EU-28: considerable increase in butter and cheese exports (Jan-Feb 2016)
16/04/2016
Recovery in Chinese dairy import (Jan-Mar +37%)
22/04/2016Australia: dairy commodities production decreased [News Oceania n°8/2016]
Period: April 4 – 15, 2016 MILK PRODUCTION Australia *: -0.74% (Jul 15 – Feb 16 vs. Jul 14 – Feb 15) New Zealand *: -1.81% (Jun 15 – Feb 16 vs. […]
Period: April 4 – 15, 2016
MILK PRODUCTION
- Australia *: -0.74% (Jul 15 – Feb 16 vs. Jul 14 – Feb 15)
- New Zealand *: -1.81% (Jun 15 – Feb 16 vs. Jun 14 – Feb 15)
BUTTER (82%): prices weakened following GlobalDairyTrade auction on April 5. Dairy Australia reports Australia butter production during January (6,427 Tons) was down -21.2% from January 2015. For the season through January, production was -4.5% below the same period in the prior production season. During Jan-Feb 2016 period, New Zealand export increased (compared to Jan-Feb 2015), while Australian export decreased.
CHEDDAR CHEESE: prices increased, Australian production is stable (Dairy Australia reports 28,993 Tons during January). Export increased during Jan-Feb 2016 period (compared to Jan-Feb 2015).
SMP: prices steady at the bottom of the range, while they decreased at the top. Dairy Australia reports Australia SMP production during January (20,535 Tons) was down -13.1% from January 2015. For the season through January, production was +11.9% above the same period in the prior production season. New Zealand export increased during Jan-Feb 2016 period (compared to Jan-Feb 2015), while Australian export decreased.
WMP: prices slightly increased at the bottom of the price range, while weakened at the top. Australia WMP production during January was up +30.2% from January 2015, reaching 5,573 Tons level. For the season through January production was -16.2% below the same period in the prior production season. Export decreased during Jan-Feb 2016 period (compared to Jan-Feb 2015).
In Oceania the average prices of the main dairy commodities decreased, as well as Australian production declined in January, following a decrease in milk supply. Exceptions are cheese, with increasing prices and stable production, and WMP, whose production increased.
CLAL.it – Australia: export of the main dairy commodities (monthly average)
CLAL.it – New Zealand: export of the main dairy commodities (monthly average)
Note: · Assessments about market trend are expressed in US$; · * Dairy season: July, 1st – June, 30th (Australia), June, 1st – May, 31st (New Zealand).
Source: USDA summarized by the CLAL Team
More informations about milk production in New Zealand and Australia are available on CLAL.it
