Nestlé has announced the sale of its Cremora creamer business in South Africa to dairy giant Lactalis, though the company remains committed to the region's economic growth. The deal includes two manufacturing plants in Babelegi and Potchefstroom, which currently produce the well-known Cremora brand, with no job losses expected as part of the transaction.

The global dairy ingredients market is projected to expand from USD 48.56 billion in 2024 to USD 63.24 billion by 2030, at a compound annual growth rate (CAGR) of 4.5%, according to recent industry forecasts. 

Freshways, continuing its recent acquisition spree, has acquired Haverfordwest-based milk supplier Totally Welsh Dairy. This strategic purchase, following its acquisition of Müller’s Milk & More last December and bread wholesaler Coultons in March, significantly expands Freshways’ presence in Wales.

Tatua, the Waikato-based farmer-owned dairy co-operative, is set to significantly boost its production capacity with an $85 million investment in a new factory expansion. The expansion, which aims to double the production of Tatua’s cream-based products, reflects the company’s commitment to meeting increasing demand both domestically and in key export markets like China and Japan.

Indonesia has entered a strategic investment collaboration with a Brazil-based company valued at Rp4.5 trillion (approximately US$291.9 million) to develop 100 thousand tropical dairy cattle, according to Agriculture Minister Amran Sulaiman.

Hurricane Francine has caused significant disruption to energy production and agricultural exports in the US Gulf of Mexico, particularly affecting Louisiana's oil refineries and crop shipments. As the storm approached landfall on Wednesday, oil refineries in the region slowed operations, and key ports were closed to vessel traffic, Reuters reported.

Japan has finalized the import of 8,370 tons of feed-quality wheat through a simultaneous buy and sell (SBS) auction, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF).

Starting next month, the TB differential slaughter levy rates will see changes, with dairy cattle facing an increase of 75 cents to $12.25 per head, while beef cattle will experience a reduction of 25 cents to $4.50 per head, according to Ospri.