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New Zealand Dairy Industry Sees 9.2% July Production Boost Amid Global Market Challenges
... sharper declines of -4.8% and -9.2%, respectively. In contrast, Australia and Europe reported production growth of 1.6% and 1.3%, respectively. New Zealand dairy exports in July surged by 10.2% YoY, driven by strong demand for skim milk powder (SMP), cheese, and infant formula, particularly from China and other Asian markets. However, anhydrous milk fat (AMF) and butter exports experienced a decline in volume. Global Dairy Trade (GDT) auctions in August reflected these mixed market trends. GDT Event 362 on August 20 recorded a significant 5.5% index surge, marking the largest increase since March 2021, following a modest 0.5% rise earlier in the month. However, the first September auction saw a slight 0.4% dip, as whole milk powder (WMP) prices eased ...
Modified: 01.10.2024Path: Dairy News: dairy market news every day
Rising Egg Prices Spark Concerns Over Milk as New Challenges Loom
... Forecasted Price Increases: The USDA has forecasted higher prices for dairy products in 2025, including Class III milk used for cheese, and Class IV milk for butter. Current supermarket prices, with Kroger advertising a gallon of whole milk at $2.79, indicate ... ... hikes. International Trade Dynamics: Amanda Oren , a VP at Relex Solutions , highlights the impact of tariffs and trade wars on U.S. dairy exports, primarily to Canada , Mexico , and China , which may affect milk prices and profitability for farms....
Modified: 10.02.2025Path: Dairy News: dairy market news every day
India: Summer Heat Fuels Surge in Demand for Dairy and Frozen Treats
As temperatures begin to climb, a surge in demand for summertime favorites such as curd, cheese, ice cream, and flavored milk is anticipated by producers. With the Indian Meteorological Department (IMD) predicting ... ... follows two years of erratic weather patterns during the summer months, marked by unseasonal rains. Consumer firms, reliant on summer sales, are expecting robust growth, with projections ranging from 30% to 50% across various product categories compared ...
Modified: 20.03.2024Path: Dairy News: dairy market news every day
Sader urges Mexican farmers to boost production for domestic and foreign markets
... Berdegué calls for accelerated national production to counter U.S. tariffs. The Secretary of Agriculture, Julio Berdegué, has urged Mexican livestock farmers to ramp up national production, particularly of protein-rich foods such as meat, milk, and cheese. This appeal aims to mitigate the impact of U.S. tariffs on Mexican goods. During a meeting with the National Confederation of Livestock Organizations (CNOG), Berdegué emphasized the need to increase domestic production for local consumption and potential exports to North America and other global markets. ...
Modified: 11.03.2025Path: Dairy News: dairy market news every day
Belarus Seeks to Unlock Italy’s Dairy Manufacturing Expertise
... expressed strong interest in tapping into the expertise and innovations of Italian dairy manufacturers, particularly in the areas of cheese production and advanced dairy processing techniques. As Belarus continues to grow its dairy industry—marked by rising ... ... Gusakov, Chairman of the Presidium of the National Academy of Sciences of Belarus, during the Belarusian-Italian round table on dairy production technologies held from 10-13 September at the National Academy of Sciences of Belarus. The round table marks ...
Modified: 12.09.2024Path: Dairy News: dairy market news every day
Arla Foods Ingredients Welcomes EU-Wide Green Light for MFGM Labelling
... European Union. The ruling, issued by the Danish Veterinary and Food Administration, means MFGM can now be explicitly declared on food products for both infants and adults throughout the bloc. MFGM, a component found naturally in breast milk, is known for ... ... MFGM’s potential beyond infant formula. The initiative highlights new functional product concepts, including a squeezable cheese, a UHT drink for children, and a high-protein drinking yogurt. It also includes recipes targeting toddler nutrition. The ...
