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USA: demand dairy may be tempered by a general financial pinch
... tempered by a general financial pinch. Senior dairy sector analyst at Terrain, Ben Laine, underscores the implications of spending on food at home versus food away from home for dairy markets. As the USDA projects a 2.1% overall increase in food prices in 2024,... ... Dairy Management Inc. (DMI) President and CEO, Barbara O'Brien, reports robust retail demand for dairy, with notable growth in cheese, yogurt, and cottage cheese. General Mills dairy business reveals plans to launch a high-protein, low-sugar yogurt product ...
Modified: 13.12.2023Path: Dairy News: dairy market news every day
CME Group Cash Markets Report - March 28, 2024
In the latest USDA report for March 28, 2024, here are the highlights across various dairy products on CME Group: Butter: Grade AA butter closed at $2.8425, with a weekly average of $2.8438, marking a slight increase of $0.0228.... ... report indicated a 19% increase in February 2024 butter stocks compared to January 2024 and a 1% increase from February 2023. Cheese: Barrels closed at $1.4275 and 40# blocks at $1.4175, with weekly averages showing slight decreases. Production schedules ...
Modified: 01.04.2024Path: Dairy News: dairy market news every day
The Savencia Fromage & Dairy Group’s sales 2023 increased by +3.7%
... currencies against the euro. Current operating income, at €212.9 million, decreased by -9.1%, or -€21.4 million. This decrease was mainly due to higher raw materials and energies costs and lower industrial product prices, which had a negative impact on Other Dairy Products. Cheese Products were up by +€46 million, driven by price adjustments across all markets in response to high inflation worldwide, and by operational productivity gains. As a result, the current operating margin for Cheese Products rose from 2.1% to 3....
Modified: 08.03.2024Path: Dairy News: dairy market news every day
Reduction in Raw Milk Supply in the EU Pushes Up Purchase Prices
... Cheese stocks in European warehouses are lower than usual due to a lack of raw milk needed by cheesemakers. However, a lack of strong demand for skimmed milk powder and reluctance to buy butter in bulk at current prices have allowed processors to focus on producing cheese and other more profitable products. The market maintains a precarious supply-demand balance, which helps to prevent sharp price fluctuations. Press Office of the Ukraine Milk Producers Association
Modified: 15.10.2024Path: Dairy News: dairy market news every day
Do You Need to Improve the Quality of your Raw Milk Supply?
... of cheese. Raw milk quality is vital for the shelf-life of #UHT milk and for correct flavour development of several types of cheese. When you have established good cow health and have control over your raw milk cold chain, we believe the next focus for ... ... in products made with reconstituted milk powders. I had a recent opportunity to present PPB Technology Pty Ltd 's insights on the root causes of excess protease levels in raw milk. Jess Kelly and I represented PPB Tech at the recent Dairy Olympics ...
Modified: 17.04.2025Path: Dairy News: dairy market news every day
Dairy Industry Grapples with Challenges as 2025 Approaches
... dairy heifers. “The shortage of dairy livestock is dire and getting worse,” Hardin said, noting that prices for replacement heifers have soared to $3,400–$4,000 per animal. He urged farmers to return to breeding for dairy replacements and to focus on extending the productive lifespan of their current herds. Consumer Demand Offers a Silver Lining Despite these challenges, Hardin pointed to surging consumer demand for dairy products as a rare bright spot. Sales of organic whole milk, cottage cheese, yogurt, and premium products like “fairlife” milk have all seen substantial growth. “Americans are realizing the importance of protein in their diets and are turning to dairy as a key source,” Hardin said. Demand for organic milk, in particular,...
Modified: 23.12.2024Path: Dairy News: dairy market news every day
Saputo to Cut Jobs and Shift Focus at UK Factory
... indicated that these changes are necessary to simplify its business and improve efficiencies amidst challenging market conditions. Saputo's UK arm clarified that this move will not affect its cheese production, including at the Davidstow site where cheddar cheese is produced. The firm also assured that the proposal will have no impact on its farmer suppliers. The proposed changes are expected to be implemented by the end of September 2025. Saputo has stated that it will enter a consultation period to support affected employees. This announcement follows recent financial challenges ...
