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TheDairySite Newsletter - 17 October 2014

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Friday 17th October 2014.
Michael Priestley - Editor

Michael Priestley

New Zealanders to See 3 Months into Future

A three month milk production and price forecaster, designed by the New Zealand stock exchange, is one of the latest tools dairy farmers have in coping with market volatility.

The new ‘ground breaking’ online facilities, created in partnership with Massey University, aim to translate world dairy prices instantly and predict New Zealand’s milk output for the upcoming three months.

Launched this October, the Milk Production Predictor and Farmgate Milk Price Calculator will create more marketplace transparency, according to NZX chief executive Tim Bennett.

He added that good information is valuable for the dairy sector and the tool amasses vast quantities of science and finance data.

The announcement follows a peak and trough cycle in dairy prices that has sparked debate into how farmers can cope with an increasingly globalised market and rapid changes in dairy values.

Talk of more forward selling contracts, farm savings accounts and vamping up competitiveness have been guiding farmers into ways of providing a buffer to withstand tough times.

Futures contracts, utilised by around 20 per cent of US farmers, offer a flexible way to work at a stable price.

In the case of forward selling, Irish adviser Tadhge Buckley has told Irish farmers that: “You cannot beat the market, but you can make the ride less bumpy.”

A similar market intelligence facility to the NZX tool, started on 16 April this year, is the European Milk Market Observatory.

Its timing coincides with next year’s quota abolition and much speculation of how farm output will increase going forward and has been welcomed by producers.

Free of charge, the observatory offers data analysis and regular markets updates.

Short and medium term outlooks; prices and margins updates and trade summaries form the basis of an information centre seeking to closely track dairy production and demand.

Being informed in this way ensures an ‘efficient market’, said Massey University Professor Nicola Shadbolt at the unveiling of the new NZX forecasters.

“The global dairy market will always be volatile,” she added. “These tools will help the dairy sector operate with greater immediacy and accuracy than ever before.”

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This Week's Articles and Analysis

EBBE - Managing Cows and Heat Detection
As well as an appropriate heat detection system, housing, feed intake and stress all play a part in cow fertility, according to the European Board of Bovine Experts.

Why is Everyone Talking About Mycotoxins?
While mycotoxins are nothing new, the damage posed by them to cattle is recently becoming apparent, warns a Scottish nutritionist.

Making Dry Off Count: Combating Mastitis
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Colostrum as a Communication Vehicle Between Dam and Calf
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Market Reports

USDA GAIN: Russia Livestock and Products Annual 2014
USDA WASDE - 10 October 2014
GB Animal Feed Statistical Notice - August 2014

Global Dairy Industry News

   United Kingdom

Recognition for Professionalism in Agriculture
NFU Releases New Video on Protecting UK Wildlife and Environment
Dairy Foods Opposers Not Basing Argument on Fact
Talks Scheduled to Solve Milk Price Crisis
New Test to Prevent Long Bone Deformity
Semen Sorting to Improve Dairy, Beef Farmer Profit
New Members Appointed to UK Agriculture Board

   European Union

Russian Trade Ban, Other Trade Issues Discussed at EU Agriculture Council
EU Research Turning Food Waste into Feed
Don't Cut EU 2015 Agriculture Budget, Farmers Urge
Bluetongue Persisting in Balkans, Greece
Europe's Farming Looks Mixed Going Forward

   Russian Federation

Russia to Increase Output of Agricultural Products by 2020


BRF at Top of Sustainability Rankings


Mycotoxins: Farmers Must Be Vigilant
Call For Innovation on Family Farms
Small Gains on World Dairy Trade
CME Group Cuts Workforce by 5 Per Cent
Ebola Threatens Global Food Security

   United States

World's Tallest Cow Like 'Overgrown Dog'
Novus International Releases Sixth Annual Sustainability Report
Novus CEO Sums up Sustainability
Conference to Take Next Steps With Johne's Disease


Australians Train in Nepal For Foot and Mouth Preparation


Money Available For Farmers in Safety Drive
Challenges and Opportunities for Irish Agriculture


Ukraine Gives Crimea Temporary Ban on Animal Produce


Government Places Andalusia in Bluetongue Lock Down


Baboons Provide Disease Solution For African Farmers


$7.5 million Investment into Canadian Agri Traceability Services


Denmark Antimicrobial Use in Animals Continues to Increase

   Bouvet Island

Brazil Beef to Go Higher, Milk Price Heads South


Chinese Farm Produce Prices Rise


Zagreb to Host Symposium to Address Food Animal Welfare around Slaughter

   Viet Nam

VietStock Expo Just One Week Away


The Drost Project - A Visual Guide to Porcine, Pig Reproduction.
VIV Europe Digital 2014
EuroTier 2014
VIV Asia 2015



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