Minister Must Obtain Retention of €30M Unspent Fund from EU Milk Reduction Scheme

20:37 | 07/04/2017

EU - Payments for the first phase of the EU production scheme were made last week, and those for the much smaller second and last phase will come due at the end of this month.

New Report Shows Importance of Dairy Industry

20:01 | 22/02/2017

NEW ZEALAND - A new report confirms the dairy industry makes a major contribution to New Zealand’s economy, says Primary Industries Minister Nathan Guy.

Japan's Dairy Import Prices Soar Amid Output Cuts

21:32 | 20/02/2017

JAPAN - Cheese and butter import prices are climbing as exporting nations in Oceania and Europe curtail production of raw milk, while the yen's weakness against the dollar could eventually have a ripple effect on domestic retail prices.

NZ Commodity Prices Down in January

16:58 | 04/02/2017

NEW ZEALAND - New Zealand commodity prices dipped in January, with wool and dairy weakness counteracting broad-based gains.

Dairy Maker Domty to Finish 2016 Investment Plan in Q2 of 2017

20:24 | 23/01/2017

EGYPT - Egyptian dairy maker Arabian Food Industries Company-Domty is scheduled to finish its investment plan within the second quarter of 2017, Head of Investors Relations Ahmed El-Homosany stated Thursday.

Dairy Prices Tipped to Rise at Auction

22:27 | 16/01/2017

NEW ZEALAND - Futures market trading is pointing to a mild improvement in dairy prices at this week's GlobalDairyTrade auction after a surprisingly weak start to the year.

Bank of China Agrees Landmark Chinese Facility with Fonterra

22:52 | 21/12/2016

NEW ZEALAND - Bank of China has signed a landmark agreement with Fonterra consistent with both organisations’ on-going commitment to building New Zealand business interests in China. Bank of China New Zealand and the Co-operative have established a RMB 1.5 billion (NZ$300 million) multi-currency bank facility including a Chinese currency component.

Dairy Crest Announces Milk Price Increase in January 2017

10:09 | 11/12/2016

UK - Dairy Crest has announced a 2ppl increase from 1 January 2017 followed by a further 2ppl increase from 1 February 2017. This has been agreed with Dairy Crest Direct (DCD).

First Milk Confirms Price Increases for December

20:56 | 06/12/2016

UK - First Milk, a major dairy company, has confirmed an increase in prices in December.

Müller to Raise Milk Prices Further in January

21:51 | 02/12/2016

UK - Müller will start the new year by adding a further 2.5ppl to the milk price it offers farmers, building on its 2ppl uplift which takes effect from 1 December.