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Dairy weakness, hrynia slump dent Astarta profits

The Ukrainian sugar-to-beef group unveils a 93% slump in earnings, but terms its performance "encouraging" nonetheless

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Dairy profitability protects Midwest land market
The Federal Reserve reports a mixed land market in main Corn Belt states. But price growth accelerates in Wisconsin, a major dairy state
US milk prices to fall, Dean CEO predicts. Again
Dean Foods chief executive Gregg Tanner says signs point to US milk prices losing their resilience. But he admits he has been wrong before...
Dean Foods axes profit guidance, rejigs debt terms
Shares in the dairy group tumble after it withdraws full-year earnings guidance, flagging a "rocky" outlook thanks to "volatile" dairy prices
Russian food import bans to lift local prices - UN
The UN food agency says Russia's imports curbs could affect local food prices, and exporter stocks - as it reports a four-year low in cereals values
'Crunch time' for dairy as prices hit two-year low
A dip in dairy prices at GlobalDairyTrade to the lowest since 2012 has put key technical market levels in focus. Will values stabilise, or revive?
ANZ downbeat on cotton, sugar - but not on beef
The bank foresees "no reprieve" for cotton prices, and is cautious over dairy and sugar values too. But the outlook for beef prices is "very strong"
Fonterra warns farmers as it cuts milk price hopes
The group cautions over farm budgets as it lowers its milk price forecast, acknowledging rising Chinese stockpiles. Will the forecast be cut further?
Danone upbeat, despite milk price hit to profits
The dairy-to-water giant, flagging the milk price reversal, sticks by full-year growth targets despite a drop in profits in the first half
'Caution' in NZ land market, despite price revival
New Zealand land prices rise, led by a bounce in dairy farm values. But is it sustainable, when interest rates are rising, and milk prices falling?
USDA questions gloom on China dairy imports
US officials blame higher world milk output, not soft China demand, for the dairy price slump. In fact, Chinese imports are "breath-taking"
Dairy prices hit 21-month low as China buying ebbs
Prices at GlobalDairyTrade fall at their fastest in four years, led by a tumble in whole milk powder values, as Chinese buying dries up
Hershey lifts prices, blaming cocoa, dairy costs
The chocolate giant raises its wholesale prices for the first time in three years, citing elevated commodity costs - even as dairy values tumble
Feature
Dairy price rally 'threatens long-term damage' to demand

High dairy prices are boosting farmers' prosperity for now. But will they pay a long-term price? And what happens if China's economy falters?

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