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EU Dairy Industry Braces for Chinese Anti-Subsidy Probe Amid Escalating Trade Tensions
... these subsidies artificially reduce the production costs of EU dairy products, putting local competitors at a disadvantage. Chinese authorities have stated that the decision to proceed with the investigation followed consultations with the EU government on August 14. The probe encompasses a wide range of dairy products, including cheese, curd, milk, and cream, and could lead to significant tariffs or restrictions on EU dairy imports, further straining trade relations. This investigation comes on the heels of China's recent anti-dumping inquiry into EU pork imports, which was announced ...
Modified: 29.08.2024Path: Dairy News: dairy market news every day
Spot Butter and NDM Prices Surge Amid Strong Market Activity
....30-per-pound threshold for the first time since January 2023. The spot price for NDM settled at $1.3150 per pound, an increase of $0.0175, with 13 lots traded. Meanwhile, after yesterday’s surge, the CME cheese markets remained steady. Block and barrel cheese prices held firm at $2.1400 and $2.2500 per pound, respectively. The upward movement in spot butter and NDM prices had a ripple effect on Class IV futures, which saw a significant boost. Fourth quarter contracts closed at $22.78 per hundredweight, up 48 cents. Additionally, the March 2025 NDM contract reached $1.3640 per pound, hitting the limit with a 4-cent increase. On the supply ...
Modified: 29.08.2024Path: Dairy News: dairy market news every day
Arla Foods to Introduce Mozzarella Blocks at Global Dairy Trade Auctions
... its Taw Valley site. Arla Foods currently operates nine production sites across the UK, producing a variety of milk, butter, cheese, and other dairy products. Global Dairy Trade (GDT) runs bi-monthly trading events, facilitating transactions for core ... ... sellers from 70 countries. These events generate between $2 billion and $3 billion in trade annually. The most recent GDT auction on August 20 saw the price index increase by 5.5%, marking the third consecutive rise after a sharp 7% drop following the July ...
Modified: 28.08.2024Path: Dairy News: dairy market news every day
New Zealand's Dairy Manufacturing Industry Sees Steady Growth Amid Export Demand
... another challenge for the industry. Despite these headwinds, the industry is projected to see a revenue increase of 1.8% in 2022-23, driven by rising export demand and favorable pricing conditions. The report emphasizes that the industry primarily focuses on manufacturing a wide range of dairy products, including cheese, yogurt, butter, milk powder, canned cream, and condensed milk, while excluding the production of fresh milk, fresh cream, and ice cream. New Zealand's dairy manufacturing industry remains a vital part of the country's economy, with its strong ...
Modified: 28.08.2024Path: Dairy News: dairy market news every day
Glanbia Exits Rabobank’s Global Dairy Top 20 as Grupo Lala Enters
... world’s largest dairy companies and cooperatives, highlighting the sector’s key players. Glanbia, which only made its debut on the list last year, was replaced by Mexico's Grupo Lala, marking the latter’s first appearance in the Top 20. The Irish dairy ... ... declining dairy-related revenues throughout 2023. Rabobank attributed this downturn to the dissolution of Glanbia’s UK and EU cheese joint venture with Leprino Foods, a move that significantly impacted the company’s financial performance. Meanwhile, ...
Modified: 28.08.2024Path: Dairy News: dairy market news every day
Irish Dairy Products Disrupt West African Markets, Forcing Local Farmers Out of Business
... local farmer, pointed out the stark cost difference, with imported milk costing €0.09 per liter, compared to €0.21 for locally produced milk. Despite efforts by West African countries to protect their local dairy industries through high tariffs on fresh milk and cheese, fat-filled milk powder (FFMP) and other bulk powders, which are considered necessities for low-income populations, are subject to only a 5% customs duty in many Economic Community of West African States (ECOWAS) member countries. This has led ...
