Period: September 19 – 30, 2016
AUSTRALIA
- Milk producers: hay crops are expected to be good, but questions remain as to quality following above average spring rains. Prices are expected to ease as sun dries grasses and cutting gets underway.
NEW ZEALAND
- Milk production: during August was -2.68% below August 2015. A factor contributing to lower production may be bad weather at the end of this August.
- Milk producers: major cooperative in New Zealand recently increased milk pay prices.
CLAL.it – New Zealand: Farm-gate Milk prices
MILK PRODUCTION
- Australia *: -10.34% (Jul 16 vs. Jul 15, July data are provisional)
- New Zealand *: -1.99% (Jun – Ago 16 vs. Jun – Ago 15)
BUTTER (82%): prices slightly declined at the top of the price range. Some manufacturers have adjusted market pricing following the September 20 GDT auction results. There is a good supply of butter available and buyers do not feel pressured to finalize purchases.
CHEDDAR CHEESE: prices firmed slightly. Production in New Zealand continues to be lower than desired due to the volumes of early season milk availability.
SMP: prices are up slightly at the bottom of the price range but up more at the top. The top range prices are not believed to represent significant volumes of transactions and relate to time imperatives. Sellers and buyers in the region are quite aware of European SMP pricing. Manufacturers in New Zealand feel other dairy products offer more attractive returns.
WMP: prices slightly increased, keeping at the highest level of 2016. Manufacturers expect continuing price strength into the Fall.
New Zealand: the August 2016 results have left some anxiety about milk supply volumes that will be available for manufacturing in coming months.
Kimberly Crewther, Executive Director of the Dairy Companies Association of New Zealand (DCANZ) since 2013, will participate in the Panel discussion “Duties and subsidies: experiences in the World” during the CLAL Dairy Forum 2016, Tuesday October 11, 2016 in the afternoon (CEST).
The event will be in live streaming on the CLAL.it Home page. Also Carlos Martín Óvilo, Policy officer, European Commission, will participate in the Panel discussion, as well as managers of important Companies of the international dairy industry. Click for more details >
CLAL.it – New Zealand/Fonterra – Farm-gate raw Milk prices
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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