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TheDairySite Newsletter - 08 April 2016

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TheDairySite
Friday 8th April 2016.
Alice Mitchell - Editor

Alice Mitchell
Editor


MSD Animal Health

Dairy Consumption Predicted to Show Steady Growth

The global dairy market outlook will remain weak throughout 2016, but with more upward pressure on prices as we head into 2017, according to the Rabobank Global Dairy Quarterly Q1 2016 report.

Global dairy commodity US dollar prices have continued to stumble along a market floor largely determined by the level of EU intervention support.

The short-term outlook remains pessimistic. In the face of a cripplingly long price trough entering 2016, production growth in the world’s milk production regions has continued to slow.

“Looking forward, the news is by no means all bad for the dairy industry,” said Kevin Bellamy, Rabobank’s Global Dairy Strategist.

“With the exception of Brazil - gripped by the worst recession in a generation - Rabobank sees dairy consumption continuing to grow in Asia, as well as in the US and EU.” – Click here to read more.

In market news, the latest Global Dairy Trade (GDT) auction results showed a rise of 2.1 per cent in the GDT Price Index since the previous event.

Skimmed milk powder rose in price by 0.1 per cent and whole milk powder by 1.5 per cent, but cheddar was the big winner with a price rise of 10.5 per cent. Despite this, butter prices fell by 2 per cent, and butter milk powder prices fell by 8.2 per cent – read more.

In New Zealand, the Federated Farmers organisation has welcomed the announcement that the Financial Markets Authority and Reserve Bank have formally approved NZX’s milk price futures and options contracts.

Expected to launch in May 2016, these are designed to address growing demand from both producers and purchasers of milk to manage risk around price fluctuations.

“It won’t be for everyone, but this will give New Zealand dairy farmers a risk management tool that makes their business less susceptible to significant price fluctuations,” said Federated Farmers Dairy Industry Chair Andrew Hoggard - read more.



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Company News

New Study: Real-time PCR Uncovers Trich Prevalence in Bulls in Mexico
GLOBAL - The bovine trichomoniasis (trich) prevalence in Mexico was unknown among breeding bulls prior to a collaborative study with the Universidad Autónoma de Chihuahua (UACH), said Ivan Leyva-Baca, DVM and PhD at Thermo Fisher Scientific.
Market Reports

USDA National Dairy Products Sales Report - 30 March 2016
United Kingdom Price, Volume and Composition of Milk - February 2016

Global Dairy Industry News

   France

France Launches Action on Animal Welfare

   United Kingdom

Tesco's New Cheese Group to Pay Above Market Rates
Study Finds Brexit Poses Serious Risks to Farmers
Farmers Call for Evidence on Dairy Reduction in Eatwell Guide
Hoof Care Tips Part 2: How Does Hoof Damage Occur?
Müller Consulting on Closing Two Factories in Scotland

   United States

US Dairy Export Obstacles Highlighted in New Report
USDA Reports Record Growth In US Organic Producers
Soil Testing Essential to Kick-Start Pasture Improvement

   European Union

EU's Young Farmers Held Back by Lack of Land, Credit
New EU Animal Health Law to Improve Ag Competitiveness
EU to Provide Milk to Syrian Children in Farmer Aid Measures

   Congo, Democratic Republic

Chinese Expertise to Help Develop DR Congo's Livestock Production

   Global

Dairy Consumption Predicted to Show Steady Growth
Global Dairy Trade Auction Sees Welcome Price Rises

   New Zealand

NZ Milk Price Futures Welcomed as Risk Management Tool

   Netherlands

Friesland Campina Cuts Jobs

Events/Promotions

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The Drost Project - A Visual Guide to Porcine, Pig Reproduction.
Biomin - The Global Mycotoxin threat 2016
Official Vet Conference September 2016

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