Modified: 28.08.2024Path: Dairy News: dairy market news every day
Minsk Oblast to Expand Meat and Dairy Exports to Hong Kong
Minsk Oblast is poised to significantly expand its export portfolio to Hong Kong, focusing on meat and dairy products, following strategic discussions with a delegation from China Merchants International Corporation. ... ... meat and dairy products. The delegation from China Merchants International Corporation visited a meat processing plant and a cheese factory to further explore the logistics and quality of these products. Additionally, the delegation showed interest in ...
Modified: 28.08.2024Path: Dairy News: dairy market news every day
Rabobank’s Global Dairy Top 20 Report Highlights Slower Growth, Shifting Strategies, and Potential M&A Activity
... activity remains subdued, but substantial investments are being made in expanding and constructing new plants, particularly in cheese production. Industry estimates suggest that more than USD 7 billion will be invested in the US dairy sector between 2023 ... ... 2026. This investment is expected to bolster confidence in the security of the US milk supply, with new facilities focusing on innovative products such as ultrafiltered, extended shelf life, and lactose-free milk. As the global dairy industry navigates ...
Modified: 27.08.2024Path: Dairy News: dairy market news every day
Vilvi Group starts construction of €50 million cheese production facility in Latvia
With the laying of a symbolic capsule, Vilvi Group, one of the biggest dairy enterprises in the Baltic States, began building of a new cheese factory in Bauska, Latvia. The facility is the biggest investment project in the Group's history, with a value of over EUR 50 million. Additional production capacity of more than 8,000 square metres will be built on the territory of Baltic Dairy Board SIA , the dairy processing plant owned by Vilvi Group . The project is financed with own funds and Citadele Bank loans. The Latvian Government, through the Latvian State Development Finance Institution ALTUM ...
Modified: 27.08.2024Path: Dairy News: dairy market news every day
«Central Asia Could Become the New Star of the Global Dairy Industry» - Dou Ming, Chief Analyst at Beijing Orient Dairy Consultants, Ltd., IFCN Expert from China
... preparation for the upcoming AqAltyn dairy conference in November, I intend to conduct thor-ough research on the dairy industries in Central Asia to gain a better understanding of their pro-duction capacities, challenges, and market structure. I will focus on identifying the types of dairy products primarily produced in these countries, such as whether they predominantly produce liq-uid milk, cheese, or other dairy items.This analysis will help me draw meaningful conclusions and identify key points to highlight in my presentation. Additionally, I plan to invite our industry representatives to attend the event to foster networking and collaboration....
Modified: 26.08.2024Path: Dairy News: dairy market news every day
Market Reactions to China’s Anti-Subsidy Investigation into European Dairy Imports
... investigation, reported by Reuters, was launched a day after the European Union revised its tariff plan on China-made electric vehicles (EVs), lowering the proposed punitive duties to 36.3% from an initial 37.6%. The timing of this probe, focusing on cheese, milk, and cream intended for human consumption, has raised concerns, especially after Beijing had previously urged Brussels to abandon the tariffs. European Union Chamber of Commerce in China The European Union Chamber of Commerce in China has ...
Modified: 25.08.2024Path: Dairy News: dairy market news every day
Bega Chief Advises Patience for Farm Gate Milk Price Recovery
... Dare, Farmers Union Greek Style Yogurt, Pura, Big M, and Daily Juice, among others. Driving Sustainability Initiatives Bega Cheese is also spearheading sustainability efforts in the Bega Valley with its ambitious Regional Circularity Co-operative (RCC) ... ... program. This initiative aims to transform the Bega Valley into Australia's most circular regional economy by 2030, with a focus on maximizing resource efficiency and reducing environmental impact. “Can we get better outcomes in terms of costs or environmental ...
