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FirstFarms sees milk price staying low for 2015

Farm operator FirstFarms forecasts a sharp retreat in profits this year, in part down to an expectation of lower milk prices

Fonterra trims dividend hopes, as low milk price bites
The group's farmer members face a lower dividend than expected, besides a slump in milk prices. Shares in the Fonterra fund close at an all-time low
Chinese milk market to fall back into deficit
China Modern Dairy, the country's largest milk producer, sees milk demand outstripping supply - in the "long run"
NZ dairy farm values revive, as milk prices recover
Dairy farm prices in New Zealand, the top milk exporting country, recover after a 12% slide, data from real estate agents shows
Dairy prices drop at GDT for first time in 2015
Dairy prices retreat at GlobalDairyTrade auction, reducing 2015 gains to 16%, amid concerns over Chinese imports
Dairy price rally 'hard to justify, says Rabobank
The dairy rally may founder, dented by weak Chinese and Russian imports, the bank says. Indeed, price falls may be needed to avoid fresh oversupply
Fonterra flags impact of NZ drought - as cyclone arrives
Fonterra blames drought for a drop in New Zealand milk collections last month, even as Cyclone Pam brings up to 6 inches of rain
Co-op flags 'uncertainties' in 'precarious' dairy market
Dutch co-operative FrieslandCampina shies away from forecasting its performance this year, citing market uncertainties
EU milk output growth to slow, despite end to quotas
Milk deliveries in the world's top producer will rise this year, but at a far slower rate than last year, despite an end to output restrictions
Grains, sugar lead drop in food prices to lowest since 2010
Improved Brazilian cane crop prospects and "very strong" cereals stocks weigh on food prices, more than offsetting a boost from reviving dairy values
Dairy rally slows as whole milk powder prices retreat
Dairy prices rise at GlobalDairyTrade, but at a far slower rate, as whole milk powder proves reluctant to rise further above \$3,000 a tonne
Fonterra holds milk payout, amid doubts over market rebound
The co-operative holds at an eight-year low its forecast milk price paid to farmers, amid doubts over the sustainability of a recovery in world values
Arla ditches profits forecasting, citing dairy volatility
The Danish-based giant ditches profits forecasts thank to the "unpredictable" dairy markets. Still, Australia's Bega Cheese sees a stable outlook
Dairy prices - will 2015 prove as downbeat as 2014?

Dairy prices near-halved last year as Chinese and Russian buyers stepped back, while producers kept output high. Will those dynamics reverse in 2015?

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