2017 definitely started off on the right foot for those importing from China: during the first two months of the year(source: CLAL), if compared to the same period of 2016, there was an increase in volume (+3,8%) and, most importantly, an increase in value (+16,2%) of milk and dairy export, with around 454.736 tons
In Oceania limited milk production is sustaining prices in the dairy sector.
In Australia, where the summer is drawing to an close, the availability of milk is still limited.
Milk production dropped in the second half of last year both in Australia (-8.55% in the July-December period compared to the same period
2016 ended with a fall in milk production for Australia and New Zealand, the two main countries of Oceania; Australia lost 10.29% in the July-October period of 2016 compared to the same period the previous year and New Zealand reported a decrease of 3% over a longer period – from
The New Zealand dairy industry has been facing difficulties for almost two years, experiencing a lethal combination of excess supply and declining demand from key trading partners. They include China which weighs heavily on the sector and has brought milk prices down to their lowest ever. Considering the importance of
There has been a sharp drop in Chinese milk powder imports. In September of this year there was a significant drop in whole milk powder (-46.5%) compared to the same month in 2015, which ate into the positive performance of this year's January-September period (+19.6% in volume and +7.1% in
Milk production in August was down by 9.28% in Australia compared to the same month the previous year. Reasons for this are to do with the weather situation. Although spring rains brought some relief to livestock farmers in the southeast and a reduction in prices of water for irrigation (with
New Zealand milk production in August has caused concern about the availability of milk during the months to come and the effects of this have not been slow to emerge. For example a major New Zealand cooperative, Fonterra, has recently increased the price of milk paid to farmers. The increase was
EU butter exports were booming in July this year; the month saw a volume increase of 18.1% compared to the previous year, thereby confirming the product's positive trend which registered a growth rate of 36% in the first seven months of the year as well as an increase in export
Prices of whole milk powder are increasing slightly. This tendency is being met very positively by New Zealand farmers as whole milk powder strongly influences the price of milk paid to farmers by large processing companies.
Skimmed milk powder prices are also rising. This is due to the widespread perception that
In August this year imports of the following dairy products increased in volume compared to the same month the previous year: cheese (+63.9%), infant formula (+34.8%), butter (+34.6%), whey powder (+31.9%), milk and cream (+30.5%) and whole milk powder (+20.6%). However, skimmed milk powder decreased (-18.9%).
If we consider the first eight months of this year (January-August), the largest increases
