Global dairy prices dropped for a fourth consecutive time at a fortnightly auction on Wednesday as production in New Zealand showed signs of a potential turnaround after weak levels earlier in the season.
The world’s top dairy exporter, New Zealand’s Fonterra Co-operative Group Ltd, said on Tuesday that milk production in its home market fell 1 percent in March, pointing to support for global dairy prices.
Fonterra said on Friday its domestic milk production in January had fallen 5 percent year-on-year, which could be seen as a boon for global dairy prices as New Zealand is the world’s largest dairy exporter.
New Zealand, the world’s biggest dairy exporter, will spend more than NZ$880 million ($610 million) in a bid to eradicate the mycoplasma bovis cattle disease, Prime Minister Jacinda Ardern said on Monday.
Genomic editing technology such as CRISPR/Cas9 offers tremendous potential for accelerating genetic progress, but a new ruling from the European Court of Justice (ECJ) appears likely to stifle research and development.
A sample of Duroc boar semen was the one millionth sample of animal germplasm to arrive at USDA-Agricultural Research Service's National Animal Germplasm Collection—a milestone in preserving genetic animal information.