In 2012, dairy farmers are looking ahead to a year of lower debt, higher cashflows and much stronger profit margins than ever before. Read my forecast for 2012 and beyond,...
On 15 December 2010 the globalDairyTrade trade-weighted product price was US$3690 per tonne. Amazingly. the corresponding period in 2011, December 20th, the average winning price was an almost identical $3688 per tonne.
Today's globalDairyTrade was down by 1.6% on the trade weighted index - individual products were winners and losers. Whole Milk Powder and Skim Milk Powder were down but AMF (Anhyrous Milk Fat) was up.
This comment is a bit 'tongue in cheek' - but it is interesting to note that whole milk powder prices are several hundred dollars a tonne higher this year than last year at the same point. Does this mean that our milk price will...
