Podcasts about global dairy trade

Open Country Dairy’s chief executive is in Southland for supplier meetings. He comments on the potential for dairy conversions in the region, updates progress on a new butter factory in Waharoa and previews tonight’s Global Dairy Trade auction.See omnystudio.com/listener for privacy information.

In this week's show:Senior reporter Neal Wallace reports on a new auction system for strong wool that is modelled on the Global Dairy Trade system. He tells Bryan its backers say it will provide a better way to trade fibre and should lead to more value being created for farmers.The New Zealand Meat Board flies under the radar a little bit but it does one of the most significant jobs in the food and fibre sector – managing the quotas for red meat exports. Chief executive Nick Beeby joins the show to lift the lid on the process.AgriHQ senior analyst Suz Bremner previews the beef weaner fairs and calf sales that are getting underway. She says everything is pointing to a bumper set of sales and there should be great returns for vendors.Federated Farmers vice-president Colin Hurst unpacks the new funding announced for the QEII Trust, which was facing the prospect of being unable to register new landholdings. He says the funding boost is great news for farmers and for conservation efforts.

Senior reporter Neal Wallace reports on a new auction system for strong wool that is modelled on the Global Dairy Trade system. Its backers say it will provide a better way to trade fibre and should lead to more value being created for farmers.

Freezing rain has made it a slippery morning so people are advised to use caution. Ag meteorologist Stu Muck gives details on what can be expected the rest of the week, which includes strong winds and snow.Charitee Seebecker has a conversation with Charles Narveson, the Green County Highway Commissioner on how they use an unexpected product to keep their roads safe during the wintertime. This being cheese brine.It has been about a year since Wisconsin passed a legislation to allow heavier trucks on highways to transport dairy products. Stephanie Hoff talks with Luke Buholzer, the Vice President of Sales for Klondike Cheese Company, on the impact this legislation has had on their company.Humane societies are a great place to get a new pet for your family, but what does it take to help all these animals? Ben Jarboe is joined by Lisa Bernard, the Development and Communications Director at the Dane County Humane Society, to see how many people it takes to help nearly 4,300 animals a year.Matt Tranel, the Senior Dairy Market Advisor with EverAg, joins the show to speak to the impact the delayed tariffs have on the Dairy Industry. He also shares that the number of dairy cattle in the U.S. is shrinking, as well as how the Global Dairy Trade is helping the U.S. dairy market.See omnystudio.com/listener for privacy information.

The cost of dairy is climbing for consumers - the Global Dairy Trade auction seeing a 1.4% across the board. Why are the prices continuing to trend up? Infometrics Principal Economist Brad Olsen discusses this with Ryan Bridge. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

The dairy sector's upbeat heading into the new year. Dairy prices are up 1.4% at the latest Global Dairy Trade auction, while Fonterra's still predicting farmgate milk prices to reach a record $10.50 midpoint this year. New Zealand's milk production in 2024 was also the highest in five years. Fonterra co-operative council chair, John Stevenson told Ryan Bridge it's looking really positive from an on-farm perspective. He says supplementary feed supplies, silage, and crops have had a good start to summer. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Dairy farmers are hoping for a win at the Global Dairy Trade auction following a slip in the latest prices. The first auction of the year this morning has overall dairy prices down 1.4% and the price of whole milk powder down 2.1%. Fonterra Cooperative Council Chair John Stevenson says it's still a great time to be a farmer in New Zealand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Animal rights groups are gaining momentum behind the scenes as the Farm Bill's compiled, and as more ballot initiatives show up in states.  Ben Jarboe gets an update from Emily Ellis- communications manager for the animal agriculture alliance.Wind chills are taking Wisconsinites into subzero territory today.  Stu Muck, ag meteorologist, explains the improvements on the way.The price of steel is just one ingredient that might be pushing your grocery bill higher.  That, and helping consumers understand what's really in that can - they're both educational goals of the Midwest Food Processors Association.  Ben Jarboe was at their annual convention visiting with their president, Jason Cullata.  Cullata will be stepping down as president at the end of the year.Dr. Paul Mitchell from the Renk Agribusiness Institute says he's taking a different direction with the annual UW-Ag Outlook Forum in January.  Mitchell says they'll focus on experts that have experience with the Trump Administration and project what can be expected with Trump 2.0. Dairy caught a little rally on Wednesday.  That's the start of our conversation with Mike North from EverAg.  He joins Pam Jahnke from Minneapolis to talk about this week's Global Dairy Trade and the slide cheddar and mozzarella prices took.See omnystudio.com/listener for privacy information.

