Period: April 4 – 15, 2016
MILK PRODUCTION
- Australia *: -0.74% (Jul 15 – Feb 16 vs. Jul 14 – Feb 15)
- New Zealand *: -1.81% (Jun 15 – Feb 16 vs. Jun 14 – Feb 15)
BUTTER (82%): prices weakened following GlobalDairyTrade auction on April 5. Dairy Australia reports Australia butter production during January (6,427 Tons) was down -21.2% from January 2015. For the season through January, production was -4.5% below the same period in the prior production season. During Jan-Feb 2016 period, New Zealand export increased (compared to Jan-Feb 2015), while Australian export decreased.
CHEDDAR CHEESE: prices increased, Australian production is stable (Dairy Australia reports 28,993 Tons during January). Export increased during Jan-Feb 2016 period (compared to Jan-Feb 2015).
SMP: prices steady at the bottom of the range, while they decreased at the top. Dairy Australia reports Australia SMP production during January (20,535 Tons) was down -13.1% from January 2015. For the season through January, production was +11.9% above the same period in the prior production season. New Zealand export increased during Jan-Feb 2016 period (compared to Jan-Feb 2015), while Australian export decreased.
WMP: prices slightly increased at the bottom of the price range, while weakened at the top. Australia WMP production during January was up +30.2% from January 2015, reaching 5,573 Tons level. For the season through January production was -16.2% below the same period in the prior production season. Export decreased during Jan-Feb 2016 period (compared to Jan-Feb 2015).
In Oceania the average prices of the main dairy commodities decreased, as well as Australian production declined in January, following a decrease in milk supply. Exceptions are cheese, with increasing prices and stable production, and WMP, whose production increased.
CLAL.it – Australia: export of the main dairy commodities (monthly average)
CLAL.it – New Zealand: export of the main dairy commodities (monthly average)
Note: · Assessments about market trend are expressed in US$; · * Dairy season: July, 1st – June, 30th (Australia), June, 1st – May, 31st (New Zealand).
Source: USDA summarized by the CLAL Team
More informations about milk production in New Zealand and Australia are available on CLAL.it
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The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.
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