Modified: 07.04.2025Path: Dairy News: dairy market news every day
USDA Forecasts Reduced 2024 Milk Production, Anticipates Market Resilience
... projects a decline in 2024 milk production, partially offset by an increase in cow inventories. The estimated all-milk price for 2023 has decreased to $20.48 per hundredweight, while the forecast for 2024 sees an uptick to $20.95 per hundredweight. On a fat basis, both domestic use and fat-basis exports show an increase, driven by anticipated growth in butter and cheese exports, positioning the United States competitively in the global market. The USDA expects a decrease in fat-based imports. Skim-solids basis domestic use rises due to higher-than-expected disappearance in late 2023. However, skim-solids basis ...
Modified: 09.02.2024Path: Dairy News: dairy market news every day
Australia: Anticipated Downturn in Milk Prices Poses Challenges for Dairy Industry
... the dairy industry both domestically and globally. McLean, who successfully predicted Australia’s shift towards becoming a dairy importer, highlighted recent statistics showing the country imported 350,000 tonnes of dairy products, including butter, cheese, and ice cream, marking an increase in dairy imports over exports. He expressed concerns over the economic outlook, cautioning that the so-called "dark clouds on the horizon" might herald more than just weather changes, particularly affecting those in the export markets. The domestic market may offer some respite as major Australian dairy companies maintain a strong presence locally, with supermarket home ...
Modified: 09.05.2024Path: Dairy News: dairy market news every day
Carbery Raises October Milk Price Amid Stable Dairy Demand
... Steady Market Conditions The October price adjustments reflect stability in global dairy markets, particularly for butter and cheese, wh ere demand remains consistent. Processors continue to leverage market conditions to deliver value to their suppliers,... ... sustainability and quality incentives playing a growing role in overall payouts. As processors like Carbery maintain a focus on maximising returns for shareholders, the outlook for dairy pricing remains cautiously optimistic amid steady market performance....
Modified: 25.11.2024Path: Dairy News: dairy market news every day
Rising Consumer Preferences Drive Growth in Frozen and Refrigerated Dairy Categories
... consumers shifted their perception of value with 40% of shoppers buying more frozen products to manage rising food prices and focus on more nutritious offerings. According to NFRA’s report, which surveyed 2005 US adults from Nov. 7-12, 2024, frozen food sales ... ... reported by FoodNavigator-USA. Consumers are seeking nutrient-dense dairy products, with more than half of shoppers buying milk and cheese, and 48% buying yogurt. Yogurt and cottage cheese have gained popularity via social media, seen as protein-rich options ...
Modified: 09.01.2025Path: Dairy News: dairy market news every day
Brexit Border Checks Threaten Fine Food Imports from EU, Warn Sellers
... led smaller British retailers and wholesalers to experience significant delays in receiving goods. The impending initiation of physical checks from April 30, along with increased charges, has sparked concerns among sellers about the potential impact on the availability and freshness of fine artisan foods such as charcuterie, cheese, pasta, and olive oil. Patricia Michelson, owner of La Fromagerie, laments the growing paperwork burden faced by independent producers, making it increasingly challenging to source unique products from different regions. John Farrand, managing ...
Modified: 23.04.2024Path: Dairy News: dairy market news every day
Saputo considers closing Wensleydale plant in UK
... Malzeard, Yorkshire. Saputo Dairy UK has announced potential plans to close its Wensleydale Creamery plant located in Kirkby Malzeard, Yorkshire. The plan involves relocating cheese packing operations to Nuneaton in the Midlands. According to a report on the local BBC website, the company will continue its cheese production at its primary facility in Hawes, Yorkshire, as indicated by the Local Democracy Reporting Service. The Canadian dairy giant acquired Wensleydale Dairy Products in 2021 for £23 million (€27.3 million), showing its commitment to expanding ...
Modified: 27.01.2025Path: Dairy News: dairy market news every day
USDEC’s 5 signposts to guide dairy exports in 2024
... an eight-year high, increasing the purchasing power of Mexican buyers and further bolstering consumer confidence. At the same time, dairy products in the U.S. were moderately priced, creating an ideal buying opportunity. Mexican importers capitalized on these conditions, importing 16% more nonfat dry milk/skim milk powder (NFDM/SMP) and 20% more cheese than in 2022, the previous record year. While Mexico will almost certainly continue to be the top destination for U.S. exports in 2024, it may be difficult to keep up the breakneck pace seen last year. Indeed, recent performance of NFDM/SMP exports ...
Modified: 25.02.2024Path: 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
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
China's Dairy Imports Surge in Early 2025
... and cream purchases. In the first two months of 2025, China saw a notable increase in dairy imports, despite scaling back on milk powder, both whole and skimmed. The overall import surge was marked by a 7.6% increase, fueled by a 72% rise in butter ... ... and a 12.7% increase in cream imports. New Zealand and France were the major beneficiaries of these increased purchases. Cheese imports also played a significant role, seeing a substantial 14.5% rise with New Zealand and Australia dominating as suppliers,...