Modified: 07.04.2025Path: Dairy News: dairy market news every day
Stable production for Parmigiano Reggiano
... international markets like the US, France, Germany, the UK, and Canada witnessed robust growth. The Consortium president, Nicola Bertinelli, emphasized the importance of investing in international markets as exports near half of total sales. He stressed on engaging in diplomatic dialogues to tackle increasing tariffs, especially in the US, highlighting the cheese not just as a product, but a lifestyle. The production, remaining stable with a slight increase of 1.62%, reflects a resilient demand amid an expansive global market strategy.
Modified: 05.05.2025Path: Dairy News: dairy market news every day
Kyrgyzstan Plans to Export Dairy Products to Uzbekistan and China
... Ministry of Agriculture of Kyrgyzstan announced plans to expand the export of dairy products to the markets of two countries. As stated by Daniyar Zhanyzakov, head of the Food Security Department of the Ministry of Agriculture, during a radio broadcast on September 17, Kyrgyzstan has reached an agreement to export powdered milk and cheese to Uzbekistan. During a recent ministerial-level meeting in Uzbekistan, representatives of the country took sample batches of powdered milk for analysis. If the products meet the required standards, Uzbek entrepreneurs are ready to begin purchasing ...
Modified: 19.09.2024Path: Dairy News: dairy market news every day
Wisconsin’s Dairy Industry: A $52.8 Billion Powerhouse
... Airlines, each generating approximately $50 billion annually. This puts Wisconsin’s dairy industry on the global stage as a formidable economic entity, underscoring its far-reaching influence. Chad Vincent, CEO of Dairy Farmers of Wisconsin, reflected on this achievement: “Thanks to our dedicated dairy farm families, this report highlights the economic and cultural importance of cheese and dairy to our state. Wisconsin continues to lead the way in innovation, quality, and global recognition for its dairy products.” Driving Employment and Local Growth The dairy sector is a cornerstone of employment in Wisconsin, supporting over ...
Modified: 22.11.2024Path: Dairy News: dairy market news every day
Global Food Prices Rise in November, Driven by Dairy and Vegetable Oils
... amid heavy rains in Southeast Asia. Strong global demand boosted soyoil prices, while rapeseed and sunflower oil prices climbed on tightening supply outlooks. Dairy Prices Continue to Strengthen The FAO Dairy Price Index reached 139.9 points in November,... ... Europe. Meanwhile, butter prices set a new record for the 14th consecutive month, driven by tight inventories and robust demand. Cheese prices also rose, fueled by limited supply amid growing spot-market demand. Meat Prices Ease Slightly The FAO Meat Price ...
Modified: 09.12.2024Path: Dairy News: dairy market news every day
Dairy Prices Show Mixed Movements in Midweek Trading at Chicago Mercantile Exchange
At the midweek session on the Chicago Mercantile Exchange, cash dairy prices displayed mostly higher trends amidst limited demand. Dry whey experienced a slight increase, closing up $0.0050 at $0.48. Cheese blocks also saw a marginal rise, up $0.0025, settling at $1.9375 with five sales ranging from $1.9375 to $1.9475. Barrels remained steady with no change in price, holding at $2.01, with transactions recorded at $2.01 and $2.0125 across three sales....
Modified: 13.06.2024Path: Dairy News: dairy market news every day
Saputo and Fonterra Set New Season Milk Prices Amid Market Challenges
... market fluctuations and domestic market variability, with potential price reviews expected as market conditions stabilize. On the other hand, Fonterra’s Oceania managing director, Rene Dedoncker, highlighted the downward trend in global markets for cheese—a significant factor in pricing. Dedoncker also noted the influence of cost of living pressures on domestic demand and the impact of increased imports of lower-cost dairy products. Despite these challenges and the exploration of divestment options for Fonterra in Australia, he reassured suppliers that the business operations would continue as usual,...
Modified: 03.06.2024Path: Dairy News: dairy market news every day
The Voluntary Dairy Dye Removal from School Programs
... has launched a voluntary initiative, known as 'The Healthy Dairy in Schools Commitment,' aiming to remove food dyes from milk, cheese, and yogurt products used in the National School Lunch and Breakfast Programs. While participation is optional, all dairy ... ... elimination from dairy products meant for K-12 schools starting in the 2026-2027 school year. This change focuses exclusively on dairy products. This initiative could impact many schools in Mississippi, among other locations, participating in the NSLP,...
Modified: 23.04.2025Path: Dairy News: dairy market news every day
Butterfat and Protein Propel U.S. Dairy’s Growth Amid Shifts in Consumption Trends
... since the 1950s—just 42.8 billion pounds in 2023—the dairy sector continues to thrive due to the shift towards products like cheese, whey, butter, yogurt, and ice cream. "Over 80% of U.S. farm-gate milk now goes into manufactured dairy products, ... ... than drink their dairy, fueling this shift. Export Opportunities Boost Dairy Sector U.S. dairy processors are also capitalizing on growing export opportunities. Once virtually nonexistent, U.S. dairy exports now account for 16% to 18% of the total U.S. milk ...
Modified: 22.10.2024Path: Dairy News: dairy market news every day
Fonterra Seizes Growth Opportunity in Japan’s Dairy Market
... maintain muscle mass, its dairy lipids support mood improvement, and its probiotics boost immunity and digestion—factors that are increasingly in demand among Japan’s aging population. Additionally, Japan remains one of Fonterra's largest markets for cheese, which it supplies through its ingredients channel. As the world’s fourth-largest economy and New Zealand 's fifth-largest export market, Japan presents ample opportunities for Fonterra to continue its focus on innovation, food science, and agriculture. By leveraging its expertise in dairy nutrition and sustainable practices, Fonterra is well-positioned to meet Japan's evolving dietary needs and continue to grow its presence in this key market. Y
Modified: 23.09.2024Path: Dairy News: dairy market news every day
Arla Foods, DMK Group Announce Merger Plans to Create Europe’s Largest Dairy Cooperative
... and future-focused cooperative that can lead the dairy industry in quality, innovation, and sustainability.” The two farmer-owned cooperatives have collaborated previously, notably through the ArNoCo joint venture, which processes whey from DMK's cheese production into high-quality dairy ingredients for Arla’s global business. The success of that partnership laid the groundwork for deeper integration. Consolidation Amid Headwinds The move comes amid mounting pressures on the European dairy sector, including market volatility, regulatory challenges, and a projected decline in the EU milk pool. Analysts see the consolidation as a strategic attempt to gain scale and efficiency in an increasingly competitive global dairy ...
Modified: 08.04.2025Path: Dairy News: dairy market news every day
Gerrit Smit: Yili Innovation Center Europe continues to drive innovation and excellence
... (HMOs) research, which propelled Yili to the forefront of infant formula development. Smit highlighted the upcoming ceremony on April 18, where YICE will showcase a decade of achievements and unveil state-of-the-art facilities at Wageningen University.... ... addition to infant nutrition advancements, Smit outlined YICE's contributions to diverse dairy product innovations, including cheese and cream categories in China. Collaborative efforts with business units led to the implementation of cutting-edge technologies ...
Modified: 22.04.2024Path: Dairy News: dairy market news every day
Interview with Prashant Tripathi, Founder & Director of Market Development of the consulting company JORDBRUKARE
... will continue to evolve and adapt to changing market dynamics and technological advancements in the future. One key area of focus will be integrating advanced milk production and processing technologies. Additionally, there will be a strong emphasis on value-added dairy products such as cheese, yoghurt, and ice cream to cater to the changing consumer preferences and increase profitability. Furthermore, expanding market reach domestically and internationally will be a crucial direction for development. This will involve exploring new ...
Modified: 25.04.2024Path: Dairy News: dairy market news every day
King Island Dairy sold to Australian company after lengthy search for buyer
... dairy giant Saputo has finalized the sale of King Island Dairy to an Australian-owned entity, King Island Dairy 2 Pty Ltd, managed by Melbourne businessmen Nicholas Dobromilsky and Graeme Wilson. The sale includes the dairy facility, brand, on-site cheese store, and two local farms. This development follows a turbulent period marked by the threat of closure, which had created significant concern among the local community dependent on the dairy as a major employer. Tasmanian Premier Jeremy Rockliff had previously vowed to secure a buyer to prevent the closure and expressed satisfaction at the successful sale. The local government has highlighted the importance of revitalizing the ...
Modified: 10.03.2025Path: Dairy News: dairy market news every day
US Dairy Market: Stable Prices Despite Declining Cow Numbers and Protein Levels
... affecting milk production, prices remain relatively stable. Betty Berning, analyst at the Daily Dairy Report, highlights that while total fat production has increased, milk production and protein levels have decreased. However, subdued demand for cheese, nonfat dry milk, and whey powder, which rely on protein and skim solids, has yet to impact markets significantly. Berning warns that a surge in demand could strain manufacturers' efforts to procure enough protein and skim solids. Although international demand for US dairy has lagged behind previous ...
Modified: 22.04.2024Path: Dairy News: dairy market news every day
Russia Aims to Boost Agricultural Exports to China, Focusing on Powdered Milk
... exports is projected to be primarily driven by powdered milk, along with pork and lamb exports. The lifting of a 15-year ban on Russian pork imports by China in 2023 is anticipated to significantly contribute to the growth, potentially doubling pork exports ... ... competitive Russian export commodities, presenting brighter prospects for dairy factories compared to conventional products like cheese and butter. Global powdered milk prices experienced a dip in 2022 but reversed the trend in the following year, with Russia ...
Modified: 14.02.2024Path: Dairy News: dairy market news every day
Lactalis Challenges SIC Sanctions Over Whey Use: "It's a False Positive"
... 12, 2025, the Superintendency of Industry and Commerce (SIC ) announced a decision to impose fines exceeding $21,000 million on several dairy companies, including Lactalis , the owner of Parmalat , for allegedly violating consumer rights by adding whey ... ... constitute proof of whey addition. The company also claimed that whey identified at its facilities pertains exclusively to the cheese production process and not to the whole milk marketed under the Parmalat brand. The SIC's resolution economically impacts ...
Modified: 31.03.2025Path: Dairy News: dairy market news every day
Dairy Farmers of Wisconsin Announces 2025 Executive Committee and Welcomes New Board Members
..., CEO of Dairy Farmers of Wisconsin. "Together, we are committed to advancing the DFW mission." DFW's directors lead dairy marketing and promotion efforts, set policies and procedures, supervise business affairs and approve annual budgets on behalf of Wisconsin dairy farmers. DFW exists to be a tireless advocate, marketer, and promoter for Wisconsin dairy farmers and to drive demand for Wisconsin's cheese and other dairy products. Organizational initiatives include generating national publicity, managing digital advertising, and driving sales, distribution and trial through retail promotions. Dairy Farmers of Wisconsin also supports in-school education ...
Modified: 26.07.2024Path: Dairy News: dairy market news every day
Plant-Based Dairy: Strong Growth, but Mainstream Potential Remains Untapped
... is primarily driven by plant-based beverages, which constitute approximately 60% of the total market, followed by yogurt and cheese. Plant-based dairy still a mere fraction of the overall dairy market Despite this impressive growth trajectory, the plant-based ... ... substantial opportunity for growth, as indicated by per capita spending variations - Finland spends EUR 34.20 per person per year on plant-based dairy, while France spends only EUR 5.90. Consumer preferences drive the shift towards plant-based options The ...
Modified: 02.04.2025Path: Dairy News: dairy market news every day
Isle of Man Enforces Ban on Certain EU Imports to Prevent 'Goat Plague'
In a bid to protect the Isle of Man's livestock from the highly contagious disease known as "goat plague" (Peste des Petits Ruminants, or PPR), the government has imposed a ban on the importation of specific sheep and goat products from the European Union. The ban, which includes postal imports of meat, cheese, and milk, is designed to safeguard the island's farming sector from a potential outbreak that could be devastating. The virus, which has been responsible for the deaths of hundreds of sheep and goats across mainland Europe, particularly in Romania ...
Modified: 10.09.2024Path: Dairy News: dairy market news every day
Inauguration of Analytical Research Laboratories at Brazzale Science Center Honors Legacy of Dr. Tino Brazzale
... Butter, preservative-free Fratelli Brazzale ice cream, and the introduction of recyclable packaging for grated Gran Moravia cheese. These innovations stand as a testament to the center's unwavering commitment to sustainability, quality, and consumer ... ... underpinned by a sense of purpose rooted in humanistic values and ethical reflection. As the Brazzale Science Center embarks on this new chapter of exploration and innovation, it reaffirms its steadfast commitment to advancing knowledge, fostering collaboration,...
Modified: 15.04.2024Path: Dairy News: dairy market news every day
Milcobel Divests Ysco Ice Cream Business to Davidson Kempner Capital Management
... dynamic and consolidating ice cream market." Grugeon added, "The transaction's proceeds will benefit our member dairy farmers, enabling us to reinforce the value of our dairy activities and partnerships. This will also allow us to concentrate on our consumer cheese business and premium dairy ingredients." The transaction is subject to approval by the relevant competition authorities and will undergo a consultation process with the French Ysco Works Council, in compliance with local labor regulations....
Modified: 06.08.2024Path: Dairy News: dairy market news every day
Camel Milk and Climate Innovation: A Saharan Cooperative Makes Waves at Africa’s Premier Agricultural Fair
... Themed “Agriculture and Rural Areas: Water at the Heart of Sustainable Development,” the event placed a sharp spotlight on climate resilience and innovation in water-scarce environments. Sahara Creativity Footprint stood out by presenting a unique ... ... uniquely suited to extreme climates. The cooperative’s work spans three core areas : Dairy : Natural camel milk, yogurt, and cheese—touted for their digestibility and rich nutrient profiles. Cosmetics : Creams and soaps made from camel milk, free of ...
Modified: 05.05.2025Path: Dairy News: dairy market news every day
Valio Planning to Relocate Vantaa Plant and Pitäjänmäki Warehouse Operations – Change Negotiations are Starting
... employees that industrial activities are likely to move away from Pitäjänmäki. Earlier this year, we held change negotiations on the relocation of the Pitäjänmäki juice factory’s production to Riihimäki,” explains Juha Penttilä , Valio’s Executive ... .... And the need for transport would be reduced,” Penttilä continues. The Joensuu plant produces around 25 million kilos of cheese blocks, consumer packaged cheeses and fresh cheeses annually. The production plant’s main products are Valio Polar® ...
Modified: 22.10.2024Path: Dairy News: dairy market news every day
Dairygold Sets Positive Tone with December Milk Price Increase
... optimistic stance, acknowledging the favorable trends in global dairy markets but underscoring ongoing uncertainties. Lakeland Dairies emphasized the delicately poised nature of the markets as they navigate through 2024. These price adjustments come on the heels of Bord Bia's recent revelation of Irish dairy export performance in 2023. The €6.3 billion value, although down nearly 8% from the previous year, showcased mixed dynamics, with declines in butter offset by increases in cheese, specialist nutritional powders, yoghurt, and whole milk powder. As challenges like adverse weather conditions impacted milk collections in Ireland, resulting in a nearly 2% decline from 2022 levels, industry players remain vigilant in navigating ...
Modified: 16.01.2024Path: Dairy News: dairy market news every day
DeLaval: In the Long Term, Demand for Milk Expected to Outstrip Supply
.... "Slowing economic growth, geopolitical instability, rising cost of living, inflation, and interest rates - all pose challenges for DeLaval and the dairy industry as a whole. Dairy farmers are facing pressure due to increasing production costs on farms and declining milk prices," note the group's analysts. Moreover, according to company experts, in the long term, demand for milk is expected to exceed supply, and cheese consumption will become a primary driver of dairy product demand growth. Future milk production growth will mainly come from increased cow productivity, rather than herd expansion. "In the dairy industry, there is growing demand for solutions ...
Modified: 03.05.2024Path: Dairy News: dairy market news every day
Fonterra CEO Embraces Growth Opportunities in China Amid Global Economic Challenges
... economy and the ongoing demand for innovation. Fonterra, participating in its sixth consecutive year at CIIE, introduces seven new products, including two specifically tailored for the Chinese market. The offerings span from probiotics and collagen to cheese, showcasing Fonterra's commitment to meeting evolving consumer preferences. Hurrell highlights the increasing emphasis on innovation, sustainability, and nutrition among customers and consumers at CIIE. He underscores the strategic importance of China, where Fonterra has deep-rooted itself over four decades, viewing it as a crucial market for growth and development. The ...
Modified: 10.11.2023Path: Dairy News: dairy market news every day
Fonterra Targets Chinese Bakeries with Launch of UHT Cream at Shanghai Expo
... Foodservice Channel The Anchor Easy Bakery Cream, made with 100% New Zealand dairy, is tailored for China’s mid-tier bakery segment—the fastest-growing category in the UHT cream market. The launch reflects Fonterra’s broader strategy to capitalize on high-value foodservice channels, including staples like cream cheese, UHT cream, and mozzarella. China’s demand for UHT cream is fueled by a burgeoning middle class, urbanization, and increasing awareness of dairy’s nutritional benefits. “The Anchor Easy Bakery Cream is designed to attract a new customer base ...
Modified: 05.12.2024Path: Dairy News: dairy market news every day
Kraft Heinz Faces Sales Setback Amid Consumer Price Resistance
... (KHC.O) reported lower-than-expected sales for the first quarter, disappointing Wall Street analysts. The decline in sales signals that consumers, cautious about inflation, are pushing back against higher-priced branded lunch combinations, macaroni and cheese, and deli meats. The company's shares dropped 6% in early trading as it also forecasted that second-quarter organic sales would be similar to the first, citing unplanned maintenance. With many Americans relying on government assistance for grocery purchases, there's a heightened demand for value-oriented products this year. This trend has prompted Kraft Heinz and its competitors to adjust their offerings and strategies after years of price increases. In the ...
Modified: 03.05.2024Path: Dairy News: dairy market news every day
First Lab-Grown Whole Cow’s Milk To Debut In The U.S.
... first lab-grown whole cow’s milk— produced without a single cow. According to its founders, UnReal Milk is produced using mammalian cell culture— replicating the nutrition, taste, and texture of traditional dairy. It can be processed into butter, cheese, and ice cream, offering a lower-carbon, cruelty-free alternative to conventional milk. Brown Foods claims its production method slashes carbon emissions by 82%, water use by 90%, and land use by 95%, without relying on livestock.
Modified: 13.03.2025Path: Dairy News: dairy market news every day
Arla Foods to Close UK Creamery After Failing to Find Buyer
... put the facility, known locally as Tuxford and Tebbutt, up for sale in January but failed to attract a suitor. The creamery, located in Leicestershire in England’s East Midlands, employs approximately 60 people and is known for producing Stilton cheese. In a statement on June 25, Arla Foods said, “This morning, we have spoken to our colleagues who are affected by these proposals and we are now entering into a period of consultation with those colleagues. Our priority right now is to support our colleagues impacted ...
Modified: 02.07.2024Path: Dairy News: dairy market news every day
Dairy Australia: the domestic dairy market remains robust
... dairy farmers is noteworthy, with consecutive profitable seasons and reduced debt levels positioning them well for future challenges. However, high interest rates pose obstacles to industry investment, particularly for young or expanding farmers reliant on debt financing. Despite economic constraints, the domestic dairy market remains robust, witnessing growth in sales of cheese, dairy spreads, and yogurt. While high interest rates and living costs influence consumer behavior, increased in-home consumption has bolstered demand for these products. Although retail price rises have slowed, elevated sales volumes are expected ...
Modified: 18.03.2024Path: Dairy News: dairy market news every day
Arla Foods Expands Dano Brand in Nigeria with Launch of Dano Cool Cow and Dano Full Cream Evaporated Milk
... supporting growth. Gaurav Dwivedi, CEO of Multipro Consumer Products Limited, a partner in the Tolaram Group with Arla Foods, spoke on the partnership's strength. “With Dano Evaporated Milk, we proudly offer a product that embodies nutrition, convenience, ... ... anticipated these products, and they’ll find the wait well worth it,” she assured. Ndidi Okoye, Category Manager for Liquid, Cheese, and Butter, concluded with, “Taste the Dano Difference and elevate everyday moments with our nourishing dairy options....
Modified: 08.10.2024Path: 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
Mengniu takes active part in global industrial chain development under Belt and Road Initiative
... charity events as part of its commitment to societal contributions. In recent years, Mengniu has introduced well-recognized brands such as Milk Deluxe, Yoyi C, and Bellamy's, covering various categories like liquid milk, ice cream, milk powder, and cheese. Aice, a premium ice cream brand targeting the Southeast Asian market, has focused on innovating its product offerings, enhancing quality, and building its brand image. Mengniu's commitment to innovation is reflected in winning the Silver Award of the China Patent Award for its independently developed probiotic PC-01. This probiotic ...
Modified: 13.12.2023Path: Dairy News: dairy market news every day
Fonterra Targets Japan’s Growing Demand for High-Value Dairy Ingredients
... of the aging demographic. In addition to protein-rich products, Fonterra is also strengthening its position in the Japanese cheese market, further diversifying its dairy ingredient offerings through direct sales channels. As the world’s fourth-largest ... ... offers substantial opportunities for Fonterra. The company is committed to deepening its engagement in this market, focusing on science-driven innovations and high-quality dairy ingredients that meet the sophisticated demands of Japanese consumers.
Modified: 23.07.2024Path: Dairy News: dairy market news every day
Mondelez CEO Asserts Investor Indifference to Russia Trade Amid Accusations of 'Moral Bankruptcy'
... player in the food and beverage industry, boasting popular brands like Toblerone, Maynards Bassetts, and Philadelphia cream cheese. Although Russia accounted for 2.8% of Mondelez's global sales last year, down from 4% in 2022, the company remains steadfast ... ... Mondelez spokesperson emphasized the importance of providing food during challenging times and expressed concerns about the impact on families, colleagues, and farmers dependent on the company. Unilever CEO Hein Schumacher has encountered similar calls to exit ...
Modified: 26.02.2024Path: Dairy News: dairy market news every day
Russian Dairy Exports Could Soar to $730 Million by 2030
The Russian dairy industry is on track for significant expansion in the global market. According to Ilya Ilyushin, head of the federal "Agroexport" ... ... conference, export revenues could exceed $730 million by 2030. At the end of 2024, dairy exports had already increased by 19%, with cheese shipments rising by 26%, milk by 39%, and dry milk by 15%. This trend suggests a potential growth of nearly 70% compared ...
Modified: 25.02.2025Path: Dairy News: dairy market news every day
Irish Dairy Exports Flourish in US Market, Fueled by Sustainable Practices and Premium Brands
... accounting for nearly 26% of total Irish dairy export growth between 2019 and 2023. Notably, 24% of Irish butter exports and 6.5% of cheese exports found their way to American households in 2023. Furthermore, the US market plays a pivotal role in Ireland's casein ... ... with influential trade customers to promote Ireland as a preferred dairy supplier, resonating with buyers' increased emphasis on environmental sustainability. The success story of Kerrygold exemplifies Ireland's dairy prowess in the US market. As Ireland's ...
Modified: 26.04.2024Path: Dairy News: dairy market news every day
Saputo Forecasts Steady Growth Amid Global Challenges, Fueled by Strategic Investments and Market Adjustments
... target of 2.25 times net debt to adjusted EBITDA, as operational efficiencies and cash flow enhancements take effect. For FY25, priorities include scaling operations in the U.S. through the completion of several capital projects aimed at transforming the cheese network and operationalizing new facilities. The Canadian and European sectors will focus on automation, supply chain optimization, and expanding product portfolios to drive growth. In Australia, strategic reviews and asset sales, such as the divestment of two milk processing facilities to Coles Group Limited, are on the agenda as part of ...
Modified: 10.06.2024Path: Dairy News: dairy market news every day
Beston Global Food to Wind Down Operations After Failed Sale Attempts
... company attracted interest from Japanese conglomerate Megmilk Snow Brand, which initially made a non-binding offer for Beston’s cheese and lactoferrin production facilities in South Australia. However, the offer was withdrawn within weeks, and the search ... ... unsuccessful. Administrators announced that, due to significant weekly trading losses, the company will cease milk production on December 6, 2024, and begin an orderly wind-down. Attempts to sell the business as a going concern failed, with potential buyers ...
Modified: 28.11.2024Path: Dairy News: dairy market news every day
Dairy Producer Margins Hit 18-Month High Amidst Variable Market Conditions
... financial environment, the broader dairy market faces headwinds, particularly from the export sector. U.S. dairy exports dipped in May, falling below the levels of the previous year after seeing growth in April. Weak demand from Asia has continued to weigh on the market, although exports to Mexico have seen significant increases. Cheese exports, for instance, soared by 46.6% in May, setting a record for the month, with Mexico receiving over 40 million pounds.
Modified: 04.07.2024Path: Dairy News: dairy market news every day
Global Milk Ingredients Market to Surpass $118 Billion by 2034
... largest population of daily dairy consumers, the U.S. is both a leading producer and consumer of milk ingredients. High demand for cheese, yogurt, and protein-rich products further solidifies its position as a dominant player in the market. 2. India: Rapid ... ... world’s largest milk producer, is set to achieve a CAGR of 7.3%, with sales reaching $19.6 billion by 2034. Traditionally focused on direct milk consumption, India is now capitalizing on investments from major global players like Nestle and Amul to manufacture ...
Modified: 09.12.2024Path: Dairy News: dairy market news every day
Saputo Faces Backlash Over Proposed Kirkby Malzeard Plant Closure (UDT)
... intention to close the Kirkby Malzeard creamery in North Yorkshire, placing 80 jobs at risk and potentially ending over a century of cheese production in the village. This move, part of the company’s global consolidation strategy, comes amid mounting economic ... ... Reactions The announcement has sparked a wave of concern among local officials, unions, and community leaders, who have called on Saputo to reconsider its decision or ensure robust support for displaced workers. “Our priority is to ensure that employees ...
Modified: 17.01.2025Path: Dairy News: dairy market news every day
Dairy Euro 2024: Matches on June 26
... whereas Romania's is 2.071 million tonnes. Ukraine vs. Belgium In the milk production per capita indicators, the score is 172:389 in favor of Belgium. The average milk yield per cow in Ukraine is 5.28 tonnes, while in Belgium, it is 8.46 tonnes per year. Cheese consumption per person is 4.25 kg per year in Ukraine and 14.2 kg in Belgium. Milk consumption per capita in Belgium is about 345.8 kg per year, compared to 205.4 kg in Ukraine. Georgia vs. Portugal Georgia and Portugal are also competing on the football field today. Regarding milk production per capita, Portugal leads with 173 kg against Georgia's 152 kg. The average milk yield per cow in Georgia is 1.28 tonnes per year, compared to 7.69 tonnes in Portugal. Milk consumption per capita ...
Modified: 26.06.2024Path: Dairy News: dairy market news every day
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