Milk Prices 2013

PRDY

I'm doing an Ag science project for the Leaving Cert and I was just wondering if I would be able to find a website that provides graphs or charts or anything like that on milk prices that farmers were getting from last year.

Any help is much appreciated!

whelan2

PRDY wrote: »

I'm doing an Ag science project for the Leaving Cert and I was just wondering if I would be able to find a website that provides graphs or charts or anything like that on milk prices that farmers were getting from last year.

Any help is much appreciated!

there is a thread here on milk price

TEAT SQUEEZER

national milk agency should have figures on liquid milk .. somewhere like the farmers journal should have the figures on manufacturing and you can set your own graph:P...

maxxuumman

Looks like the price drop has started
http://agrihq.co.nz/article/dairy-product-prices-tumble-8.9?p=6

Dairy product prices tumble 8.9%

Dairy product prices had their biggest drop in almost 20 months at Fonterra’s latest GlobalDairyTrade (GDT) auction, as whole milk powder fell to its lowest level in more than a year.

The GDT price index dropped 8.9% to US$4124 a tonne from US$4563 a tonne two weeks ago, the fourth straight decline and the lowest price since August 2012.

About 39,653 tonnes of product was sold, up from 39,008 tonnes two weeks ago.

Soaring prices of global dairy products helped Fonterra lift sales in its first half by 21%, including record shipments to China in December.

Profit tumbled 53% as the high price of milk, which was based on reference products including milk powder, drove up its input costs for products such as casein and cheese.

The company said last month it did not predict any let-up in the second half because factory constraints had led to an unfavourable product mix.

In the latest auction, rennet casein rose 5.5% to US$11,105 a tonne while cheddar fell 3.5% to US$4438 a tonne.

Whole milk powder, the biggest product sold by volume, fell 8.4% to US$4033, its biggest decline since May last year.

Skim milk powder prices dropped 9.6% to US$4126 a tonne and butter declined 11% to US$4040 a tonne.

Butter milk powder prices tumbled 15% to US$4211 a tonne and milk protein concentrate declined 4.3% to US$8436 a tonne.

Lactose wasn't offered at the event.

There were 167 winning bidders out of 201 participating bidders at the auction over 11 rounds.

The number of qualified bidders rose to 756 from 747 at the last auction.

Brown Podzol

How is it that the GDT auction price always falls when NZ is coming into the dry period or am I being paranoid. Seems to happen most years.

C0N0R

Brown Podzol wrote: »

How is it that the GDT auction price always falls when NZ is coming into the dry period or am I being paranoid. Seems to happen most years.

Fonterra are cute! Supply and demand

TEAT SQUEEZER

C0N0R wrote: »

Fonterra are cute! Supply and demand

they dont stockpile thats for sure .. clear the decks at any price:(

case 956

from what i heard lately nz products aren't as much sught after from the chinesse as they would like after the scandal last year, hope there right and we get decent enough price

Gman1987

China imported 200,000mt more from New Zealand last year than they did the in 2012 so I dont think they are gone off New Zealand product!

The GDT is not the only fall in prices in the market, The European prices like Dutch weekly has been falling for the past few weeks also. Nothing lasts forever!!