Modified: 23.08.2024Path: Dairy News: dairy market news every day
Intensifying Competition for Milk Supplies Amid Rising Prices and Expanding Cheese Production
... supplies tighten across the United States, the competition for available milk is set to intensify, driven by rising milk prices and expanding cheese manufacturing capacity. According to Sarina Sharp, an analyst with the Daily Dairy Report, the squeeze on milk supplies could force some milk dryers to operate below capacity as cheese processors outbid others to keep their production lines running. Cheese manufacturers, who typically prioritize maintaining full vats, are more likely to pay a premium for milk, particularly in a market where supply is constrained. In contrast,...
Modified: 23.08.2024Path: Dairy News: dairy market news every day
China Initiates Anti-Subsidy Investigation into EU Dairy Imports
... officially launched an anti-subsidy investigation into certain dairy products imported from the European Union (EU), signaling an escalation in the ongoing trade tensions between the two economic powerhouses. This latest move targets European milk and cheese producers, potentially subjecting them to new tariffs. The probe, announced on Wednesday, focuses on alleged subsidies provided by the EU and individual member states to their dairy sectors. The investigation is expected to cover a wide array of dairy products, including fresh and processed cheese, blue cheese, and milk and cream ...
Modified: 22.08.2024Path: Dairy News: dairy market news every day
The European Union Chamber of Commerce in China Expressed Concern Over Trade Tensions
China has launched an anti-subsidy investigation into dairy imports from the European Union, a move that came just one day after the EU revised its tariff plan on electric vehicles (EVs) manufactured in China. The investigation, announced on Wednesday, targets key dairy products such as cheese, milk, and cream intended for human consumption. This development follows the European Union's decision to adjust its proposed punitive duties on Chinese electric vehicle imports, reducing the tariff rate slightly from 37.6% to 36.3%. Despite ...
Modified: 22.08.2024Path: Dairy News: dairy market news every day
Beecher’s Handmade Cheese Honored as Top U.S. Artisan Cheese at 41st American Cheese Society Awards
... the 3rd Place Best of Show but also won 1st Place in the Cheddar Wrapped in Cloth category. This marks the twelfth time in 18 years that Flagship Reserve has dominated its category, a testament to its consistent quality and craftsmanship. Reflecting on this achievement, Kurt Beecher Dammeier, founder of Beecher’s Handmade Cheese, stated, “Nearly twenty-one years ago, my family started this little cheesemaking operation in Pike Place Market. To be standing here all these years later with Beecher’s cheeses named among the best of the best is an incredible honor. We have ...
Modified: 22.08.2024Path: Dairy News: dairy market news every day
Seasonal Demand Drives Cheese and Butter Prices Higher
... have broken out of a three-month sideways trend, surging to $2.10 per pound—the highest level since March 27, 2023. Barrel cheese has similarly reached new heights, not seen since June 9, 2022. This upward momentum is largely driven by increased buyer ... ... increase was tempered by a surge in seller activity. While strong buyer interest was evident, sellers were eager to capitalize on the higher prices, though they did not completely flood the market, choosing to retain some supply. Currently, the spot butter ...
Modified: 22.08.2024Path: Dairy News: dairy market news every day
Carbery Group Announces Milk Price Increase for July Supplies
... particularly in the dairy sector. A spokesperson for Carbery Group commented on the price adjustment, noting the encouraging performance of butter in global dairy markets. However, the spokesperson also pointed out that Carbery’s portfolio is more focused on cheese, where price improvements tend to occur more gradually compared to butter. "Prices are improving, but more slowly than butter, as is typically the case with cheese," the spokesperson added. With this announcement, all of the major processors ...
Modified: 22.08.2024Path: Dairy News: dairy market news every day
USDA has Revised its Forecasts for the U.S. Dairy Sector for Both 2024 and 2025
... August report, the USDA has revised its forecasts for the U.S. dairy sector for both 2024 and 2025, reflecting adjustments based on recent inventory and production data. 2024 Dairy Production Forecasts: Average Number of Milk Cows: The forecast has been ... ... observed in inventory and production data, indicating a slight tightening in the dairy market. Price Forecast Adjustments: Cheddar Cheese, Nonfat Dry Milk (NDM), and Dry Whey Prices: The wholesale price forecasts for these products have been revised upward,...
