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Dairy farmers in Canada rapidly ramped up milk production in response to a more than 20 per cent increase in quota over the past few years.

The new world of Canadian dairy pricing

Nearly 30 per cent of the price farmers receive for milk is now tied to global prices

Dairy farmer Paul Vickers knew change was coming, but he was still a bit shocked when his June milk payments brought in less revenue than usual. Like many dairy farmers across Canada, Vickers is adjusting to swings in revenue unlike anything seen since the advent of supply management almost 50 years ago. A greater percentage […] Read more

Straw prices soar, piling pressure on N.Europe livestock farmers

In some areas straw now more expensive than grains

Hamburg | London | Reuters – Livestock and dairy farmers across northern Europe are paying soaring prices for straw used in food and bedding for cattle, as hot, dry weather across the region reduces crops. The higher bills put further pressure on farmers already facing one of their toughest summers ever; many have had to […] Read more

Brazil meat company Minerva plans IPO by Chilean unit

Sao Paulo | Reuters – Brazilian meat company Minerva SA plans an initial public offering in Santiago of its units outside Brazil as a way to reduce its debt, according to a securities filing on Tuesday. After a capital increase at its Chilean subsidiary Athena Food, Minerva said it will gather its operations in Paraguay, Uruguay […] Read more