EU-28 exports slow down in March 2018, although the balance for the first quarter of 2018 is positive compared to the same period of the previous year. The growth of EU dairy exports in Milk Equivalent (ME) is +1.5%, the …

EU export slowing down in the first quarter 2018 Read More »

Period: April 30 – May 11, 2018 Wetness persisted in Argentina, slowing summer crop harvests but improving pasture conditions throughout the main dairy states of the country. Farm milk production in Argentina is improving seasonally: at this point, milk and cream supplies are adequate …

Uruguay: a guarantee fund for dairy farmers of $36 million [News South America n°10/2018] Read More »

The estimates for the new season 2018-19, starting in September for Corn and in October for Soybean, forecast increasing production and use and decreasing ending stocks from 2017-18. Corn production is forecast at 1056.07 Mio Tons (+1.9% from a year …

Record Soybean import for China – New season outlook [Corn and Soybean – n°5/2018] Read More »

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Period: April 30 – May 11, 2018 Australia is nearing the end of the milk season, recording in March 2018 an increase by +2.5% from March 2017. July 2017-March 2018 milk production was +3.4% over one year earlier. In Victoria, …

Tight milk and butter supplies in New Zealand [News Oceania n°10/2018] Read More »

In March, the US dairy export continues, supported by increasing prices for milk, cheese, milk powders, butter and cream. Also the US dollar getting weaker against the Euro makes US products more competitive on the international market. The balance sheet …

U.S. dairy exports hit a record in March Read More »

Period: April 16 – 27, 2018 The actual conditions of the forage, soybeans and corn crops are reported to be mostly poor in Argentina and Uruguay: this could increase imports of concentrates and, therefore, the operating costs of the dairy farmers. Nevertheless, …

Costs of dairy farmers could increase in South America [News South America n°9/2018] Read More »

Period: April 16 – 27, 2018 While in Northern Australia recent rains have made pasturing more available, in Southern Australia the current season continues to be hot and dry. This has led to more late season feed purchases by some …

The strong global demand for dairy fats keeps Butter prices firming [News Oceania n°9/2018] Read More »

Chinese dairy import kept growing fast in the first quarter of 2018: +15.3% in quantity and +24.2% in value y-o-y. Import is over 758,000 tons of milk and derivatives, for a total value of 2.58 billion dollars. There is still …

China increases its imports of butter and milk powders, cheese slowed down Read More »

Period: April 2 – 13, 2018 In Australia, producers and manufacturers have some uncertainty as to what milk production outcome is expected for the coming season. Murray Goulburn, the biggest dairy company in Australia, was sold to Canadian dairy giant …

WMP and Butter prices reach the highest level of 2018 [News Oceania n°8/2018] Read More »

Global Production for the season 2017-18 is projected lower both for Corn (1036.1 Mio t, -0.5% from March outlook) and Soybean (334.8 Mio t, -1.8%). Corn production is down in Argentina (33 Mio t, -8.3%), on reduction to both harvested …

Record high for Soybean production in Brazil [Corn and Soybean – n°4/2018] Read More »

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