Modified: 21.08.2024Path: Dairy News: dairy market news every day
Vilvi Group Breaks Ground on New Cheese Factory in Latvia
... quality products to our customers," said Gintaras Bertašius, CEO of Vilvi Group. The facility is expected to process over 500 tons of milk daily, producing around 50 tons of cheese. Annually, the plant is projected to produce 18,000 tonnes of cheese, primarily for export to over 40 countries. Bauska Mayor Aivars Okmanis, who attended the ground-breaking ceremony, welcomed the investment, highlighting its positive impact on the local economy and job creation. "Vilvi Group's decision to invest in our municipality underscores the favorable business environment and the quality of life in Bauska," Mayor Okmanis stated. Vilvi Group, with a strong export focus—approximately ...
Modified: 21.08.2024Path: Dairy News: dairy market news every day
Wisconsin Dairy Farmers Urged to Caution Amid Proposed FMMO Changes
... element in the dairy pricing structure that compensates processors for converting raw milk into consumable products such as cheese. The proposed increase in make allowances is intended to help processors cover rising costs, but it could also result in ... ... that while the return to the "higher of" pricing formula for class 1 mover might offset some of the financial impact on processors, it does not fully address the financial losses dairy farmers have incurred since the pricing formula change in ...
Modified: 21.08.2024Path: Dairy News: dairy market news every day
Dairy Farming in the UAE: A Success Story in the Desert
... Dubai and the Middle East, 50,000 dairy cows thriving in the desert may not be the first image that comes to mind. However, the growing demand for fresh dairy products in Dubai has spurred the development of domestic dairy production, reducing reliance on imports. Meeting the Demand of a Diverse Population Dubai's rapidly expanding population, particularly its high number of expats, is driving an increased demand for dairy products like fresh milk, cheese, and yogurt. These expats traditionally consume more dairy than the local population, which has led to the expansion of dairy farms in the region. Although the UAE's harsh climate and limited natural resources pose significant challenges, the country ...
Modified: 21.08.2024Path: Dairy News: dairy market news every day
The Laughing Cow Introduces Limited-Edition 'Everything Bagel Style' Cheese Wedges in U.S. Market
Bel Brands USA, the company behind The Laughing Cow, has expanded its popular line of individually wrapped cheese wedges with the introduction of a new, trend-inspired flavor: Everything Bagel Style. This limited-edition offering draws on the widespread popularity of everything bagel seasoning, which has gained significant traction across social media and consumer markets. The new flavor combines The Laughing Cow's signature creamy cheese with the savory and aromatic blend of garlic,...
Modified: 21.08.2024Path: Dairy News: dairy market news every day
Yili has Retained its Position as the World's Most Valuable Dairy Brand
... cooperative structure and impactful marketing campaigns, securing an 85% share in the Indian butter market and a 66% market share in cheese. Valio 's Rapid Growth: Valio emerged as the fastest-growing dairy brand, with a 31% increase in brand value to $2 billion.... ... market leadership amidst a downturn in the dairy sector underscores the importance of strategic adaptations. The brand's focus on sustainability, digital transformation, and expanding into growth sectors has been key to its resilience. The overall industry ...
Modified: 20.08.2024Path: Dairy News: dairy market news every day
Milk Futures Surge at Week’s Start Amid Steady Commodity Markets
The week began on a positive note for milk futures, building on the momentum from last week's market activity. The Chicago Mercantile Exchange (CME) saw a relatively calm trading session,... ... year. During the session, three lots of NDM and six loads of butter were traded. However, the prices for blocks and barrels of cheese remained unchanged at $2.1000 and $2.2550 per pound, respectively, with no trades reported. While cheese markets held steady,...