Modified: 09.04.2025Path: Dairy News: dairy market news every day
Wisconsin Dairy Farmers Fear Impact of Trump's Deportation Plans
... the dairy industry's reliance on immigrant labor. Wisconsin dairy farmers are increasingly alarmed by the implications of former President Donald Trump\'s immigration and mass deportation strategies on the dairy industry, a sector heavily dependent on foreign labor. John Rosenow, a dairy farmer in Waumandee, is one such voice of concern. He has underscored the critical role immigrant labor plays in sustaining daily operations and providing products like milk, cheese, butter, and ice cream. Speaking to the Financial Times, Rosenow poignantly remarked, "If there's no immigrant labor, there's no milk, no cheese, no butter, no ice cream. We'll all have to go vegan." With Trump's policy plans threatening ...
Modified: 12.02.2025Path: Dairy News: dairy market news every day
Synlait Milk has received critical financial support from its chinese shareholder
... leverage, and senior leverage ratios. Amid these fiscal challenges, the company's banking syndicate is reviewing a package of proposed waivers put forward by Synlait to ease some of the financial pressures. Furthermore, the potential sale of the Dairyworks cheese operation, initially put on the market last June to refocus on B2B infant formula and foodservice businesses, has failed to attract a satisfactory binding offer. Despite receiving some interest, the company stated that the sale process is no longer formally open, though they ...
Modified: 04.06.2024Path: Dairy News: dairy market news every day
A year ago we created France Process UK
... have made the first English speaking advanced cheese making course in France, together with Actalia Produits Laitiers and ENILV. You will see the only small part of all this exciting experience in this video. And we have just opened the registration on our website www.franceprocess.fr for the new English speaking advanced cheese making course in France in January 2024! Join us !❤️
Modified: 29.10.2023Path: 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
Increased Milk Processing in Germany
... remained steady in mid-February. The escalating demand for block butter from the industry empowered manufacturers to dictate higher selling prices. The South German Butter and Cheese Exchange in Kempten increased the quotation by an average of 15 cents on Wednesday (Feb 14), ranging from €5.35/kg to €5.45/kg. The sliced cheese market was reported as balanced. Meanwhile, in the bread category, the quotation for Edam and Gouda in Hannover experienced a slight reduction of 5 cents, settling at €4.10/kg to €4.30/kg. Revival in Skimmed Milk Powder Business According to ...
Modified: 19.02.2024Path: Dairy News: dairy market news every day
Ukraine Sees Increase in Dairy Imports by 10.2% and Exports by 5.3%
..., cheese exports witnessed a substantial 67% increase, and sour-milk products saw a 4% rise. However, some categories experienced a decline, with whey exports dropping by 58%, butter and milk fats decreasing by 19%, and milk and cream falling by 6%. On the import side, butter and milk fats saw a sharp 76% increase, while whey imports grew by 14%, sour-milk products by 11%, and cheese by 5%. The only decline in imports was observed in milk and cream, which dropped by 3%.
Modified: 23.10.2024Path: Dairy News: dairy market news every day
Wisconsin Cheese Makers Association Applauds $11M in Federal Funding for Dairy Innovation
... bolsters rural communities." Senator Baldwin, a long-standing advocate for the DBII, underscored the impact of the program on Wisconsin’s dairy industry: “My Dairy Business Innovation Initiative has helped Wisconsin dairy farmers, producers, and ... ... develop innovative products. I’ve seen firsthand the transformative effects of this funding—from tripling production at local cheese processors to adding value at a seventh-generation dairy farm. Today’s announcement is exciting news for Wisconsin, enabling ...
Modified: 08.10.2024Path: Dairy News: dairy market news every day
Historic Arla Melton Mowbray Creamery Faces Uncertain Future
... dairy company, has announced a strategic review of its historic Melton Mowbray Creamery, locally known as Tuxford & Tebbutt, raising concerns about the future of dozens of jobs at the Thorpe End-based facility. The creamery, which has been producing cheese since 1780, is currently under threat as Arla explores options, including finding a buyer for the site. While the company reassures that the creamery will remain operational during this uncertain period, it acknowledges the potential impact on the 60 employees currently working at the facility. Arla is committed to supporting its workforce through the changes and maintaining normal operations, ensuring no disruptions to production or customer commitments. Fran Ball, VP of production at Arla ...
