by Ever.Ag | Mar 1, 2023 | Forecast, Global
According to Freshagenda’s February 2023 Global Dairy Directions update while commodity prices have lifted in most regions, driven by butter and SMP, little has changed in the underlying fundamentals other than a feeling butter demand will improve at lower...
by Ever.Ag | Feb 15, 2023 | Forecast, Global
According to Rabobank’s NZ Agribusiness Outlook 2023 the agriculture sector is in for another tough year with the re-opening of China, global and domestic inflation policy, market signals for low or zero emission products and the upcoming NZ election campaign...
by Ever.Ag | Feb 1, 2023 | Forecast, Global
In its latest Global Dairy Update, Fonterra maintained its farmgate milk price forecast range of NZ$8.50kgMS – NZ$9.50kgMS and milk collections for the season of 1,480m kgMS, up from total milk collections of 1,478m kgMS in the 2021/22 season. Fonterra also reported...
by Ever.Ag | Dec 14, 2022 | Forecast, Global
The USDA milk production growth forecast for 2022 was unchanged from November in its December WASDE report. Milk output is expected to be up 0.3% YOY at 103bn kgs in 2022 after a 1.3% YOY lift in 2021. Milk production was projected to increase 1.1% in 2023 compared to...
by Ever.Ag | Nov 16, 2022 | Forecast, Global
The USDA’s milk production growth forecast for 2022 was unchanged from the prior month in its November WASDE report. Milk output is expected to be up 0.3% YOY at 103bn kgs in 2022 after a 1.3% YOY lift in 2021. As in the prior WASDE report, milk production for 2023...
by Ever.Ag | Sep 14, 2022 | Forecast, Global
Fonterra revised its 2023 forecast earnings guidance to NZ45c – NZ60c per share, up from NZ30c – NZ45c per share and revised its forecast milk collections for the 2022/23 season down from the earlier forecast of 1,510m kgMS to 1,495m kgMS. Fonterra 2023 forecast...