Modified: 20.08.2024Path: Dairy News: dairy market news every day
Riverview, LLP’s Ambitious Dairy Expansion Plans in North Dakota
... operations could bring much-needed stability to the industry by providing a reliable supply of milk for processing, thereby justifying the development of new processing facilities. Economies of Scale and Industry Outlook Riverview’s strategy hinges on achieving economies of scale, where large-scale operations can distribute costs more effectively and ensure consistent supply to processing plants. This approach is particularly critical as global demand for dairy products, especially cheese and dry milk, is expected to rise significantly. Goehring noted that while traditional markets in Europe and the U.S. are strong, emerging markets are rapidly increasing their consumption of dairy products, creating new opportunities for large ...
Modified: 20.08.2024Path: Dairy News: dairy market news every day
Lebanon's Agriculture Ministry Launches Comprehensive Crackdown on Dairy Smuggling and Fraud
In a decisive effort to combat smuggling and fraud within the dairy sector, the Lebanese Agriculture Ministry announced a large-scale survey of cow farms, cheese factories, and dairy production facilities across the northern Bekaa region on Monday. The ministry emphasized that this initiative will be conducted "in close coordination with the army command and technical teams from the Baalbek-Hermel Agriculture Department," according to an official statement. The survey will ...
Modified: 19.08.2024Path: Dairy News: dairy market news every day
Belarus Adjusts Export Prices for Meat and Dairy Products
... cream, both condensed and with added sugar or other sweeteners, in various forms such as powder, granules, or other solid forms. This includes dry dairy products with fat contents both below and above 1.5%. Butter: Products with varying fat content. Cheese: Low-fat and fat-free cheeses intended for processing, with specific pricing for cheeses with a fat content of 45% and below, as well as those above 45%. The resolution specifies different price levels depending on the destination of the exports. These prices vary for shipments to Russia, other Eurasian Economic Union (EAEU) countries, Commonwealth of Independent States (CIS) nations excluding EAEU countries, and Georgia. Additionally, separate pricing is set ...
Modified: 19.08.2024Path: Dairy News: dairy market news every day
Renovation of LB Bulgaricum's Vidin Production Facility to Begin in September, Says Economy Minister
... state-owned dairy company LB Bulgaricum is set to commence a significant renovation of its production facility in Vidin, located on the Danube River, starting in September, according to caretaker Economy Minister Petko Nikolov. Speaking during Question Time ... ... investments in the smooth integration of new production equipment for the processing of fresh milk, cow butter, and processed cheese. Maintenance contracts have been renewed for the air-conditioning units, shop windows, and the technical infrastructure ...
Modified: 19.08.2024Path: Dairy News: dairy market news every day
Argentina’s Dairy Consumption Declines Sharply, Poised to Hit Historic Low by Year-End
... increasingly opted for more affordable dairy options, further deepening the decrease in consumption, even for lower-priced products. Cheese, which constitutes 60% of dairy consumption in Argentina, also faced a significant downturn. There was an 18% year-on-year ... ... in the first half of the year. This reduction marks the lowest production level in absolute terms in the past 17 years and, on a per capita basis, is the lowest in Argentina's history. Despite the challenges in the domestic market, Argentina’s dairy ...
Modified: 16.08.2024Path: Dairy News: dairy market news every day
Cheese Prices Hit New Heights at CME as Grain Markets Weaken
... butter prices saw a slight decline, dropping two cents to settle at $3.1200 per pound with eleven loads traded. The rise in spot cheese prices positively influenced Class III futures, which saw an increase for the Q4 period, reaching $20.93 per hundredweight,... ... increase of 12 cents. This divergence highlights the differing market dynamics between various dairy products and their impact on future pricing. Conversely, the grain markets exhibited a downward trend. The August contract for soybeans fell significantly,...
