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Dairy Prices Rise, Volumes Fall at Fonterra Auction
Thursday, June 20, 2013 (927 reads)

International milk prices rose for the first time in two months snapping a three-auction run of falls, while volumes fell in the latest auction held by New Zealand's Fonterra Co-operative Group. Fonterra's Global Dairy Trade-Trade Weighted Index, which covers a range of 30 products and contract periods, rose 1.1 percent, with an average selling price of $4,598 per ton, in the auction held on June 18, 2013.

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House Rejects Half-Trillion-Dollar Farm Bill
Thursday, June 20, 2013 (894 reads)

The House rejected a five-year, half-trillion-dollar farm bill Thursday that would have cut $2 billion annually from food stamps and let states impose broad new work requirements on those who receive them.

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Positive Outlook for NZ Dairy Industry
Thursday, June 20, 2013 (916 reads)

The long term outlook for New Zealand's dairy industry is positive, with steady growth in production and firm demand from emerging markets. Milk production in the year to May 31, 2014 is forecast to increase to 1740 million kgs milksolids (kgMS). This is a 4.5% increase on the production estimated by MPI for the 2012/13 season, and a 3.3% increase on the stella 2011/12 production season.

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India Enters Global Dairy Markets
Thursday, June 20, 2013 (895 reads)

Milk powder sourced from India has had an explosive entry into the global markets. During the first quarter of this year India supplied nearly 35,000 tons of skim milk powder (SMP) into nearby markets. This compares to just 105 tons during the first quarter of 2012.

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Dairy Prices Recover, Amid Fears of Shortfalls
Thursday, June 20, 2013 (798 reads)

Dairy prices rose for the first time in two months at GlobalDairyTrade auction as the signs of firmness evident in late-dated contracts last time spread to near-term lots, amid ideas of a lingering shortfall in supplies.

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Milk and Dairy Product Prices Remain Stable
Thursday, June 20, 2013 (843 reads)

The May Milk Production report placed production for the first 4 months of 2013 slightly ahead of the same period last year after adjusting for the extra milking day in 2012.


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Record Setting Opening Farmgate Price for Murray Goulburn
Thursday, June 20, 2013 (778 reads)

Competition for milk is heating up, with the nation's largest dairy processor Murray Goulburn last week announcing an opening farmgate price of $5.60 a kilogram milk solids - a 24 percent increase on last year and a record for the cooperative.

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Fonterra Invests NZ$30 Million Into Whareroa Dry Distribution Center Expansion
Thursday, June 20, 2013 (756 reads)

Fonterra has announced plans for a NZ$30m ($24m) expansion of the dry distribution center at its Whareroa processing site in Taranaki, New Zealand – an investment it hopes will improve the deliverability of its products to ports for export.


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Federal Milk Marketing Order Could Benefit California Dairy Producers
Thursday, June 20, 2013 (825 reads)

A properly written federal milk marketing order for California would provide a regulatory structure that would potentially result in higher farm gate prices, benefiting California dairy farm families, according to a study conducted by Dr. Mark Stephenson, University of Wisconsin-Madison and Dr. Chuck Nicholson of Penn State University. The five-month long study was commissioned by California Dairies, Dairy Farmers of America, and Land O'Lakes, three cooperatives representing approximately 80% of the milk produced in California.

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Whey From Greek Yogurt Used To Produce Power
Thursday, June 20, 2013 (1064 reads)

As much as 80% of leftover whey from Greek yogurt processing at Fage's upstate-New York plant is piped to a wastewater plant, where it's combined with anaerobic bacteria and turned into a combustible fuel that generates almost enough electricity to power the wastewater facility. Other companies, such as Chobani, ship the whey to nearby farms, where it's used as cow feed or as fertilizer. 


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