Pulse Prices Mixed

Pulse Prices Mixed

This week’s GDT Pulse event was mixed for powders and fats. The average WMP price settled at US$3,410/t, rising +0.6% from last week’s GDT #407 but -2.2% lower than the previous Pulse event. SMP averaged US$3,120/t, rising +0.6% on prices achieved at GDT #407 and...
French Milk Growth Slows

French Milk Growth Slows

In latest available data for week 27 (ending 4th of July 2026), French milk output fell 3.4% YOY, the second consecutive weekly decline due to the recent heat wave. In the same week, UK supplies declined 4.8% YOY. German milk production growth slowed to +3.6% in week...
Australian Consumer Sentiment Lifts

Australian Consumer Sentiment Lifts

Australians remain gloomy about the economic outlook, but fuel price pressures and fears about a potential interest rate increase moderated, leading to a rise in July sentiment. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 83.9, up from 80.6 in...
French Milk Growth Slows

Cow Culling Again Lower in June

Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), were flat YOY in the 2025-26 season (July-June). Culling declined 4% YOY in June alone, the third consecutive monthly decrease. The average June saleyard price of...
Rain Spurs Crop Yield

Rain Spurs Crop Yield

Recent rainfall across Victoria has filled soil moisture profiles to near capacity, driving strong optimism for the state’s winter crops. Agriculture Victoria data shows many key cropping regions are now at or close to 100% soil moisture after good June and...