Dairy industry struggling to recruit next generation
Dairy farms are “struggling” to recruit young people to join the industry, according to experts. A recruitment drive has been launched at the annual Dairy Show, held at the Royal Bath and West Showground near Shepton Mallet in Somerset. Ruthie Peterson, careers manager at The Institute of Agriculture and Horticulture, blamed “negative myths” about farming….
GDT dairy index rise again by 1.2% increase and WMP up 3%
Prices have risen again in the latest Global Dairy Trade auction, held overnight, with a 1.2% increase across the board. This follows a 0.8% increase from two weeks ago. Whole milk powder – which has the biggest impact on Fonterra’s farmgate milk price – recorded a solid 3% lift, to an average of US$3559/MT. Skim milk powder – Fonterra’s…
Falling Milk Production Masks U.S. Dairy Industry’s Growth Potential
The U.S. dairy industry has long relied on monthly milk production data from the USDA to track the trajectory of milk supplies available for processing and to project potential dairy product output. Historically, falling milk production from dairy farms would signal a decline in supplies of both fluid milk and the key solid milk components…
Warning for Tesco, Morrison, Sainsbury’s Shoppers Over Dairy
Tesco, Morrisons and Sainsbury’s shoppers have been issued a warning as they could be paying more for their milk in different branches of the same supermarket chain. Consumer champions Which? conducted research comparing prices from 42 everyday essentials, including milk, at larger supermarkets to their smaller ‘local’ or ‘express’ stores. The study revealed that Tesco charged eight percent more for the same carton…
EU challenges China’s dairy product probe at WTO
Summary EU challenges China’s dairy probe at WTO over EV tariffs China’s commerce ministry expresses regret over EU’s WTO challenge China initiated anti-subsidy investigation on EU dairy products in August The European Commission launched a challenge at the World Trade Organisation (WTO) on Monday against China’s investigation into EU dairy products, initiated after the European…
China faces glut of unwanted dairy -Slow economy
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms expanded in recent years, forcing smaller farmers out of business and squeezing shipments into the world’s top importer. China’s milk surplus illustrates the unintended consequences of Beijing’s food security-driven efforts to boost its dairy sector by…
Gates Foundation: Health Spending to Save 40M Children
In its eighth annual Goalkeepers report released today, the Bill & Melinda Gates Foundation urged world leaders to increase global health spending where it is most needed to improve children’s health and nutrition, especially in light of the global climate crisis. The Goalkeepers report, titled “A Race to Nourish a Warming World,” projects that without immediate global…
Challenges ahead for US, European milk output
New Zealand’s dairy industry started the 2024-25 season on a positive note, with July marking a production recovery after a slower June, though output remains on the lower side of the seasonal milk curve. Milk production for the month reached 27.4 million kilograms of milksolids, up 9.2% year on year (YoY) – the highest July…
Dairy sector ready to ride into new growth cycle
Many dairy enterprises are expecting more robust growth momentum in the last months of the year, although the prospect trajectory remains uneven in parts. Optimistic signals from the fast-moving consumer goods (FMCG) sector in the second quarter of 2024 have raised expectations for a stronger recovery in the dairy industry before 2025. Tran Huong My,…
America’s dairy farms disappearing amid rising costs, pricing issues
America’s dairy farms are rapidly disappearing due to rising operational costs and pricing challenges, with small and mid-sized farms being hit hardest as they struggle to compete with large-scale producers and fluctuating milk prices in the global market. Milton Orr looked across the rolling hills in northeast Tennessee. “I remember when we had over 1,000…