Modified: 23.01.2024Path: Dairy News: dairy market news every day
Global Reconstituted Milk Market Set for Significant Growth by 2032
... consistent quality has led to strategic partnerships between reconstituted milk suppliers and ice cream producers. Additionally, the cheese production industry leverages reconstituted milk to mitigate supply chain volatility and reduce manufacturing costs, marking ... ... Skepticism regarding the nutritional value of reconstituted milk compared to fresh milk persists. Market players are thus focusing on enhancing consumer perception and addressing quality concerns to sustain positive growth trajectories. The Asia-Pacific region ...
Modified: 05.07.2024Path: Dairy News: dairy market news every day
Olzha Agro plans to build a plant for 300 tons of milk processing per day
On the second day of the panel session of the Central Asian Dairy Congress, Azamat Khojanazarov, Deputy General Director of Olzha Agro Holding, presented the company's strategy for the development of milk processing and cheese production in Kazakhstan, writes DairyNews.today. According to the expert, today the Sadchikovskoye enterprise produces about 25-30 tons of semi-hard cheeses per month. Earlier it was reported that in 2019, the company produced 1.9 thousand tons ...
Modified: 27.11.2024Path: 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
Tillamook Debuts "Extraordinary Dairy" Campaign Designed to Delight Dairy Lovers Everywhere
... partnership with leading creative agency Leo Burnett, the launch marks a new era for the creamery as it continues to compete on quality and expand its national footprint. "Our brand has grown exponentially over the past several years, evolving from ... ... of award-winning, extraordinary dairy products, known for bold flavor and quality ingredients. As one of the fastest-growing cheese, ice cream, and cream cheese makers in the country, and the #1 selling cheddar brand nationwide, the dairy co-op announced ...
Modified: 01.05.2024Path: Dairy News: dairy market news every day
Marieke Gouda Secures $41,000 Wisconsin Dairy Grant to Boost Operations
... and employs approximately 50 workers across its factory, retail store, and creamery. A $3 million expansion in 2022 doubled the factory's size, adding a state-of-the-art cheese aging room that increased storage capacity from 9,000 to 60,000 wheels of cheese. Marieke Penterman and her husband, Rolf, both natives of the Netherlands, started their cheese-making journey on a 100-acre farm southeast of Thorp. In 2013, the couple relocated their operation for better visibility along Highway 29. Today, their operation includes up to 435 cows, supported by a conditional use permit within Thorp city limits. Dairy's Bright ...
Modified: 17.12.2024Path: 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
UK-Canada Agricultural Trade Talks Reach Standstill, Raising Concerns for Food Standards
... potential competition with lower-priced imports, potentially stabilizing domestic beef prices. However, it adds complexity to trade relations, particularly concerning Canadian dairy products. In the short term, the impasse may lead to potential tariffs on UK exports to Canada, affecting items such as cheese and motor vehicles. This highlights the intricacies of unilateral trade negotiations as the UK charts its course in the post-EU trading landscape. The challenges are compounded by the UK's relatively smaller market size, making it crucial to navigate ...
Modified: 14.02.2024Path: Dairy News: dairy market news every day
Estonia: Dairy Prices Dip, Flour Follows, Eggs Buck Trend
... price, while butter saw a modest decrease from €12.77 to €13.28. Cheese prices exhibited minimal change, decreasing by only 2 percent per kilogram, with the current price standing at €11.47 compared to €11.68 a year ago. Conversely, cottage cheese prices saw a marginal increase of 2 cents. The most significant changes in dairy product prices were observed on a year-on-year basis, with minimal fluctuations between March and April. In contrast, egg prices showed an upward trajectory on an annual basis, with a 6 percent increase for local produce and a 1 percent rise for imported eggs. However, compared to ...
Modified: 03.05.2024Path: Dairy News: dairy market news every day
Saputo: Revenues amounted to $4.267 billion, down $320 million
... projects, company writes. Factors Influencing Adjusted EBITDA: Solid performance in the Canada Sector. Operational improvements in the USA Sector, despite negative market factors. Increased sales volumes in domestic and export markets. Lower international cheese and dairy ingredient market prices in the International Sector. Impact on the Europe Sector due to selling inventory produced at higher milk prices. The Board of Directors approved a dividend of $0.185 per share, payable on March 15, 2024. Additionally, Saputo announces the suspension of its Dividend Reinvestment Plan ("DRIP") ...