Fonterra's managing director of cooperative affairs looks at a “pretty steady” Global Dairy Trade auction, which dipped 0.3%, with no change in whole milk powder, and skim milk powder dropping 1.8%.See omnystudio.com/listener for privacy information.

Another Global Dairy Trade auction is expected to take place tonight - and experts are predicting more good news this time round. There was a substantial life off the back of the previous auction - with a 0.8 percent increase across the board. The Country's Jamie Mackay outlined his predictions ahead of tonight's results. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Another Global Dairy Trade auction is expected to take place tonight - and experts are predicting more good news this time round. There was a substantial life off the back of the previous auction - with a 0.8 percent increase across the board. The Country's Jamie Mackay outlined his predictions ahead of tonight's results. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Fonterra's chief financial officer debuts on The Country to look at the latest Global Dairy Trade auction results, which dropped 0.4% across the board, with whole milk powder down 2.5% and skim milk powder up 4.5%. He also talks about why the co-op is investing in a new UHT plant in Southland.    See omnystudio.com/listener for privacy information.

Prices have bounced back in the latest Global Dairy Trade auction - with an impressive 5.5 percent increase across the board. The sixth event of the new dairy season, it is the largest percentage lift since March 2021, and a far cry from the the beginning of July when prices plunged 6.9 percent. The Country's Jamie Mackay explains what this means for the primary sector. LISTEN ABOVE See omnystudio.com/listener for privacy information.

There's another crucial Global Dairy Trade auction taking place tonight as a new season kicks into gear. Rabobank analyst Emma Higgins has predicted WMP and SMP will move lower overnight. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's another crucial Global Dairy Trade auction taking place tonight as a new season kicks into gear. Rabobank analyst Emma Higgins has predicted WMP and SMP will move lower overnight. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's speculation higher farmgate milk prices are on the way following a strong GDT auction result. All of Fonterra's main reference products rallied strongly at this week's auction, driven by demand from the Middle East and improved interest from China. The Country's Jamie Mackay says customers should get their dairy products quickly, before the change kicks in. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's speculation higher farmgate milk prices are on the way following a strong GDT auction result. All of Fonterra's main reference products rallied strongly at this week's auction, driven by demand from the Middle East and improved interest from China. The Country's Jamie Mackay says customers should get their dairy products quickly, before the change kicks in. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Rabobank senior analyst takes a look at another positive 2024 Global Dairy Trade auction and the dairy sector in general.See omnystudio.com/listener for privacy information.

