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Milk Price Tracker
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<blockquote data-quote="Diarmaid Mac Colgáin" data-source="post: 8001350" data-attributes="member: 167187"><p>In 2014 the EU milk prices did collapse, some was due to Russia but some of it was in anticipation of the quotas being lifted the following year, 2015. EU milk did find other homes, hence the expansion of a lot of dairy companies into Africa and the Middle East and also the development of Fat-Filled milk powder. Fat filled milk powder was developed to compete angainst whole milk powder being exported from NZ (Fat filled milk powder = Skim milk powder + palm oil). </p><p></p><p>Milk from Eastern EU did come into Western EU but it was mainly for the ingredient market to supplement exports.</p><p></p><p>EU products are still officially banned from sales into Russia, so it's difficult to asses the potential impact from an import export perspective apart from the obvious ones on the 3F's (Feed, Fuel & Fertiliser). We are seeing the increases already being priced in the international contracts, hopefully it's only a matter of time before there is an impact at the farmgate.</p></blockquote><p></p>
[QUOTE="Diarmaid Mac Colgáin, post: 8001350, member: 167187"] In 2014 the EU milk prices did collapse, some was due to Russia but some of it was in anticipation of the quotas being lifted the following year, 2015. EU milk did find other homes, hence the expansion of a lot of dairy companies into Africa and the Middle East and also the development of Fat-Filled milk powder. Fat filled milk powder was developed to compete angainst whole milk powder being exported from NZ (Fat filled milk powder = Skim milk powder + palm oil). Milk from Eastern EU did come into Western EU but it was mainly for the ingredient market to supplement exports. EU products are still officially banned from sales into Russia, so it's difficult to asses the potential impact from an import export perspective apart from the obvious ones on the 3F's (Feed, Fuel & Fertiliser). We are seeing the increases already being priced in the international contracts, hopefully it's only a matter of time before there is an impact at the farmgate. [/QUOTE]
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