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TheDairySite Newsletter - 19 August 2016

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TheDairySite
Friday 19th August 2016.
Alice Mitchell - Editor

Alice Mitchell
Editor


AB Vista

MSD Animal Health

Dairy Slump Declared Over After Prices Jump

Dairy prices leapt up by nearly 13 per cent at the Global Dairy Trade auction on Tuesday, leading the Irish Farmers Association (IFA) to say that dairy's two-year price slump is "well and truly over".

The GDT price index rose by 12.7 per cent from levels seen at the previous event, reaching an average price of $2,731 (USD/MT, FAS). Whole milk powder saw the biggest price rise, of 18.9 per cent.

This follows a rise of 6.6 per cent in overall average prices at the previous event on 2 August.

IFA National Dairy Chairman Sean O’Leary commented: “The recent positive GDT results mirror the EU market price evolution, reflecting the lower global availability of milk, the utilisation of stocks, and the relatively good demand growth.” – Click here to read more.

Both the IFA and the National Farmers Union of Scotland urged processors to pass market gains onto milk suppliers as quickly as possible.

NFU Scotland Milk Committee Chairman, Graeme Kilpatrick said: “The dramatic and welcome change in dairy markets means we have an urgent need to engage with milk buyers and retailers and ensure that there is no further time lag in the upturn being reflected in farmgate prices.

“That has not been the case in the past and analysis has shown that farmgate prices are quick to fall but slow to recover.” – Read more.



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Company News

Animal Nutrition Advancements to be Showcased at WNC Pre-Conference Symposium
CANADA - Industry experts will share research and expertise on how to leverage tools and ingredients for animal performance and environmental benefits, at the Western Nutrition Pre-Conference Symposium in Saskatoon, Canada, on September 20th.
AB Vista Welcomes New Technical Sales Manager for Australasia
GLOBAL - AB Vista has expanded its global team with the appointment of nutrition expert Dr. Ken Greaney, who joins the company as technical sales manager for Australasia.
Market Reports

Usage of Milk by Dairies in England & Wales – June 2016
USDA National Dairy Products Sales Report - 10 August 2016

Global Dairy Industry News

   Global

Foot and Mouth Reports: Mongolia, Zimbabwe Hit by Disease
Price Slump Declared Over as Dairy Auction Shows 13% Jump

   United Kingdom

CCTV in Slaughterhouses is Cost-Effective and Feasible, say Experts
Union Urges 'Culture Change' in Dairy Supply Chain Over Milk Prices
Further Calls for Post-Brexit Revolution in British Farm Funding
Britain's Dairy Herd Declining
UK to Maintain Agriculture Funding until 2020 Despite Brexit

   New Zealand

Fonterra Milk Price Transparency Improving, Report Suggests

   Ireland

Concern Over Animal Feed Mislabelling in Ireland

   China

Chinese Dairy Industry Recovering from Scandals, Report Suggests

   Denmark

Researchers Investigate Manure Greenhouse Gas Emissions

   United States

CME: Large Soybean Harvest to Improve Feed Prices
US Government Asked to Help Dairy Farmers by Buying Cheese for Needy
Record US Crop Production Forecast Good News for Feed Prices

   Australia

Australian Politician Calls for Laws to Prevent Dairy 'Claw-Backs'

   European Union

European Labs Train Up on Lumpy Skin Disease Detection

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