Dairy

Market Update

Farm prices are continuing to come under pressure across markets, the latest  World Bank pink sheet data gives beef prices for August 18% down on August 2014, sheep meat prices down 21%, and soyabeans down 17%. Milk prices have also fallen again. The FAO Dairy Price Index for August was down by 9.1% on  July – […]

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Prices and Protests

Dairy farmers across the EU have hit the headlines in recent weeks with protests against falling farm gate milk prices. In the UK some farmers protested by leading cows into supermarket aisles to highlight the losses made per litre of milk produced, and the fact that the retail price of milk. is often lower than […]

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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 33.3% down on March 2014, […]

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Feed driving down milk production costs

The USDA has released its latest data on milk production costs. The average costs of producing a cwt of milk in the US  in January 2015, was 6% down on December 2014, and 8% down on January 2014. The biggest drop was in the cost of purchased feed which was 16% down on December, and […]

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RIP Milk Quotas

April 2015 will mark the end of an era within EU milk production, after more than 30 years milk quotas will be abolished. The UK dairy sector has changed dramatically since the introduction of quotas, in 1984 there were 3.28 million dairy cows in the UK, with 50,625 dairy herds. In 2013 the herd has […]

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