Global Dairy Subsidies: Inequality and Sustainability Rhetoric
Recently, India has successfully concluded a Free Trade Agreement (FTA) with the United Kingdom, and negotiations with New Zealand have commenced. In contrast, the United States continues to engage in tariff politics with numerous countries worldwide. Throughout these negotiations, the Indian government and the Prime Minister have consistently taken a firm stance against opening sensitive […]
Global Dairy Price Index Moved up slightly at GDT event
The Global Dairy Index is up slightly. Tuesday’s trading session saw the price index go up four-tenths of a percent with an average price of $3,837 per metric ton. Cheddar cheese, anhydrous milk fat, and butter prices were up, while Lactose, Mozzarella cheese, skim milk powder and whole milk powder prices went down. There were […]
Global Dairy cattle feed production reduced by 2.3% in 2023
Global animal feed production remained steady in 2023 at 1.29 billion metric tons (BMT), a slight decrease of 2.6 million metric tons (MMT) — or 0.2% — from 2022’s estimates, according to the 2024 Agri-Food Outlook, released today by Alltech. The annual survey, now in its 13th year, includes data from 142 countries and more than 27,000 […]
Overview of annual performance of Global dairy giants
In February, almost all leaders of the global dairy market reported their results for 2023. Some companies will present their results until May 2024. However, today we can already see the picture being formed by major milk processors for themselves and the market. DairyNews Today has compiled key results and forecasts from leading companies for […]
Global dairy in conflict of rising demand vs pressure to cut C02
Even as some parts of the world worry about a shortage of milk and dairy products, governments in other regions are actively trying to reduce dairy farming. That is the unprecedented market situation facing the Irish dairy industry, which exports more than 1.7 million tonnes of product to more than 130 countries. In 2022, global […]
How far is China’s Slowdown is spreading ? Ask a dairy farmer
OTOROHANGA, New Zealand—As the sunrise cast a pink glow around 6:30 a.m., Michael and Susie Woodward worked together to attach suction cups to the udders of dozens of cows in the milking shed of their New Zealand dairy farm. When a tanker arrived to take the milk to a processor, Michael Woodward calculated the day’s […]
Global dairy markets “teetering on the edge” – Rabobank
Global dairy markets are “teetering” at low milk production levels not seen since 2014, Rabobank says in its just-released Q4 Global Dairy Quarterly report. The agribusiness banking specialist says weather-related issues have decimated peak milk production in New Zealand and Australia, while supply growth has also been stymied in the US and Europe by squeezed profit margins […]
Global dairy markets “teetering on the edge” – Rabobank
Global dairy markets are “teetering” at low milk production levels not seen since 2014, Rabobank says in its just-released Q4 Global Dairy Quarterly report. The agribusiness banking specialist says weather-related issues have decimated peak milk production in New Zealand and Australia, while supply growth has also been stymied in the US and Europe by squeezed profit margins […]