Episode 36 – World woes could mean more lift in your milk price
With the latest Global Dairy Trade report out this week, the impacts of what’s happening overseas will be on farmers’ minds. We chat to those with an eye on the global pulse about what New Zealand dairy farmers can expect for the rest of the year, and into 2025.
Guests include:
- Stu Davison, Senior Manager, Global Market Insights, HighGround Dairy
- Chris McCullough, Irish Journalist
- Cristina Alvarado, Commercial Manager – Data & Insights, NZX
Hosts:
- Sheryl Haitana, Editor, Dairy Exporter
- Anne Lee, Deputy Editor, Dairy Exporter
Senior Manager of Global Market Insights Stu Davison discusses the trade climate in the United States at the moment, and the impact the current election will have on worldwide dairy trade; the USA is currently the fourth largest trade destination for New Zealand dairy. He also discusses the US consumer demand for high protein foods which is great news for dairy, and how challenges like bird-flu and blue-tongue will impact global trade.
Irish Journalist Chris McCullough gives an update from Ireland, about what’s happening over there as the summer season wraps up, including milk prices and the impact of new regulations around the environment and live exports.
Cristina Alvarado of the NZX discusses the GDT report out this week. She says the results show that the results are higher than a year ago, and the demand for dairy products is still there. She also discusses how global trade routes have been disrupted, and what this means for New Zealand.
