Morning Dairy News, 12/04/2015

Friday, December 4, 2015

Excess of dairy may be at 400,000 tons across the world: USDEC

The US Dairy Export Council says it could be another 12 months before supply and demand meet

High global milk supply, bearish commodity sentiment & lackluster import demand from China continue to weigh heavily

Yashili profits in the first six months shrank by more than 63 percent year-on-year, to 75.57 million yuan

U.S. Dairy producers and exporters urged Congress to eliminate the threat of damaging new Canadian and Mexican tariffs

The sector is also using forward contracts, and to an extent futures and options, to manage volatile prices

Global UHT Milk Market to Cross US$ 133 Billion by 2020

Fonterra Officially Opens New Milk Powder Plant at Pahiatua

New facility will have the capacity to produce 45,000MT of cheeses each year, including parmesan, gouda & mozzarella

European Commission & Vietnam announced on Dec. 3 that they had officially concluded negotiations on a FTA between the E.U. & Vietnam

Corn futures began the day weak with traders anticipating Argentina plans to remove their 20% corn export tax

Do trends in the cattle crush foretell the future for feeder cattle prices?

Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

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