Dairy prices are continuing to rise.  Overall prices are up 2.3% in the latest Global Dairy Trade auction overnight, the fourth consecutive rise this summer.  Prices are down about a third from the record high reached in March 2022 but up about a quarter on the low reached in August last year.  Infometrics Principal Economist Brad Olsen says told Tim Dower that it's a positive sign.  He says the index is now at its highest level in almost 12 months, which points to some kind of recovery.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news global trade is in the spotlight.The run of dairy price rises ended in today's Global Dairy Trade auction today. Overall prices fell -0.7% in USD terms, down -1.2% in NZD terms. The key WMP price fell -2.7% in a key shift, but one signaled by the weekly GDT Pulse events although today's price was actually higher than last week's Pulse result. Keeping the dip limited were rises for SMP, up +2.3% and for Cheddar cheese, up +4.5%. These two suggest better demand from the food service sector, especially in China.In the US their logistics managers index (LMI) rose and quite sharply, indicating rising demand for these key distribution services, although freight rates actually decreased in this survey.Meanwhile the US September trade result (for goods and services, that is, on a balance of payments basis) came in with a modest but continuing deficit. Overall exports rose +2.2% which overall imports rose +2.7%. This involved an increase in the goods deficit of $1.7 bln to -$86 bln and a decrease in the services surplus of $1.2 bn to +$25 bln. But still, this is the third lowest trade deficit since 2021.Last week, the rising retail sales gains evaporated. Their weekly Redbook index of retail sales at brick & mortar outlets on a same store basis was up only +3.1% from the same week a year ago, barely beating inflation. Although to be fair, much of this was an unusual rise in last year's base.Overnight we also got an update on US household debt levels and they actually changed very little in September from the prior quarter, mainly because housing debt rose very little. Year on year, housing debt is up +4.2% but non-housing household debt is up +6.4%, mainly credit card debt.In Canada, September exports rose +2.7% in September to the highest since June 2022 and the third consecutive monthly increase. Imports rose +1.0% to their highest since January. That meant they recorded a +C$2 bln surplus, twice what was expected.The IMF has been reviewing China's economy and now says it will expand by +5.4% in 2023, up from an earlier forecast of a +5% rise. Most of the extra is down to Beijing support initiatives, they say. For 2024 they say China will expand +4.6%.In China, exports fell -8.1% in October from September to be down -6.4% from October in 2022. Meanwhile imports fell -1.4% from the prior month even though they were up +3.0% from a year ago. As the West de-risks from China, (exports down -15% to the US, down -10.6% to the EU and down -8.6% to Japan) clearly selling more to Russia (up +52%) isn't going to save them. Only Africa (+8.0%) is the other region they made gains. China's exports to New Zealand are down -14.9% and to Australia down a much lesser -4.2%.China's foreign exchange reserves at the end of October were marginally lower at US$3.1 tln, as expected.Meanwhile Taiwanese exports fell rather sharply in October, down -4.5% from year ago levels. A small rise was expected. Imports fell very sharply, down more than -12% although this was pretty much as expected.In Europe, data for industrial production in Germany for September came in lower than expected, down -3.7% from the same month a year earlier.In Australia, and in an about-face the Reserve Bank of Australia is no longer standing on the sidelines as inflation turns back up. It has pushed through a new +25 bps rate hike to 4.35% and markets are thinking a December rise may come tooThe UST 10yr yield is down from yesterday as bond prices rise again, now at 4.57% and a drop of -8 bps. The price of gold will start today at US$1964/oz and down another -US$18/oz from this time yesterday.Oil prices have fallen overnight, down a very sharp -US$3.50 to be just under US$78/bbl in the US. The international Brent price is now just over US$82/bbl. These are three and a half month lows. In fact it first reached this level 16 years ago, so after inflation it is now unusually cheap.The Kiwi dollar starts today at 59.3 USc and down -½c from this time yesterday, dragged lower by the Aussie dollar. Against the Aussie we are slightly firmer however at 92.3 AUc. Against the euro we are little-changed at 55.5 euro cents. That all means our TWI-5 starts today at just on at 69.1, down only -10 bps.The bitcoin price starts today at US$34,665 and down -0.8% from this time yesterday. Volatility over the past 24 hours has been low too at just on +/- 0.9%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Fonterra's chief financial officer on what's behind yet another rise in the Global Dairy Trade auction.See omnystudio.com/listener for privacy information.

Dairy prices are continuing their upward trend.  Overall prices are up a further 4.3% at the latest Global Dairy Trade auction overnight, with the all-important Whole Milk Powder price up 4.2%.  It's the fourth consecutive rise, with prices now 17% higher than they were back in August.  Prices are 38% lower than the record high reached last year, but JMI Wealth Director Andrew Kelleher told Mike Hosking that dairy farmers have reason to celebrate.  He says the rising prices support Fonterra's decision to lift its forecast Farmgate Milk Price for this season.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Após consecutivos eventos em desvalorização, os preços internacionais dos principais derivados lácteos voltaram a apresentar um resultado positivo no último leilão da plataforma Global Dairy Trade, realizado dia 05/09. As informações são do portal “Milkpoint”.

