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Fonterra lifts milk price forecast, citing 'strengthening demand'

The dairy giant raises its outlook for prices paid to New Zealand farmers, as whole milk powder futures gain, lifted by the butter rally

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Carr's notes recovery in both its US and UK farm markets
Carr's Group, the animal feed producer with operations in the US and UK, says both farm markets are recovering, with rising milk prices helping
Butter and cheese help dairy commodity prices stabilise
The latest GDT dairy commodities auction in New Zealand has seen the world price index stabilise. But SMP stocks still overhang the market
'Positive' outlook to spur investment in New Zealand ag
Dairy farm prices in the top milk exporting country extend their revival against an upwards, if slowing, trend in milk prices
Grain prices rise at quickest in 3 years - despite 'abundant' supplies
The UN, while cuttings hopes for the world wheat harvest, says supplies are "ample" nonetheless. Still, grain prices rise, as do dairy values
New Zealand milk output to pull out of decline, as prices recover
... to judge by a forecast from sector giant Fonterra. Still, milk output will remain below record levels, amid some farmer debt struggles
JBS plans sale of Moy Park, amid $2bn asset sell-off
JBS, seeking to bolster its balance sheet after scandals at its holding company, unveils plans to sell the poultry producer, and a dairy asset
Commodities a top contrarian bet, says BofA Merrill Lynch
... after fund managers turn "underweight" on the sector at the fastest pace in seven years, amid waning hopes for economic growth
Butter extends rally, as GDT prices defy whole milk weakness
The GlobalDairyTrade index hits its highest in nearly three years, despite a dip in whole milk powder values. Butter is now up 31% this year
Dairy values lead rise in Australian farmgate prices - NAB
Firmer wheat and dairy values have more than offset a poor period for prices in the meat sector, and in particular pork. What of the future?
Synlait Milk shares set record close, amid dairy market 'confidence'
The milk processor follows rival Fonterra in outlining a 2017-18 milk price rise, and unveils a deal to lift canning capacity "substantially"
Grain markets, ag shares 'close to bottom of cycle' - BlackRock
BlackRock's Skye Macpherson sees better times ahead for crop prices and farm sector shares, prices of which are "very, very attractive"
Changing global dynamics to have 'big impact' on farming
... Agrimoney LIVE hears. The likes of the election of Donald Trump as US president, and vote by the UK to quit the EU, are only the start...
Feature
As sugar goes out of fashion, fat comes back in

... in dairy at least, where Dairy Australia flags "strong and growing demand for butter", which may force "structural" industry change

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