Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

New Zealand Milk Production Update – Jun ’15

  • June 4, 2015
  • by wbabler
According to Dairy Companies Association of New Zealand (DCANZ), Apr ’15 New Zealand milk production increased YOY for the first time in three months, finishing 8.5% higher than a year ago. Monthly production continued to decline seasonally, falling 17.5% MOM on a daily average basis, however the MOM decline in production was less than the five year average 23.6% decline over the same period. Monthly New Zealand Milk Production - June New Zealand milk production was tempered throughout the first quarter of 2015 due to low Farmgate Milk Prices and dry conditions. More recently, soil moisture levels have been restored to near normal levels, particularly on New Zealand’s North Island, although Farmgate Milk Prices continue to remain weak. In late May ’15, Fonterra revised its forecasted Farmgate Milk Price for the ’14-’15 season from $4.50/kgMS to $4.40/kgMS, noting the over-supplied world markets and continued good growing conditions in most dairy producing regions. The reduction in the forecasted Farmgate Milk Price was the fifth experienced in the past 12 months. Fonterra’s opening forecast Farmgate Milk Price for the ’15-’16 season of $5.25/kgMS was $0.85/kgMS, or 19.3%, above the current ’14-’15 forecasted price. ’14-’15 YTD New Zealand milk production is up 2.5% YOY heading into the final month of the production season. Monthly New Zealand Milk Production2 - June
Global Dairy Trade Results Update – GDT Price Index Down 4.3% – 6/2/15
U.S. Dry Product Stocks Update – Jun ’15
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
  • USDA Semi-Annual EU Dairy Production Report
  • U.S. Dairy Cold Storage Update – May ’22
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Futures, options and swaps brokerage is provided through Atten Babler Commodities LLC. The risk of loss in trading commodity futures and options and swaps is substantial. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Before trading, you should carefully consider your financial position to determine if futures, options or swaps trading is appropriate. When trading futures, options or swaps, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. Atten Babler Commodities LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to buy futures or options or swaps.
© Copyright 2023 Atten Babler Commodities LLC