000 head since July 2024 and is the largest it has been since May 2023. California...
by Freshagenda | Apr 24, 2025 | Global, Volume trends
New Zealand milk solids production rose 0.8% YOY in March, taking season-to-date solids output 3.0% ahead of the prior season. On a tonnage basis, output rose 0.6% YOY for the month with season-to-date volumes 2.2% ahead of the previous year. Production...
by Freshagenda | Apr 24, 2025 | Australia, News
Bega has reportedly been disinvited from the sale process for Fonterra’s Mainland Group. Fonterra has a long-term contract to distribute and manufacture the Bega Cheese brand. Bega argues any spin off of Mainland Group will trigger a clause to renegotiate or cancel...
by Freshagenda | Apr 24, 2025 | Australia, News
WA-based Brownes Dairy is up for sale after its biggest lender Chinese Mengniu Dairy called in its $200m loan. McGrathNicol, appointed by Mengniu to find a buyer for Brownes’ holding company does not anticipate any changes in day-to-day activities. Brownes is a market...
