Tag: Milk Pricing

First milk announces April price drop and ‘simplification’ of milk pools | Farmers Guardian

First milk announces April price drop and ‘simplification’ of milk pools | Farmers Guardian

“The strength of a co-op is in bringing members together to draw strength in a common cause,” he said. “First Milk Members in Scotland have suffered from lower prices on the whole, but this move is more important than regional sensitivity as it demonstrates a commitment by First Milk to a simpler and equitable pricing […]

Milk price cut a big blow to Limerick farmers | Limerick Leader

Milk price cut a big blow to Limerick farmers | Limerick Leader

THE County  Limerick chairman of ICMSA’s national dairy committee says the milk price cuts announced by Kerry and Glanbia raise “fundamental questions about the continued lack of price transparency and whether parts of the supply chain are benefiting from price volatility.” Gerald Quain, a dairy farmer in Colmanswell, said the decision of both Glanbia and Kerry Group to […]

‘Who benefits from volatility?’ – Processor price cuts lambasted | Agriland

‘Who benefits from volatility?’ – Processor price cuts lambasted | Agriland

Milk price cuts announced by Glanbia and Kerry raise fundamental questions about the continued lack of price transparency and whether parts of the supply chain are benefitting from price volatility, according to the Irish Creamery Milk Suppliers’ Association (ICMSA). Commenting on the issue, Gerald Quain – the ICSMA’s dairy committee chairman – said: “The decision […]

‘Milk market resilience in 2018 continues’ | Agriland

‘Milk market resilience in 2018 continues’ | Agriland

The ongoing resilience being demonstrated in the milk market must force processors to rethink their milk pricing strategy as Irish farmers head towards peak production, according to the Irish Creamery Milk Suppliers’ Association (ICMSA). Speaking on the topic, the organisation’s dairy committee chairperson Gerald Quain said that, while he recognised that dairy markets had weakened […]

What is Dairy Revenue Protection? | FB.org

What is Dairy Revenue Protection? | FB.org

Dairy Revenue Protection (Dairy-RP) is a concept plan of insurance, developed by the American Farm Bureau Federation, American Farm Bureau Insurance Services and other collaborators which would allow dairy farmers to purchase risk management protection against declines in quarterly revenue from milk sales, i.e. unexpected declines in milk prices, unexpected declines in milk production, or […]

Murray Goulburn increases milk price | Riverine Herald

Murray Goulburn increases milk price | Riverine Herald

Major milk processor Murray Goulburn has lifted its opening price for the 2017-18 season from $4.70/kg milk solids to $5.20/kg and increased its forecast range of prices for the season. The company, which has come under sustained criticism from suppliers for the low opening price, has lifted the upper end of the forecast, taking the […]

Roberts, Stabenow press for action on Canadian dairy pricing | WallacesFarmer

Roberts, Stabenow press for action on Canadian dairy pricing | WallacesFarmer

Canada implemented the new national pricing strategy that blocks ultra-filtered milk, which caused several processors in the United States to tell farmers to find new processors as of May 1. “Since April of 2016, Canadian provinces have been modifying their pricing schemes for certain dairy products,” the senators said in their letter. “Currently, Canadian provinces […]

European Union raises Canada’s ultra-filtered milk pricing strategy as a CETA concern | The Council of Canadians

European Union raises Canada’s ultra-filtered milk pricing strategy as a CETA concern | The Council of Canadians

This issue has also been the subject of tension with the Trump administration. TVOntario explains, “There used to be five different classes of milk under NAFTA, but last year Ontario added a sixth class, plus a new ‘national ingredients strategy’ that lowered the cost for Ontario processors to buy Canadian milk ingredients. Soon other provinces […]

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda […]

Toledo-area shoppers drink up drop in milk prices | The Blade

Toledo-area shoppers drink up drop in milk prices | The Blade

Some shoppers may not have noticed, but milk prices have been falling steadily the past 18 months, and locally the price of a gallon is less than half the U.S. average cost, possibly stemming from pricing bait by the large grocery chains. In the Toledo area this week, a gallon of milk costs $1.09 at […]