What's Coming Next?

The downward trend in milk prices continues as this season nears its end. In Australia and New Zealand we're resigned to a lower price for this season but the question everyone's asking is: 'how low will it go next season?' 

In this week's Dairy News...

Coles has signed a deal to buy four million litres of Tasmanian milk a year.

150 million litres of milk is up for grabs in South Australia.

Murray Goulburn faces a legal battle with the NUW over job cuts.

Australian dairy commodity production has slowed down throughout March.

Dairy Australia has forecasts lower milk prices for next season. 

Prices have fallen to a four year low at the Fonterra Auction and analysts are predicting lower opening prices in New Zealand next season. 

Kiwi cow numbers have been growing throughout the last year and there are now 2 million more cows than people. 

US dairy exports are booming while the USDA is predicting a slow down in milk production for 2013.

In more US news Dean Foods have posted strong 1st quarter results for their dairy division but on the other side of the Atlantic Parmalat have had a drop in net profit. 

Last week's promise of a blog couldn't come through but we've been hard at work in the Xcheque development lab. Exciting changes coming soon!