meta Dairy markets: WMP prices remain flat as Chinese import demand tails off | The Bullvine
Image
FacebookEmailTwitterRSS

Slide 8
Slide 8
Slide 8
Slide 7
Slide 7
Slide 7
Slide 5
Slide 5
Slide 5
Slide 8
Slide 8
Slide 8
Slide 7
Slide 7
Slide 7
Slide 5
Slide 5
Slide 5
Style_Bullvine
Style_Bullvine
Style_Bullvine
Overlays

Dairy markets: WMP prices remain flat as Chinese import demand tails off

Wednesday, November 30th, 2016
Futures prices for whole milk powder (WMP) have hit a ceiling in the last week despite continuing evidence that New Zealand milk production is declining.

Futures prices for whole milk powder (WMP) have hit a ceiling in the last week despite continuing evidence that New Zealand milk production is declining.

Futures prices for whole milk powder (WMP) have hit a ceiling in the last week despite continuing evidence that New Zealand milk production is declining.

The latest import figures from China show the country’s appetite for whole milk powder (WMP) has continued to tail off in the last couple of months. For October, Chinese imports of WMP declined 11% compared with last year to below 10,500t. This is the second consecutive month of declining Chinese WMP imports following the sharp decline (-47%) in imports seen in September.

Despite these two months of declines, Chinese WMP imports for the year to date are still running 18% ahead of this time last year at more than 355,000t.

The one dairy product that continues to generate strong import …

Source: FarmersJournal

(T1, D1)

Tags

A.I. Industry animal welfare butter prices challenges China Cow Comfort cow health Dairy Cattle Dairy Cattle Marketing dairy cows dairy farmers Dairy Farming dairy farms Dairy Industry dairy producers dairy production efficiency farmers Feed Costs Feed Efficiency Genetic Evaluation System Genomics greenhouse gas emissions growth Health Herd Health innovation Management milk output milk prices Milk Production milk quality milk yield monitoring New Zealand nutrition production productivity Profitability resilience sustainability Technology United States USDA World Dairy Expo

Slide 7
Slide 7
Slide 7
Slide 5
Slide 5
Slide 5
Slide 8
Slide 8
Slide 8
Slide 8
Slide 8
Slide 8
Slide 7
Slide 7
Slide 7
Style_Bullvine
Style_Bullvine
Style_Bullvine
Slide 5
Slide 5
Slide 5
Overlays

Send this to a friend