S4E33: “Getting Involved in CMAB” | Melissa Lema The Skim: In this episode of the "Seen and Herd" podcast, Allison Tristao interviews Melissa Lema, Director of Producer Relations of the California Milk Advisory Board (CMAB). Here's a summary of the key points discussed:  **CMAB Elections and Process**: Melissa shares that there are positions available on the CMAB Board, including multiple director and alternate roles. She explains the importance of producer input in how funds are used to market California dairy products. The nomination period is open until Friday, September 8th. The term for newly elected producers will start March 1st. Reach out to Melissa if interested by email, MLema@cmab.net Visit the California Dairy Farmers Facebook page to view a list of available positions from each district – https://www.facebook.com/groups/407653786066433/ **Board Member Commitment**: The interview touches on the responsibilities and commitments of board members, with two-day quarterly meetings held primarily in the Central Valley. Melissa describes the agenda of these meetings, including detailed reports from various CMAB departments. **Encouraging Producer Engagement**: Throughout the interview, Melissa emphasizes the importance of producer engagement in CMAB. She encourages dairy producers to get involved, either by running for board positions or attending meetings to understand how their products are marketed. Market Update by Tiffany LaMendola: Tiffany LaMendola mentions that the dairy markets have improved compared to the previous month. **Cheese Market**: Cheese prices increased earlier in the week due to tighter milk supplies caused by hot weather in key production regions, particularly in the Midwest. Spot block cheese prices reached 195 cents per pound, up by half a percent from the previous week.  **Butter Market**: Butter prices remained stable, closing the week at 266 cents per pound, with adequate butter stocks. Cream supplies were slightly looser. **Nonfat Market**: Nonfat dry milk faced downward pressure due to weak global demand conditions, with domestic prices dropping to their lowest since November 2020, reaching as low as $1.07 a quarter. **Upcoming Events**: Tiffany mentions the upcoming Global Dairy Trade event on Tuesday, which will provide insights into pricing and competition with Oceana for dairy exports. The upcoming week is expected to be relatively quiet as they head into mid-September. Please subscribe for notifications of future episodes. For questions about this episode, please contact Allison at allison@wudairies.com  To learn more about Western United Dairies, visit https://westernuniteddairies.com. Click the Link to become a member, https://westernuniteddairies.com/membership Western United Dairies Foundation Website - ⁠https://wudfoundation.com⁠ Visit the Western United Dairies' Website and Social Media Platforms: Website - https://westernuniteddairies.com Instagram - https://www.instagram.com/wudairies Facebook - https://www.facebook.com/wudairies Podcast | Seen and Herd  Apple Podcast - https://podcasts.apple.com/us/podcast/seen-herd/id1508160620 Spotify - https://open.spotify.com/show/6esjAxuQ3fM8U4hfURhYt8

Dairy prices have risen for the first time in four months in this morning's Global Dairy Trade auction. The average price increased by 2.7 percent to an average price of $2888 US dollars a tonne. The whole milk powder price - which affects the payout for local farmers - rose 5.3 percent to $2,702 a tonne. ANZ rural economist Susan Kilsby spoke to Corin Dann.

Dairy farmers won't have much reason to celebrate the latest slight rise in dairy prices.  Overall prices have risen 2.7% at this morning's Global Dairy Trade auction, the first rise in four months.  The crucial Whole Milk Powder price is up 5.3%.  JMI Wealth Director Andrew Kelleher told Mike Hosking that the rise won't change Fonterra's Farmgate Milk Price, which has plummeted from a midpoint of $8 to a mid-point of $6.75 over the past five weeks.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Dairy prices have risen for the first time in four months.  Overall prices are up 2.7% at this morning's latest Global Dairy Trade auction, making up slightly for a 7.4% fall at the last auction three weeks ago.  The news is even better for the all-important Whole Milk Powder price, which is up 5.3%.  HighGround Dairy consultant Stu Davison told Kate Hawkesby that it's too early to say whether this is a turn-around in the trend, or a one-off.  He says it's positive news nonetheless.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder - a key driver for Fonterra's prices - dropped 10.9 percent, the lowest level in nearly 5 years. Dairy NZ director Jacqueline Rowarth says this decline is partially led by softening demand from China amid Covid-19 restrictions.  "This has been a game that has been played before, it's very difficult to tell what's going on in China. We love them as a market, but in terms of customers, it can be very challenging." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder - a key driver for Fonterra's prices - dropped 10.9 percent, the lowest level in nearly 5 years. Dairy NZ director Jacqueline Rowarth says this decline is partially led by softening demand from China amid Covid-19 restrictions.  "This has been a game that has been played before, it's very difficult to tell what's going on in China. We love them as a market, but in terms of customers, it can be very challenging." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk price, dropped 10.9-percent. It comes less than two weeks after the dairy co-op drastically cut its forecast Farmgate Milk Price - with the midpoint falling from $8 to just $7. The result is unsurprising considering Fonterra was putting more product up for sale on the auction platform, their oversupply of milk in China and overall weak demand. Federated Farmers Dairy Chair Richard McIntyre joined Mike Hosking to discuss how Fonterra has affected the market. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk price, dropped 10.9-percent. It comes less than two weeks after the dairy co-op drastically cut its forecast Farmgate Milk Price - with the midpoint falling from $8 to just $7. JMI Wealth Director Andrew Kelleher told Mike Hosking the drop was expected. He says the real issue is how long prices will stay this low for. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