Modified: 09.02.2024Path: Dairy News: dairy market news every day
Little Moons Introduces Limited-Edition Cinnamon Bun Mochi for Autumn Season
... joins Little Moons’ portfolio of 18 gluten-free flavors, each free from artificial ingredients. Howard Wong, co-founder of Little Moons, remarked, “Our customers love the variety of flavours available, and there’s nothing more seasonal to snack on than a Spicy Cinnamon Bun mochi that’s filled with delicious cream cheese gelato and wrapped in our famous mochi dough.” The seasonal mochi ice cream will be available in major UK retailers, including Asda, Co-op, Morrisons, Sainsbury’s, Tesco, and Waitrose, with a recommended retail price of £5.00 for a six-pack....
Modified: 28.10.2024Path: Dairy News: dairy market news every day
Ice cream is becoming the leader among dairy products in Russia, demand has increased by 20%
According to the V Congress of the Siberian Union of Milk Producers and Processors, in 2024 ice cream came out on top in popularity among dairy products among the Russian consumer. In the period from January to August of this year, the ... ... which made it the most popular dairy product. Cream and yogurt took second and third places, respectively, while the category of cheese products showed a 46% drop, and the demand for kefir decreased by 1%. Artem Belov, CEO of Soyuzmoloko, noted the positive ...
Modified: 12.11.2024Path: Dairy News: dairy market news every day
Zimbabwe's dairy cattle herd reaches 65,660, 119% above target
... litres to 130 million litres. Increasing raw milk processing volumes from 70 million litres to 130 million litres. To achieve these targets, the following measures were taken: Implementing the Dairy Revitalisation Programme, funded by a voluntary levy on cheese and butter imports. Managing milk powder imports and encouraging local raw milk production. Supporting the modernisation and upgrading of existing dairy enterprises. However, obstacles to the development of the sector remain. According to the NDS1 ...
Modified: 04.02.2025Path: Dairy News: dairy market news every day
Pizza Hut Increases Sustainable Dairy Sourcing, Cuts Cheese Emissions by 10% in 2023
... supply from farms committed to lowering methane and carbon dioxide emissions by 30 percent by 2030. This marks a key achievement for the franchise, which sources about 2.35 billion pounds of milk annually from 140,000 dairy cows, primarily for mozzarella cheese used across its 20,000 global locations. In collaboration with Dairy Farmers of America, Pizza Hut announced in 2022 that it would work with 10,000 farms focused on sustainable practices. According to Yum! Brands’ 2023 sustainability report, released on October 8, Pizza Hut surpassed its original goal, sourcing 60 percent of milk from low-emission farms a year ahead of schedule. Dairy contributes substantially ...
Modified: 10.10.2024Path: Dairy News: dairy market news every day
New Zealand's Fluid Milk Production Forecasted to Decline in 2024
... country's trade agreements, especially with China, ensure a steady demand for its dairy products. As of January, the final duties on imports of New Zealand dairy products under the New Zealand-China Free Trade Agreement were reduced to zero. By May, global ... ... volumes of New Zealand dairy products had increased by 5% compared to the same period last year, despite lower shipments of cheese and butter. This growth underscores the sector's efforts to diversify its production across multiple value-added revenue ...
Modified: 06.08.2024Path: Dairy News: dairy market news every day
Cheesemaker Warns PM to Be Cautious with US Trade Deal
... standards and economic impacts. Britain's largest cheesemaker, Giles Barber, urges caution over a potential trade deal with the US amidst rising tariffs and concerns over food standards. Operating since 1833 in Ditcheat, Somerset, his firm is the UK's top cheese exporter to the US. Despite a 10% tariff on UK imports, Barber advises, "Be careful, Sir Keir," advocating for careful negotiation over hasty deals. The Prime Minister, Sir Keir Starmer, has emphasized the deal must be in the "national interest". Barber's Cheddar, employing ...
Modified: 14.04.2025Path: Dairy News: dairy market news every day
Dairy Queen Revives Red Velvet Blizzard Treats Ahead of Valentine’s Day
... savor a delightful dessert. This heart-shaped confection features layers of vanilla soft serve, rich red velvet cake, and cream cheese icing, all topped with a layer of the Red Velvet Cake Blizzard Treat. For ice cream aficionados eyeing seasonal flavors ... ... Barilla has reintroduced its heart-shaped 'Love' pasta for those looking to celebrate Valentine’s Day with a creative twist on their dinner plates. The product is available nationwide as well as on Amazon. All these festive offerings are available for ...
