Pricing Pressures

Murray Goulburn to restore struggling business after $293m FY17 revenue loss

Murray Goulburn has introduced a business restructuring plan to offset lowered milk intake.

Murray Goulburn Co-operative (MG) reported a 10% loss in revenue equivalent to AU$371m (US$293m) for the full year ending June 30, 2017, largely driven by a decline in fluid milk sales.

Glanbia's loyalty scheme will be fixed for a five-year period, regardless of whether the price of milk goes up or down.

Glanbia Ireland launches five-year loyalty scheme

Dean Foods is looking to cost savings for the remainder of 2017 after posting financial results the company said are "well below expectations."

Dean Foods looks to cost savings after Q2 profit falls

Butter prices have a hit a record high in Europe while skimmed milk powder demand slackens.  ©iStock/Eplisterra

Global food prices near three-year high driven by record butter prices

Nearly one-third of all US dairy products are exported to Mexico representing roughly 73% of all Mexican dairy imports, according to USDEC. ©iStock/Darwel

USDEC CEO Vilsack stresses importance of NAFTA at congressional meeting

Fonterra is hiking its milk price by 25 cents per kgMS.

Fonterra hikes farmgate milk price by 25 cents

The updates to MPP aim to provide US dairy farmers with better production against milk production losses. ©iStock/Hillview1

MPP updates improve safety net program for US dairy farmers before Farm Bill expires

As a result of heatwaves and drought in various regions EU cereal production is likely to be slightly below average in 2017-2018 for the second year running, slowing down EU exports and tightening EU stocks. ©iStock

EU agricultural outlook sees cereals dip but quota-free sugar surge

India is expected to maintain its position as the world's largest butter producer through the forecasted period. ©iStock/Grigorenko

India to become world’s largest producer of milk by 2026

As butter prices rise, is there an opportunity to create more butter from the same amount of milk? Pic: ©iStock/Twoellis

Butter shortage? How to improve yield from the same amount of milk

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