The head of derivatives at Jarden previews tonight's Global Dairy Trade auction, which he's not feeling too positive about.See omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk price, dropped 10.9-percent. It comes less than two weeks after the dairy co-op drastically cut its forecast Farmgate Milk Price - with the midpoint falling from $8 to just $7. The result is unsurprising considering Fonterra was putting more product up for sale on the auction platform, their oversupply of milk in China and overall weak demand. Federated Farmers Dairy Chair Richard McIntyre joined Mike Hosking to discuss how Fonterra has affected the market. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk price, dropped 10.9-percent. It comes less than two weeks after the dairy co-op drastically cut its forecast Farmgate Milk Price - with the midpoint falling from $8 to just $7. JMI Wealth Director Andrew Kelleher told Mike Hosking the drop was expected. He says the real issue is how long prices will stay this low for. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Episode 2 has two feature interviews, the first with agricultural economist Phil Journeaux who talks us through AgFirst's latest dairy farm model budget, which foresees losses.Then we have Alliance Group's general manager for global markets Shane Kingston, who warns the outlook for red meat is just as grim. Senior reporter Hugh Stringleman analyses the latest drop in dairy commodity prices at the Global Dairy Trade auction.Federated Farmers' meat and wool chair, Toby Williams, reveals discussions are underway to address strong wool's dire situation and says it may be time to at least think about a wool levy once more.

International milk prices took a fall in the latest Global Dairy Trade auction, concerning exporters and analysts. The GDT Price Index was down 4.3 percent across the board, with an average selling price of $3,100 per metric ton. The Country's Jamie Mackay says analysts will be reaching for the red pens to cut milk price forecasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Dairy Skim is a bite-size episode series where HighGround's top analysts break down the latest dairy data release. Today, Stu Davison discusses Tuesday's Global Dairy Trade Auction. Subscribe so that you never miss an episode! Website: highgrounddairy.com HighGround Dairy's 2023 Global Dairy Outlook Conference details & registration: highgrounddairy.com/conference  Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

Prices exceeded expectations in the latest Global Dairy Trade auction, with a 3.2 percent rise across the board. This marks the first increase in two months after the index recently tumbled 4.7 percent. The Country's Jamie Mackay says the value of skim milk power soared as a result of interest from the Middle East, promising an immediate effect on the futures market. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Dairy Skim is a bite-size episode series where HighGround's top analysts break down the latest dairy data release. Today, Stu Davison discussed today's Global Dairy Trade Auction. Subscribe so that you never miss an episode! Website: highgrounddairy.com HighGround Dairy's 2023 Global Dairy Outlook Conference Tickets: highgrounddairy.com/conference  Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

The Global Dairy Trade price index has recorded its first increase in two months. This morning's auction showed a 3.2 per cent climb since the last trading event earlier this month, this is the first gain after four consecutive falls. Amy Castleton, dairy analyst at NZX joined Roman Travers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Global Dairy Trade price index has recorded its first increase in two months. This morning's auction showed a 3.2 per cent climb since the last trading event earlier this month, this is the first gain after four consecutive falls. Amy Castleton, dairy analyst at NZX joined Roman Travers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Mushrooms in Wisconsin?!  Yes - Carrie Mess visits with Jennifer Brown, the General Manager at River Valley Ranch, to find out what it takes to succeed in this area of agriculture.Wisconsin agriculture is responding with support for the budget items announced by Gov. Tony Evers in his address Wednesday evening. The Wisconsin Ag Coalition is one supporting faction. Love in the parts department? CJ Miller shares the story of an Indiana farmer who found his wife at the implement dealership!Ryan Yonkman with EverAg joins Pam Jahnke to discuss the recent Global Dairy Trade, and its suppressed prices.See omnystudio.com/listener for privacy information.

A second straight drop of dairy prices at the Global Dairy Trade auction this morning. The first auction of the year has seen overall prices drop by an average of 2.8 percent from the last auction a fortnight ago where it fell 3.8 percent. Federated Farmers Dairy Chair Richard McIntyre says there are multiple reasons for the drop, including the fact that the world is limited in its ability to pay lots of money for products in general. McIntyre says we've seen higher milk prices for a long time, but they're just starting to soften off a bit as people begin to run out of surplus money to pay for dairy products. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Die Themen der Woche: - Milchmarkt: Absturz der Milcherzeugerpreise in 2023 prognostiziert - Deutschland: Zentrale Koordination Handel-Landwirtschaft (ZKHL) AG Milch hat sich festgefahren - Umfrage zum Gülle- Hebel bei Biogas - Berlin: Bundesregierung ein Jahr im Amt - die Zeugnisnoten mehr schlecht als recht - Berlin: Bundestag debattiert über Tierhaltungskennzeichnung - Deutschland: Bundesregierung gegen Aufweichung des Wolf-Schutzes - Frankreich: Weniger Angebot von Bio-Ware in LEH - Sachsen-Anhalt: Milchtankstellen ein Draufzahlgeschäft - Milchmarkt: Milchanlieferung weiterhin deutlich über Vorjahresniveau - Ife-Rohstoffwert Milch sackt weiter ab - Global Dairy Trade leicht im Plus - FrieslandCampina legt Trockenturm still - Faire Preise gibt´s im BDM-Shop

