
Tag Archives milk prices

Restaurants call foul as dairy farmers get a second pay hike this year
World dairy prices are crashing but Alberta Milk chair says the latest increase is modest and won’t hurt restaurant chains
Reading Time: 3 minutes Even though world dairy prices are at historic lows, Canadian dairy farmers will be getting a boost of 2.76 per cent for industrial milk — used to make butter, ice cream, yogurt, and cheese — starting Sept. 1. It comes on the heels of a 2.2 per cent price hike in February. “The industrial price […] Read more

Dairy support price gets second bump of year
Facing depressed world prices for milk, Canada’s dairy farmers can expect a boost of about 2.76 per cent in their overall revenue from industrial milk sales starting Sept. 1. The Canadian Dairy Commission on Friday announced an unusual second increase this year in the support prices it sets for butter ($8.0062 per kilogram, up from […] Read more

Arla CEO says world dairy market in crisis
Copenhagen | Reuters –– Arla Foods, one of Europe’s biggest dairy companies, said on Wednesday the global milk market was in crisis due to oversupply, but it expected demand, particularly from China, to pick up at the end of the year. Headquartered in Denmark, Arla is Britain’s largest and the world’s seventh-largest dairy company. It […] Read more

EU dairy farmers get rude awakening in post-quota market
Paris | Reuters — European dairy farmers caught out by a global market decline as they emerge from a 30-year-old quota system may have little choice but to produce at full pelt, hoping for a recovery in international prices next year. Milk prices paid to EU farmers are down 20 per cent from last year […] Read more

U.K. grocers Morrisons, Aldi give ground in milk dispute
London | Reuters — British supermarkets Morrisons and Aldi responded on Friday to pressure from financially strapped dairy farmers by raising the price they pay milk suppliers. U.K. farmers have warned they face financial ruin, with falls in the price of milk forcing many out of work and spurring others to blockade distribution centres and […] Read more

U.K. farmers fear financial ruin from low milk prices
London | Reuters — British farmers warned Monday they were facing financial ruin, with falls in the price of milk forcing many out of work and spurring others to blockade distribution centres and walk cows through supermarkets. Farming unions from across the country were meeting in London to urge the government to provide more help […] Read more
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