by Ever.Ag | May 14, 2026 | Forecast, Global
In May, the USDA pegged new-crop US corn production at 15.995bn bushels, ahead of expectations. US ending stocks were slightly above expectations at 1.957bn bushels. World ending stocks fell 19.4m tonnes to 277.5m tonnes, below consensus expectations. If realized,...
by Ever.Ag | Nov 27, 2025 | Forecast, Global
Earlier in the week, Fonterra reduced its forecast farmgate payout to a midpoint of NZ$9.50kgMS, down from NZ$10.00kgMS. The forecast range was narrowed to NZ$9.00kgMS—NZ$10.00kgMS, from NZ$9.00kgMS—NZ$11.00kgMS. Fonterra CEO Miles Hurrell said increasing global milk...
by Ever.Ag | Jun 19, 2025 | Forecast, Global
NZ milk production will increase slightly to 21.7bn kg in 2025 according to a new USDA GAIN report. Short-term factors affecting milk trends are strong farmgate milk prices and low interest rates, but New Zealand’s dairy sector continues to adjust to structural...
by Ever.Ag | Mar 20, 2025 | Forecast, Global
Fonterra raised profits after tax 8% YOY to NZ$729m in the first half of FY2025 as operating profit jumped 16% to NZ$1.107bn. Earnings per share rose 10% to NZ44c per share and an interim dividend of NZ22c per share will also be paid. The farmgate milk price range for...
by Ever.Ag | Nov 21, 2024 | Forecast, Global
Milksolids intake was up 2.8% YOY in October, slightly above the 5-year average, with volume +2.1% for the month. Season-to-date intake is +5% YOY, while volume is 4.2% higher. Seasonal milk production has peaked with excellent seasonal conditions in most regions...
by Ever.Ag | Sep 19, 2024 | Forecast, Global
Milk production growth forecast for 2024 was lowered from the prior month in USDA’s September WASDE report. The reduction is due to lower forecast cow inventories and a slower growth rate of milk per cow for the remainder of 2024. The slower growth in milk per cow is...