A GDT auction is taking place.It's expected to head largely sideways, and even with high dairy prices, the dollar is playing ball.The red meat sector has seen a drop in volume but a growth in value.The Country executive producer Rowena Duncum joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Westpac's Senior Agri Economist previews tonight's Global Dairy Trade auction, looks at the flaws in the NZ EU FTA and we ask - will he pull the trigger on a $10 payout??See omnystudio.com/listener for privacy information.

A GDT auction is taking place.It's expected to head largely sideways, and even with high dairy prices, the dollar is playing ball.The red meat sector has seen a drop in volume but a growth in value.The Country executive producer Rowena Duncum joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Welcome back to Let's Chat Markets by HighGround Dairy! HighGround Analyst Alyssa Badger discusses this week in dairy, including dairy market movements and a look ahead to next week's Global Dairy Trade event. Don't forget to subscribe to hear next week's episode! Register for our Dairy Outlook Conference in Chicago: highgrounddairy.com/outlookconference Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

Welcome back to Let's Chat Markets by HighGround Dairy! HighGround Analysts Alyssa Badger and Lucas Fuess discuss this week in dairy, including the Milk Production report, a bearish Global Dairy Trade event, March US export figures, and March US Dairy Products Production. Don't forget to subscribe to hear next week's episode! Register for our Dairy Outlook Conference in Chicago: highgrounddairy.com/outlookconference Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

Global events are weighing down global dairy prices.Overall prices are down 3.6 percent at the latest Global Dairy Trade auction overnight.The all-important whole milk powder price is down 4.4 percent - while the price of skim milk is down 4.2 percent.JMI Wealth Director Andrew Kelleher told Tim Dower supply is up, and several factors are pulling demand down.“Russia-Ukraine conflict, we've had the impact of Covid across various markets, there's economic crisis in Sri Lanka at the moment, but in particular the lockdowns in China.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

Global events are weighing down global dairy prices.Overall prices are down 3.6 percent at the latest Global Dairy Trade auction overnight.The all-important whole milk powder price is down 4.4 percent - while the price of skim milk is down 4.2 percent.JMI Wealth Director Andrew Kelleher told Tim Dower supply is up, and several factors are pulling demand down.“Russia-Ukraine conflict, we've had the impact of Covid across various markets, there's economic crisis in Sri Lanka at the moment, but in particular the lockdowns in China.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

Welcome back to Let's Chat Markets by HighGround Dairy! HighGround Analysts Alyssa Badger and Lucas Fuess discuss this week in dairy, including the USDA's dairy production report, world ag supply and demand estimates, and January export figures, as well as EU dairy figures and a preview of next week's Global Dairy Trade event. Don't forget to subscribe to hear next week's episode! Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

Welcome back to Let's Chat Markets by HighGround Dairy! HighGround Analysts Alyssa Badger and Lucas Fuess discuss this week in dairy, including a bullish Global Dairy Trade event and expectations for Friday's US Dairy Product Production Report. Don't forget to subscribe to hear next week's episode! Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

Fonterra is making changes to the Global Dairy Trade's ownership structure.They're selling a 33 percent stake to the NZX and also might be selling some to the European Energy Exchange.Business commentator Rod Oram joined Heather du Plessis-Allan.LISTEN ABOVE

Fonterra is making changes to the Global Dairy Trade's ownership structure.They're selling a 33 percent stake to the NZX and also might be selling some to the European Energy Exchange.Business commentator Rod Oram joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Happy New Year and welcome back to Let's Chat Markets by HighGround Dairy! HighGround Analysts Alyssa Badger and Lucas Fuess discuss this week in dairy, including a volatile CME market, the November Dairy Products report, the Global Dairy Trade event, and the November U.S. Export report. Don't forget to subscribe to hear next week's episode! Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