Modified: 15.08.2024Path: Dairy News: dairy market news every day
Collapse of Mona Island Dairy Exposes Significant Financial Shortfall, Owing Nearly £40 Million
The recent collapse of Mona Island Dairy has revealed a substantial financial deficit, with the company owing creditors a staggering £37.2 million, according to a report from the appointed administrators. The Anglesey-based cheese production facility entered administration following a severe cash shortfall, which was publicly disclosed by the owners just two weeks prior to the administration filing. On 7 June, Anthony Collier and Phil Reynolds , representatives of the specialized business advisory firm FRP, were appointed as joint administrators to oversee the proceedings. The administrators' report identified 201 creditors collectively owed £37....
Modified: 15.08.2024Path: Dairy News: dairy market news every day
Wisconsin’s Cheesemaking Excellence Celebrated at State Fair
... Turtle Lake, Wisconsin, for their Cello Maple Mascarpone. "We participate in competitions across the nation and around the world, but winning here in Wisconsin, against the best of the best, is the greatest compliment," said Gosda, reflecting on the achievement. Lake Country Dairy/Schuman Cheese, known for their Italian-style cheeses, introduced the award-winning Cello Maple Mascarpone just nine months before its recognition at the fair. The contest saw over 400 locally produced dairy products vying for top honors, demonstrating the exceptional ...
Modified: 15.08.2024Path: Dairy News: dairy market news every day
Food Union last year exported 30% of its output for EUR 45 million
... markets. We plan to use this opportunity, developing new and close export cooperations this year,” said Cirjevskis. Focuss on exports The five largest Food Union export markets in 2023 were Estonia , Ukraine , Lithuania , Azerbaijan and Poland ... ... annually. The concern plans to continue its expansion in the export markets with products of high added value – ice cream, cream cheese, curds snacks– also in the coming years, as well as to continue sales of industrial powdered milk within the group and ...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
Study Finds Inactive Bird Flu Virus in 17% of US Dairy Products, But No Viable Threat Detected
... sampled from retail stores across the United States this summer contained inactive signs of the H5N1 bird flu virus. However, none of the 167 dairy samples tested, which included milk, ice cream, hard cheese, butter, cream cheese, and aged raw milk cheese, contained viable H5N1 bird flu virus, confirming that pasteurized dairy products remain safe for consumption. Overview of Findings This study marks the second FDA survey on the presence of the bird flu virus in dairy products, following an initial survey in April. The earlier survey found inactive viral particles in 20% of the dairy products tested. While the latest study showed a slightly lower prevalence at 17%, the ...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
USDA Proposes Significant Changes to Federal Milk Marketing Orders
... proposed adjustments would set the protein content at 3.3% and other solids at 6%, totaling 9.3% non-fat solids, up from the current 9%. Barrel Cheese Price Calculation: The USDA suggests removing the 500-pound barrel cheese from the monthly average cheese price calculation, relying solely on the 40-pound cheddar block instead. This change is intended to address the volatility observed in recent years due to fluctuating price relationships between barrels and blocks. Make Allowances: A significant aspect of the proposed amendments is the ...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
Ukraine: Decline in Milk Production Pushes Up Purchase Prices
... energy crisis in Ukraine, caused by missile strikes by Russian occupiers, led to disruptions in ventilation systems on dairy farms and heat strokes in cows, resulting in a 20-30% reduction in productivity. The sharpest decline in production occurred on household farms, contributing to the ongoing shortage of raw milk in the market, which the industrial sector cannot fully compensate for. Currently, the profitability of cheese, whey, butter, and cheese product production is declining in Ukraine. Dairy processing enterprises are trying to operate with minimal profitability. It is likely that the insufficient quantity of milk supplied from dairy farms, as well as the rising ...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
"Kieselmann Bel" Supports the XII Road Rally in Kyrgyzstan
... the field of deep milk and whey processing. This area is particularly relevant in the context of global trends, as it focuses on the production of dairy components such as protein, lactose, casein, lactoferrin, and others. These components not only have ... ... to their easy transportability and long shelf life in dry form but are also key to producing final products such as cottage cheese and cheese. We believe that the factory of the future will not need to receive milk because the use of dry dairy components,...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
Australia Dairy Market Insights: August 2024
... and grain supplies remain tight. Increased freight costs to source feed from more distant areas have put additional pressure on margins. While a wetter spring outlook is anticipated, it may arrive too late to significantly impact the peak production period ... ... Powder (WMP) up 3.5% and 13.8%, respectively. However, inconsistent demand has prevented sustained price increases. Butterfat and cheese products are experiencing stronger support, with global butter prices up 38.7% and cheese prices up 9.3% year-on-year. ...
