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What today s dairy auction means for 2021/22 NZ milk price forecast

What today s dairy auction means for 2021/22 NZ milk price forecast 5 May, 2021 05:35 AM 3 minutes to read Today s dairy auction has reinforced high milk price forecasts. Photo / Supplied Dairy prices dipped a little at this morning s dairy auction but they have mostly remained elevated, thereby confirming the high farmgate milk price forecasts, analysts said. Westpac senior agri economist Nathan Penny said the result was consistent with the bank s 2020/21 milk price forecast of $7.90/kg. Read More Similarly, the result means that global dairy prices remain on the front foot heading into the new dairy season, he said. After the previous auction late last month, Penny lifted his forecast for the upcoming 2021/22 milk to $8.00/kg.

Mike mcintyreNathan pennyNorth asiaGlobal dairy tradeCommodity price indexFarm gateமைக் முசந்த்ிரேநாதன் பைசாவடக்கு ஆசியாஉலகளாவிய பால் வர்த்தகம்பண்டம் ப்ரைஸ் குறியீட்டுபண்ணை வாயில்

Fonterra prepares investors for big news with capital restructure

Last month the company sold its Chinese farms as it concentrates more on paying down debt and the domestic market. One perennial issue is the extent to which non-farmers are able to invest in the co-op. In 2012, the company brought in the Trading Among Farmers (TAF) structure, providing a way for non-suppliers to invest through the sharemarket as well as a separate platform for farmer owners to trade their shares. Dominico Zapata/Stuff Bringing non-farmer investors into Fonterra has always been an issue, Penny says. While TAF continues to function effectively today, it’s important to look at whether it best supports our co-op’s purpose and refreshed strategy over the longer term, Fonterra said.

New zealandKeith woodcockFonterra shareholders fundTrading among farmersNathan pennyபுதியது ஜீலாந்துவர்த்தக மத்தியில் விவசாயிகள்நாதன் பைசா

Dairy prices steady at GDT, Westpac lifts forecast to $8/kg

Dairy prices steady at GDT, Westpac lifts forecast to $8/kg 20 Apr, 2021 10:31 PM 3 minutes to read Dairy prices were mostly steady at this morning s Global Dairy Trade auction. Photo / NZ Herald Dairy prices were mostly steady at this morning s Global Dairy Trade auction. Photo / NZ Herald Westpac has lifted its current season farmgate milk price forecast by 75c to $8.00 kg, following on from a steady Global Dairy Trade auction. The bank s senior agri economist, Nathan Penny, also expects global dairy prices to remain stronger for longer in the current dairy price cycle. At the same time, the bank has stuck with its similarly healthy $7.90/kg forecast for 2020/21.

United statesJamie mackayGlobal dairy tradeNathan pennyMiles hurrellSouth americaMiddle eastFarm gateஒன்றுபட்டது மாநிலங்களில்ஜேமி மகேஉலகளாவிய பால் வர்த்தகம்நாதன் பைசாதெற்கு அமெரிக்காநடுத்தர கிழக்குபண்ணை வாயில்

Global Dairy Trade auction softens slightly

Global Dairy Trade auction softens slightly 16 Mar, 2021 05:01 PM 2 minutes to read The Country Prices in the latest Global Dairy Trade auction have softened slightly, with a 3.8 per cent drop across the board. Leading the decline, Whole Milk Powder - which has the biggest influence on Fonterra s farmgate milk price - fell 6.2 per cent to an average US$4,083/MT. Butter also fell 2.8 per cent to an average US$5,659/MT. All other reference products were up, however, with Skim Milk Powder - Fonterra s second biggest reference product - up 0.7 per cent to an average US $3,350/MT. Advertisement Lactose posted the biggest lift - up 8.6 per cent to an average US$1,392/MT, followed up Anhydrous Milk Fat, which rose 3.7 per cent to an average US$6,155/MT.

Global dairy tradeWhole milk powderSkim milk powderAnhydrous milk fatNathan pennyஉலகளாவிய பால் வர்த்தகம்முழு பால் பௌடர்சறுக்கு பால் பௌடர்நீரிழிவு பால் கொழுப்புநாதன் பைசா

There s good news for dairy farmers -- with dairy prices expected to stay high until at least spring - 17-Mar-2021

There s good news for dairy farmers -- with dairy prices expected to stay high until at least spring - 17-Mar-2021
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Global dairy tradeNathan pennyஉலகளாவிய பால் வர்த்தகம்நாதன் பைசா