Milk farmgate prices remain strong with Bega offering a record high opening price
The Rural Bank May update provides an analysis of production and pricing trends for local dairy producers Rural Bank has released its May 2022 update for the Dairy industry at a time when the Global Dairy Trade Index declined a further 8.5% in April to US$1,379 per tonne whilst SMP and Cheddar prices declined by […]
Dairy farmers have reached a plateau where growth seems the most likely path
With recent record-breaking profitability in the Dairy sector it offers a solid footing to reboot much-needed growth in milk production Following a rollercoaster ride over the past decade, the dairy sector has experienced a remarkable turnaround, underpinned by favourable seasonal conditions, high farmgate pricing and a shift in the balance of power within the supply […]
Dairy prices up but market uncertainty abounds
A Rabobank report notes the dairy market is slowly returning to normal but warns there could still be plenty of bumps in the road
Dairy farmers weather global storm with strong return to profitability
Its three consecutive years of growth and profits for Dairy farmers as another good season is predicted Our local dairy industry has weathered the “severe global storm” and emerged in good shape, with the southern export sector on track to report healthy profitability for the third consecutive season. This is the finding in Rabobank’s just-released […]