Morning Dairy News, 10/19/2015

Monday, October 19, 2015

Spot cheese market that has shown no inclination to stray from its $1.60 to $1.80 range

2-3% too much milk in the market at any one time can create up to a 40% reduction in price paid to producers

Danone said sales in its baby food unit grew 12%, boosted by exports to China

China has 20% of the worlds population and only 9% of the worlds arable land

Why Does Japan Have Butter Shortages?

New Zealand abolished all agricultural subsidies in the 1980s when it fell into a financial crisis

(GDT) Dairy prices have climbed about 63% from their low of early August

We're expecting a drop in (NZ) milk production around about seven to 10 percent this season

Soaring irrigation water prices & water shortage in northern Victoria forcing hundreds of dairy farmers to sell cows

The choice retail beef price declined for the fourth consecutive month to $6.23 per pound in September

Few in Venezuela Want Bolívars, but No One Can Spare a Dime

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