Modified: 22.01.2025Path: Dairy News: dairy market news every day
USDA Holds Steady on 2024-2025 Milk Production Forecasts
The USDA's latest World Agriculture Supply and Demand Estimates (WASDE) report, released on June 12, maintains unchanged milk production forecasts for 2024 and 2025, with minor adjustments in cow inventories balanced ... .... Reflecting recent market trends, the USDA has revised upward the price forecasts for key dairy products for 2024. Butter, cheese, and whey have seen price increases due to recent market strength, though nonfat dry milk (NDM) prices remain steady. Consequently,...
Modified: 18.06.2024Path: 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
Lactalis Professional partners with The Michelin Guide
... "smarter dairy solution" for foodservice operators. They emphasized their collaboration with customers, offering various products across the UK and Europe, providing recipe inspiration, and delivering culinary support to maximize the use of cheese on menus while enhancing profit margins. The partnership with The Michelin Guide offers an opportunity for Lactalis Professional to further support and engage with the culinary community, celebrating the outstanding contributions to the contemporary culinary ...
Modified: 06.02.2024Path: Dairy News: dairy market news every day
FDA Outlines Research Priorities for Avian Influenza Impacting U.S. Dairy Cattle
... objectives: Objective 1: Understand Characteristics of Inactivation Methods for H5N1 Dairy Products This objective will focus on determining the pasteurization temperature thresholds and durations required to neutralize H5N1 HPAI effectively. Efforts include: ... ... continuous flow pasteurization equipment reflective of commercial use to confirm effective pasteurization parameters. Raw Milk Cheese Aging: Assessing the survival of H5N1 HPAI virus in raw milk cheeses under various aging parameters. Objective 2: Determine ...
Modified: 26.06.2024Path: Dairy News: dairy market news every day
Nepal to Consider Import of Indian Dairy Products Amid Export Concerns
... nations discuss trade agreements and market access. India has raised concerns regarding the obstacles faced by its milk exporters in Nepal . In response, Nepal has agreed to consider facilitating the import of specific milk products, such as whey and cheese, which are not significantly produced within Nepal. The discussions took place during the India-Nepal Inter-Governmental Committee (IGC) meeting on Trade, Transit, and Cooperation to Combat Unauthorised Trade, held in Kathmandu on January 10-11. According to an official statement, Nepal has been receptive to India's requests regarding the import of milk products not adequately produced locally,...
Modified: 15.01.2025Path: Dairy News: dairy market news every day
Most Australian milk processors have maintained milk prices at levels below last season
... Waller also noted that the announced prices are the minimums for the season, with potential incentives and price reviews dependent on global market conditions. She encouraged farmers to utilize the dairy industry's milk value portal for transparent data on pricing and market trends. Despite these assurances, the export figures from Dairy Australia indicate a mixed performance, with rising cheese exports but declines in skim and whole milk powders compared to the previous year. Approximately 30% of Australian milk production is destined for export markets, yet the domestic market consumes the majority, including about a third for bottled ...
Modified: 09.07.2024Path: Dairy News: dairy market news every day
Beston Global Food Company and Maggie Beer Holdings Consider Strategic Sales
Beston Global Food Company is currently evaluating a potential bid for its core cheese and lactoferrin business, signaling a significant shift in its strategic focus. Simultaneously, Maggie Beer Holdings has ... ... broader dairy industry is experiencing turbulence, with large-scale assets like Fonterra’s multi-billion-dollar holdings also on the market. The difficulties faced by smaller players like Beston and Maggie Beer illustrate the challenges of operating in ...
Modified: 04.09.2024Path: Dairy News: dairy market news every day
Turkmen Ak Depe Hyzmat launched production of a new type of yogurt
On the eve of the New Year, the economic company Ak Depe Hyzmat launched the production of a new type of yogurt. This was reported ... ... pasteurized milk with a fat content of 3.2%, kefir packaged in 0.5 and 1 liter bottles, cream, two types of biokefir, cottage cheese, suzma and ayran. It is noted that Ak Depe Hyzmat was the first in Turkmenistan to establish the production of mozzarella ...
Modified: 03.01.2024Path: Dairy News: dairy market news every day
Vilvi Group Injects €50 Million into Cheese Production Expansion in Latvia
Vilvi Group, a prominent player in dairy processing across the Baltic States, is embarking on a significant expansion of its cheese production capabilities in Bauska, Latvia, with a hefty investment of approximately €50 million. With a robust export share hovering around 90%, Vilvi Group primarily targets European Union nations while also tapping into markets across Asia ...
Modified: 14.03.2024Path: Dairy News: dairy market news every day
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