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Farmgate Milk Price
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Brexit, Commodities Force Arla Foods to Launch Cost-Cutting Plan
Apr 24, 2018European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...
Tags: Brexit, Arla Foods
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Fonterra Forecasts Market-Linked Organic Milk Price
May 13, 2016Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...
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Fonterra Cut The Current Season Forecast Farmgate Milk Price
May 29, 2015New Zealand dairy giant Fonterra Co-operative Group has cut the current season forecast Farmgate milk price to $4.40 per kilo of milk solids (kgMS) after the increase in global commodity prices failed to meet the required expectations. ...
Tags: Fonterra, Farmgate Milk Price
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Coles Gives Undertaking to ACCC for 'our Coles Brand Milk Story'
Apr 8, 2014The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Australian supermarket group Coles following an investigation into a video and cartoon called 'Our Coles Brand Milk Story', which ...
Tags: Milk, Agriculture, Food
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Goodman Fielder Expects Its EBIT in The 2014 Financial Year
Apr 3, 2014Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
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Arla Milk Link Is Cutting Its Farmgate Milk Price Will Come as a "Bitter and Unacceptable"
Jan 10, 2013News that Arla Milk Link is cutting its farmgate milk price will come as a "bitter and unacceptable" blow to its farmer suppliers, the National Farmers Union has warned. Arla Milk Link, which was formed following the acquisition of Milk ...
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Wyke Farms Has Increased The Price It Pays Farmers for Milk by 5ppl
Dec 12, 2012Wyke Farms has increased the price it pays farmers for milk by 5ppl and issued a stark warning to the rest of the industry that if they fail to follow suit the UK could be facing milk shortages this winter. Wyke, the UK's largest ...
Tags: Wyke Farms, milk, milk farmer, milk shortage
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Unusual Weather Has LED Theo Spierings to Forecast an Increase in Global Dairy Prices
Dec 12, 2012Unusual weather around the world, including the drought this summer in the US, has led Fonterra CEO Theo Spierings to forecast an increase in global dairy prices in the first half of 2013. Spierings also pointed to weather events in ...
Tags: dairy price, dairy industry, food industry, Spierings
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First Milk Is The Latest UK Milk Supplier to Announce a Cut to Its Farmgate Milk Price
Dec 12, 2012First Milk is the latest UK milk supplier to announce a cut to its farmgate milk price in the last week. The co-op today (4 July) blamed declining returns from customers in the liquid milk market for its decision to reduce its liquid pool ...
Tags: First Milk, milk price, UK milk supplier, pool price
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Dairy Giant Fonterra Loweres Its Forecast for Annual Earnings in Its Next Financial Year
Dec 11, 2012Dairy giant Fonterra has lowered its forecast for annual earnings in its next financial year, blaming currency fluctuations and "difficult" trading conditions in Australia and New Zealand. The New Zealand company said today (28 August) it ...
Tags: Dairy giant, Dairy, net profit, Fonterra
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Robert Wiseman Dairies Has Become The Latest UK Dairy Processor to Announce an Increase
Dec 10, 2012Robert Wiseman Dairies has become the latest UK dairy processor to announce an increase in the price it pays farmers for milk. Wiseman, owned by German yoghurt giant Muller, is to up the price it pays by 2.57p to 29p per litre on 15 ...
Tags: Robert Wiseman Dairies, UK dairy processing, milk, food industry
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The Price of Milk Dominated Headlines in The UK This Week
Jul 16, 2012The price of milk dominated headlines in the UK this week, with farmers gathering at a summit to air their views on the implications of the cuts and discuss what can be done. Elsewhere, French retailer Carrefour sounded an upbeat note on ...
Tags: milk, price of milk, yoghurt, bread
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Dairy Crest Is The Latest Firm to Announce a Cut to Its Farmgate Milk Price
Jul 3, 2012UK dairy processor Dairy Crest is the latest firm to announce a cut to its farmgate milk price. The company announced a 1.65ppl cut this morning(3 July)for those on a standard liquid agreement.The cut will take effect from 1 August. ...