The 2021 Wisconsin Sheep and Wool Festival is this weekend. Farm Director Pam Jahnke talks with Bob Black, a longtime organizer and volunteer for the sheep industry, about the festival's comeback this year. The event features something for every member of the family, with an emphasis on fiber arts, but also national shows and stock dog trials. Farm assistant Stephanie Hoff talks to Matt Rehberg, a first-generation grain farmer near Clinton and president of the Ag Business Council of Rock County. Rehberg gives a look at what a local organization can do to support the ag industry. The council's main focus is its Agriculture Ambassador program. It also has a scholarship program. While some programs had to be put on hold during the pandemic, it did not stop the council from sending about $1,000 to seven different food pantries in the area. Global Dairy Trade results show the overall index up 4 percent. For skim and whole milk powder, cheese, and butter, prices went up on the global market. But the U.S. prices are lower, giving those markets export opportunities, says ever.ag broker Matt Tranel. He cautions shipping and trucking logistical issues could inhibit transportation of goods.  See omnystudio.com/listener for privacy information.

Welcome back to Let's Chat Markets by HighGround Dairy! On today's episode, Alyssa Badger is joined by Eric Meyer to discuss this week in dairy, including weak dairy markets, recent memos out of Fonterra, and look ahead to next week's Global Dairy Trade event. Don't forget to subscribe to hear next week's episode! Website: highgrounddairy.com Twitter: twitter.com/HighGroundDairy Free trial request form: highgrounddairy.com/free-trial

BIG milk production numbers were released on Wednesday by USDA, but the real driving news might be coming from the recent GDT auction.  Cody Koster with EverAg, explains the milk production figures and what regions to focus in on, and then the high prices some dairy products are still quoting in world markets.  Is the U.S. still poised for sales? The success of "Boxes of Fun" has led the Something Special from Wisconsin program to launch a Graduation Celebration box as well.  Lois Federman with the Wisconsin Department of Agriculture, Trade and Consumer Protection which oversees the program, describes it's success and what to expect. An abandoned building in Iowa county will be finding new life as a wine center - thanks in part to some state aid.  Josh Scramlin brings us the update. See omnystudio.com/listener for privacy information.

A2 Milk's sole infant formula supplier, Synlait Milk, said its half-year profit slumped by 76 per cent to $6.4m, driven by Covid-19 disruption, and said it expected to be "broadly breakeven" in the full year.The full-year outlook has worsened since last December when the company said it expected the 2021 profit to be half that of the previous year's $75.2m.Early this month Synlait withdrew that December guidance due to uncertainty and volatility within its business.In today's result, Synlait's revenue gained 19 per cent to $664.2m while EBITDA fell 29 per cent to $47.7m.Chair Graeme Milne said it was a challenging first half, "and we continue to find ourselves in a period of significant uncertainty and volatility as Synlait faces into several headwinds".A2 Milk - Synlait's biggest customer - has been hit hard as Covid-19 has severely curtailed the important "daigou" unofficial trade channels into China.Synlait said uncertainty was affecting its short-term operations and would impact on the full year's financial result.Chief executive Leon Clement said the company's focus was on mitigating the impact Covid-19 has had its customers."We will need time to get through this, but we remain confident about our future," he said.Synlait has been investing heavily in a bid to diversify its interests away from a2 Milk."Our investment phase is complete. We have the capacity, capability, and customer base to generate significant value," Clement said."Covid-19 hit us late, but we will emerge from the pandemic a stronger, more sustainable Synlait," he said.Synlait signalled earlier this month that it was continuing to experience significant uncertainty and volatility within its business due to ongoing uncertainty in a2 Milk's expected demand for the remainder of 2021 and 2022."Synlait does not currently have sufficient confidence to forecast when this recovery will occur," Clement said."The resulting impact of this on Synlait's business is two-fold: demand for consumer-packaged infant formula remains uncertain, which in turn impacts forward infant base powder production and asset use."Commenting on the ingredients business, Clement said the sudden drop in consumer-packaged infant formula demand, combined with rapidly rising Global Dairy Trade prices, foreign exchange, and a changing product mix, created volatility that limited returns.Furthermore, Synlait said its expectation was that global shipping delays would continue and further impact the 2021.Board and management have considered the above factors and how they will impact Synlait's 2021 profitability."There is still a range of scenarios contributing to the company's profitability, and our current outlook suggests a broadly breakeven FY21 net NPAT result," the company said.While all banking covenant ratios were met during 2021, Synlait has "proactively engaged" with its banking syndicate to increase its leverage ratios to manage any risk at the end of 2021.The 2021 business plan is fully funded by its current banking syndicate.In its result, Synlait said consumer-packaged infant formula sales down 16 per cent to 18,085 tonnes.Lactoferrin production gained up 16 per cent to 13.6 tonnes.Dairyworks, which Synlait bought in 2019 for $112m, reported revenue of $112.6m.Shares in Synlait Milk last traded at $3.41, down 14c or 3.9 per cent from Friday's close.text by Jamie Gray, NZ Herald