Modified: 14.08.2024Path: Dairy News: dairy market news every day
Saputo Inc. Announces Election of Board Directors at 2024 Annual Meeting
... production and distribution, has announced the election of its board of directors following the company's annual shareholders meeting on August 9, 2024. The nominees listed in the management information circular dated June 6, 2024, were successfully elected,... ... it maintains its position as one of the world's top ten dairy processors. Saputo's extensive portfolio includes high-quality cheese, fluid milk, extended shelf-life milk and cream, cultured products, and dairy ingredients. The company holds significant ...
Modified: 13.08.2024Path: Dairy News: dairy market news every day
At the Halfway Mark of 2024, U.S. Dairy Exports Showed a 1.7% Decline
... made for the additional Leap Year day. The cheese and whey sectors continued their upward trajectory in June. U.S. cheese exports increased for the sixth consecutive month, rising by 9% (3,203 metric tons), marking the second-largest June performance on record at 38,876 metric tons, only surpassed by June 2022. However, the recent surge in U.S. cheese prices may be influencing export volumes, as June marked the first month in 2024 where shipments fell below 40,000 metric tons. Year-to-date, U.S. cheese exports reached 263,350 metric tons, representing a robust 24% increase (51,151 metric tons) ...
Modified: 12.08.2024Path: Dairy News: dairy market news every day
Will Milk Prices Increase or Stay Rangebound? Analyzing the Divergence in Cheese Prices and Market Trends
Over the past two months, there has been a notable divergence in cheese prices, which raises questions about the future trajectory of milk prices. In July, the monthly average block cheese price on the CME was $1.9126 per pound, slightly up from $1.8941 in June and $1.8753 in May. Barrel cheese prices averaged $1.9239 per pound in July, showing a decline from June's $1.9516 and May's $1.97844. The block/barrel price spread has been inverted but ...
Modified: 12.08.2024Path: Dairy News: dairy market news every day
California Milk Advisory Board Launches Strategic Breakfast Campaign
... individuals looking to simplify their morning routines with quick, nutritious meals. "Mornings Mean More" focuses on the importance of re-establishing morning routines and offers a variety of delicious breakfast solutions that can be prepared ... ... minutes or less. Featured recipes include the Magical Cereal Milk Latte with Salted Caramel Whipped Cream, Chocolate Shell Cottage Cheese Overnight Oats, One Pan Skillet Breakfast Sandwich, and Black and Blueberry Ricotta Grilled Toast, among others. Each dish ...
Modified: 12.08.2024Path: Dairy News: dairy market news every day
USDA Dairy Market Report: Butter Hits $3.11/lb, Cheese and Nonfat Dry Milk See Mixed Trends
... contacts share some contractual commitments are behind lead times. The NASS Cold Storage report for June showed total natural cheese stocks were down 1 percent from May and down 6 percent from June 2023. FLUID MILK: Milk volumes are seasonally trending ... ... tighter in the southwest portion of the country. High heat nonfat dry milk prices also moved higher. Stakeholders note stocks are on the tight end. Dry buttermilk prices on the Central/East and West regions’ price ranges were mostly unchanged this week. ...
