by Freshagenda | Oct 17, 2024 | Uncategorized
SMP and butter manufacture declined sharply in August, with EU27 balance sheets remaining tight. The 5.9% YOY SMP fall mostly reflected weaker manufacture in Ireland and Germany while butter declined across the board except in Italy. WMP output fell for the sixth...
by Freshagenda | Sep 19, 2024 | Uncategorized
Improved rainfall across much of Australia has boosted farmers’ confidence in the agricultural economy, according to the Q3 Rabobank survey completed in August. Earlier in the year, confidence fell due to low rainfall threatening crops and pastures. However,...
by Freshagenda | May 23, 2024 | Uncategorized
Milk output fell 2.6% YOY in April on a solids basis, taking seasonal output 0.8% ahead of the prior year. Production fell 1% on a volume basis, tracking 0.5% behind the prior year according to Dairy Companies Association of New Zealand update . NZX reports production...
by Freshagenda | Nov 15, 2023 | Uncategorized
The Westpac-Melbourne Institute Consumer Sentiment index reversed its prior gain, falling 2.6% to 79.9 in November, returning to “deeply pessimistic levels”. The Reserve Bank’ November interest rate hike has renewed pressures on household finances, reigniting cost of...
by Freshagenda | May 10, 2023 | Australia, Forecast, Uncategorized
Rabobank is forecasting minimum opening milk price offers in the range of $8.50kgMS – $9.00kgMS for southern Australia from June 1. According to the Australian Dairy Seasonal Outlook domestic dairy market returns, a week Aussie dollar and aggressive recruitment...
by Freshagenda | Jan 20, 2021 | Australia, News, Uncategorized
Research from Michigan State University (MSU) highlights an urgent need for mitigation to avoid water storage declines and increased droughts particularly in Australia and South Africa. Researchers say there is a pressing need for water resource management and...
