Skip to content
800-884-8290

|

Login
  • About Us
  • Services
    • Strategic Advisory
    • Margin Management
    • Proprietary Research
    • Brokerage & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

New Zealand Farmgate Milk Price Revision – Dec ’14

  • December 11, 2014
  • by wbabler
Fonterra Co-operative Group Limited recently reduced its forecast Farmgate Milk Price for the ’14-’15 production season from $5.30/kgMS to $4.70/kgMS. Chairman John Wilson noted that falling oil prices, geopolitical uncertainty in Russia and Ukraine, and subdued demand from China has contributed to ongoing volatility and weak demand in global dairy markets, leading to the downward price revision. The 11.3% downward revision from the previous September forecast ’14-’15 Farmgate Milk Price of $5.30/kgMS was fairly consistent with the 10.1% decline in the GlobalDairyTrade Price Index over the same period. The forecast ’14-’15 Farmgate Milk Price is significantly below historical figures, down 44.0% YOY and 30.9% below the five year average Farmgate Milk Price. Fonterra is required to consider its forecast Farmgate Milk Price every quarter as a condition of the Dairy Industry Restructuring Act. New Zealand Farmgate Milk Price - Dec
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
  • USDA Semi-Annual EU Dairy Production Report
  • U.S. Dairy Cold Storage Update – May ’22
Atten Babler Risk Management LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Atten Babler Risk Management LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to enter into any transaction.
© Copyright 2023 Atten Babler Risk Management LLC