Modified: 09.08.2024Path: Dairy News: dairy market news every day
International Dairy Markets See Varied Trends Amid Seasonal Changes and Economic Pressures - USDA
... 100 kg. AUSTRALIA: Australian dairy farmers are facing a challenging season as farmgate milk prices for 2024-2025 were cut by approximately 15 percent due to increasing competition from imported dairy products. Rising input costs have added pressure on dairy producers, potentially driving more farmers out of the market. Lower-priced imported butter and cheese are also negatively impacting domestic sales. NEW ZEALAND: Recent data from New Zealand shows a 1.1 percent decline in milk production for June 2024 compared to the previous year. Additionally, export values for milk powder, butter, and cheese ...
Modified: 09.08.2024Path: Dairy News: dairy market news every day
Tasmanian Politicians Unite in Support of Saputo Burnie Factory Strikers Demanding Pay Parity
Tasmanian politicians have unanimously rallied behind striking workers at Saputo’s Burnie cheese factory, backing a motion that calls for pay parity with their mainland counterparts. This move, initiated by the Greens,... ... spokesperson Helen Burnett. “We’re seeing these Tasmanian workers being replaced by international workers while they’re on strike.” Labor leader Dean Winter reinforced the urgency of the issue, emphasizing the need for the Tasmanian Parliament ...
Modified: 09.08.2024Path: Dairy News: dairy market news every day
Dairy Association of Kyrgyzstan calls for support of the resolution on separating shelves with dairy products
... initiator of the resolution “On the separation of display cases (shelves) for dairy products and products containing milk.” On August 2, the Ministry of Agriculture of Kyrgyzstan published a draft of this resolution. Under the proposal, retail outlets ... ... into two categories: Dairy products: products made from milk and containing it as the main ingredient, including milk, yogurt, cheese, kefir and cottage cheese. Milk-containing products: products that contain milk or its derivatives, such as milk fat substitutes,...
Modified: 08.08.2024Path: Dairy News: dairy market news every day
V&V Supremo Foods, Inc. Mexican Cheeses Take Top Honors at Illinois State Fair Dairy Products Competition
... achieving perfect scores of 100. Notably, V&V Supremo's Queso Blanco, which received a perfect score, has been selected as one of the Top 5 overall products at the competition and will be auctioned off during the prestigious Governor's Sale of Champions on Wednesday, August 14, 2024, at 4:30 PM CDT. The award-winning products from V&V Supremo include: Queso Blanco – Perfect Score – Selected for Governor's Sale of Champions Chihuahua® Brand Cheese – Browntown, WI Plant – Perfect Score Chihuahua® Brand Cheese – Arena, WI Plant Chihuahua® Brand Cheese with Jalapeño Peppers Crema Supremo® Mexican Style Sour Cream Queso Fresco Oaxaca "We had another great year at the Illinois ...
Modified: 08.08.2024Path: Dairy News: dairy market news every day
Decline in Chinese Demand Impacts Global Dairy Markets
... increased by 0.1% year-on-year to June, with a 0.7% rise in May compared to May 2023, driven by ongoing growth in France and Poland. On the export front, New Zealand, the EU, and the US saw monthly export decreases, with New Zealand experiencing a decline of ... ... milk powder and fluid milk products in key markets, including China and Algeria. However, demand for skim milk powder (SMP) and cheese increased in key Southeast Asian markets. In Europe, lower export volumes of whole milk powder, fluid milk products, and ...
Modified: 07.08.2024Path: Dairy News: dairy market news every day
The Russian Dairy Industry After 10 Years of Food Embargo
... sectors. Rising Demand for Dairy Products Support for production is also provided by the growing demand for dairy products. Over the past 10 years, cheese consumption has increased by 42%, butter by 32%, ice cream by 35%, drinking milk by 6%, cottage cheese by 8%, and sour cream by 10%. Impact on the Cheese-Making Industry The food embargo had the most significant impact on the cheese-making industry. According to Vasily Redin, sales director of milk and livestock at Trio Group, over the past ten years, more than 100 billion rubles, or 20% ...
Modified: 07.08.2024Path: Dairy News: dairy market news every day
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