Kiwi dairy farmers could be forgiven for thinking that the decimal point was in the wrong place, when viewing the latest Global Dairy Trade auction results this morning.Prices across the board in last night's auction leapt an incredible 15.0 per cent to an average US$4,231/MT.It's the eighth increase in a row, and the eleventh out the last twelve auctions.But, unbelievably, the news got even better for farmers from there.The largest gain sprung from the crucial Whole Milk Powder (WMP) index, which has the biggest impact on Fonterra's Farmgate milk price and shot up 21.0 per cent to an average US$4,364/MT - the highest price for WMP since May 2014.Skim Milk Powder - Fonterra's second biggest reference product - backed up a small gain in the last auction with a 3.5 per cent increase to an average US$3,302/MT.Butter, the other reference product to make an unexpected but significant gain, lifted 13.7 per cent to an average US$5,826/MT, while Anhydrous Milk Fat rose 7.4 per cent to an average US$4,929/MT.Amongst the other products on offer, Lactose increased 4.9 per cent rise to an average US$1,278/MT, and Cheddar followed suit - up 1.3 per cent to an average US$4,280/MT.The only product to buck the trend, Butter Milk Powder fell 0.3 per cent to an average US$3,144/MT.Product volumes again fell slightly on the previous auctions, which can be expected as New Zealand's dairy herd's collective lactation curve falls, with 25,554MT of product sold, attracting just 86 winning bidders.Last month Fonterra lifted its 2020/21 forecast farmgate milk price range by 20c/kgMS to between $6.90 and $7.50.The midpoint of the range, which farmers are paid, increased to $7.20/kgMS from $7.00.Fonterra chief executive Miles Hurrell was also surprised by what he called the "crazy increase.""I'm certainly excited for our farmer shareholders out there that's for sure," he told The Country's Rowena Duncum.Whole Milk Powder's rise of 21 per cent was a "standout", and "getting towards levels that we haven't seen for quite some time," Hurrell said.The results reflected strong demand from China, where consumption was still growing at around 7.5 per cent, against domestic milk in that market which was roughly 5 per cent," Hurrell said."[This] still leaves that delta there off a larger base than we've seen previously, which goes a long way to signalling that they need our products. So that's a positive."New Zealand's "relatively stable" supply chain also helped, Hurrell said.Hurrell wasn't surprised to see North America's absence from this auction, as they were "coming into a bit more milk this time of year," along with Europe."We're probably on the cusp of two seasons as we wind down the Southern Hemisphere and the Northern Hemisphere hasn't quite kicked into gear.""So that doesn't surprise me so much. The surprise [is the] demand that came out of China in particular."Hurrell wouldn't confirm whether the GDT's continuous positive run would result in a lift in forecast farmgate milk price range.

Fonterra's Head of Co-op Affairs reviews last night's GDT auction (down 1 per cent, WMP -2 per cent) and comments on where the global buying interest is currently coming from - largely China and South East Asia with a notable absence from the Middle East.

PGG Wrightson's GM for Livestock, Peter Moore talks Global Dairy Trade success and promising bull sales.

DairyNZ chair talks about the milksolids levy, welcome rain in the regions and a positive Global Dairy Trade result.

Fonterra's Managing Director of Co-op Affairs reviews a great Global Dairy Trade auction overnight, as dairy commodity prices defied gravity to increase by 1.2 per cent (WMP +2.1 per cent, Butter +4.5 per cent, SMP -0.8 per cent).

Although the latest Global Dairy Trade auction result was "very good" it was also "inline with expectations" says Fonterra's Chief Financial Officer Marc Rivers.

With the Global Dairy Trade, Event 230 taking place on Tuesday the Dairy Complex found some support settling in the green. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

The Global dairy Trade Auction on Wednesday posted the largest gain of 5 consecutive auctions. The aggregate was up a total 6.7%. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

The Global Dairy Trade auction showcased its fourth straight positive auction with the GDT Price Index jumping 4.2%. Meanwhile, futures showed mixed reactions across the board. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter