Farmlytics

April 2015

Dairy Market Update

New dairy data from the USDA shows the extent to which milk prices have fallen in the US and elsewhere in recent months, as increased production and higher stocks of processed products are putting pressure on prices.  The farm gate price for class III milk (for cheese) in March was[…]

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EU Aims to Compromise on GM Crops

The European Union is to apply the principle of “subsidiarity” and allow individual member states a greater say on the regulation of GM Crops. The move will allow member states to decide whether or not GM crop varieties can be grown or used for food and feed on their territories.[…]

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Slower Growth In China

The Chinese government is continuing to take steps to fight against a slowing economy – with an announcement to stimulate growth, by cutting the reserve requirement ratio for banks. This it hopes will boost lending by adding more liquidity into economy. The latest IMF economic outlook figures (April 2015) forecast that GDP[…]

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Oilseeds Market Update

A bigger than expected oilseed crop in Latin America is likely to offset a poor harvest within India. The USDA also report that US farmers will plant an extra 1 million acres of soyabeans in 2015/16 compared with 2014/15, mostly replacing corn across the corn belt, and cotton across some[…]

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High Path Avian Influenza Impacts on US Poultry Exports

The latest US Livestock and Poultry Outlook report shows the extent that Avian Influenza related restrictions are impacting on US poultry exports. Total broiler shipments in February were 17% down on February 2015. Export bans by China and South Korea went into effect in January, on top of an existing[…]

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Fertiliser Use in the UK

DEFRA have published the latest data on the use of fertiliser in UK agriculture. Long term data shows that the use of Nitrogen fertiliser on crops and grass on UK farms peaked in the mid 1980s at 1,674 thousand tonnes, when concerns over the impact on the environment, policy changes,[…]

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