Author name: RAJESH SINGH

Global Benchmarks The Commodity Milk Value (CMV) approach to valuing the milk equivalent value of commodity prices can be used to compare market conditions across major exporting regions. Variations in prices paid across regions arise from differences in product mix, conversion costs, competition for milk supply and currencies. In the case of the United States, it …

Global Benchmarks Read More »

What do you think is the future of the Dairy Industry? There was great expectation this time to see if there would be an improvement in demand from regions that typically buy most of the product on GDT, given some recent increases in SGT milk powder futures prices. This event didn’t disappoint and provides the …

GDT rises again Read More »

New Zealand exports of major dairy products fell in March, led by milk powders and butter. WMP exports to China & HK remained weak, down 31% in March, and falling sharply since the start of 2022, reflecting higher local manufacture of product and lockdowns causing much weaker internal market consumption. WMP exports for the month …

NZ WMP exports still falling Read More »

Milk down, while crop plantings positive Australian milk production will fall to 8-8.2bn litres for 2022/23 according to the latest Dairy Insights report from Rural Bank. The Bank expects cost of living pressures are also weighing on consumer demand. Rural Bank points to recent lifts in global dairy prices on the GDT platform and continued …

Milk down, while crop plantings positive Read More »