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Arla Boosts UK Dairy Production with Additional £300m Investment in Factory Upgrades
... committed to a substantial additional investment in its UK manufacturing facilities, bringing its total capital expenditure on factory upgrades to £300 million for this year. Announced in advance of today’s UK Farm to Fork Summit at 10 Downing Street,... ... financial injection is intended to modernize Arla’s dairies and creameries, fostering increased production of British milk and cheese. The announcement follows a significant £179 million investment in March at the Taw Valley site in Devon, positioning ...
Modified: 14.05.2024Path: Dairy News: dairy market news every day
FAO Food Price Index drops in August
... demand and the lacklustre market activities associated with the summer holidays in Europe. Moreover, international butter and cheese prices dropped, reflecting similar factors coupled with steady production schedules in Oceania. The FAO Meat Price Index* ... ... increase in world sugar prices was mainly triggered by heightened concerns over the impact of the El Niño weather phenomenon on global production prospects. In India, below-average rains in August were detrimental to sugarcane crop development, while ...
Modified: 15.09.2023Path: Dairy News: dairy market news every day
First Milk Cooperative Acquires BV Dairy in Bid to Preserve Heritage and Legacy
... PKF Francis Clark through a meticulous bidding process, marks a significant transition for BV Dairy, known for producing soft cheese, yoghurt, clotted cream, and gut health dairy products. Jim Highnam, the current Managing Director of BV Dairy and a representative ... ... Clark's corporate finance team, led by Chris Potts, played a crucial role in identifying First Milk as the right buyer to carry on the BV Dairy legacy. Chris Potts, Corporate Finance Director, highlighted the importance of finding a buyer aligned with the ...
Modified: 26.02.2024Path: 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
ExpoSuipacha 2025: Charting the Future of Dairy Production and Markets
... population by 50,000 could limit recovery prospects. Industrials such as Gustavo De la Vega from Mastellone Hermanos highlighted the need to discuss quality-based payment systems over volume and emphasized the demanding nature of domestic industries on raw materials due to increased efficiency. The discussion echoed a prevailing commitment among participants to revitalize both domestic consumption and export strategies. Although current conditions, including a backlog of cheese stocked and currency exchange issues, pose hurdles, the industry’s resolve remains strong as they navigate these dynamics. Highlighting the government’s role, discussions revolved around regulatory and tax burdens, with claims that lowering ...
Modified: 30.04.2025Path: Dairy News: dairy market news every day
FAO Food Price Index: Dairy Prices Driven by Global Demand for Milk Products
... palm oil production due to seasonal declines in major Southeast Asian producing regions. Additionally, soyoil prices rebounded on reduced crushing levels in the United States. Sunflower and rapeseed oil prices recovered modestly, supported by tighter supply ... .... Furthermore, global butter prices continued their eleven-month ascent, driven by tight inventories and solid demand, while cheese prices increased due to limited exportable supplies from Western Europe amid seasonally low milk output. Meat Prices Stabilize,...
Modified: 07.10.2024Path: Dairy News: dairy market news every day
Eco-Milk: Tasmania's Dairy Innovation Reduces Methane Emissions by 25%
... feed additives in the dairy industry. Currently, producers of these additives, which inhibit methane production by microbes in cows' stomachs, have invested significantly to scale up production for millions of animals. Notable attempts include French cheese maker Bel Group's initiative to feed an additive to 10,000 dairy cows in Slovakia, and trials by companies like JBS, Danone, and Fonterra, though none have yet implemented the additives on a large scale. Sam Elsom, CEO of Sea Forest, emphasized the importance of consumer support for products like Eco-Milk. “If these products aren't supported, things will go back to usual, and the pace of decarbonization will be much slower,” he said....
Modified: 22.07.2024Path: Dairy News: dairy market news every day
Dairy imports to China remain low
... a recession, which indicates that pork prices in China may remain low even in 2024," Sharp recalls. "Optimization on pig farms may reduce China's demand for whey products for at least the next six months". From the beginning of the year ... ... to get total Chinese dairy imports well below 2022, despite a modest increase in imports of skimmed milk powder, UHT milk and cheese compared to last year," Sharp said.
Modified: 12.12.2023Path: Dairy News: dairy market news every day
Argentina's Dairy Sector Struggles Amid Economic Turmoil, USDA Report Finds
... of the Argentine peso has unexpectedly boosted the competitiveness of Argentine dairy products internationally. This currency effect has lowered prices for foreign buyers, resulting in a 10% increase in dairy exports in the first five months of 2024. Cheese exports, in particular, are expected to rise from 85,000 tons in 2023 to 100,000 tons in 2024. On the domestic front, the situation remains grim. Rising production costs have significantly increased the prices of dairy products, eroding consumer purchasing power amidst rampant inflation, which is nearly 300% annually for food and non-alcoholic ...
Modified: 24.07.2024Path: Dairy News: dairy market news every day
UK Dairy Market Overview - January 2024
... experienced modest drop-offs. The market tone has shifted to a "wait and see" approach ahead of the Spring flush. On the farmgate front, the latest published farmgate price for December averaged 37.8ppl. February saw positive announcements,... ... Retail-aligned contracts, including Tesco and Sainsbury’s, witnessed increases, while non-aligned liquid contracts remained stable. Cheese and manufacturing contracts showed a mix of holds and increases, with Arla Direct leading with a 2.52ppl uplift. Despite ...
Modified: 14.02.2024Path: Dairy News: dairy market news every day
Cumbrian First Milk Farmers See Farmgate Milk Price Increase
... for its manufacturing standard litre, including the member premium. Mike Smith, Vice Chairman and Farmer Director, commented on the announcement, stating, "There has been recent positive momentum in global dairy market prices driven by sentiment,... ... time." First Milk, a British dairy cooperative, is supplied by around 250 Cumbrian farmers. The cooperative manufactures cheese, specialist dairy ingredients, and whey proteins for its customers, and provides traceable fresh milk to various dairy ...
Modified: 05.07.2024Path: 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
Synlait Faces Supplier Exodus and Financial Strains Amid Market Pressures
... reported $96 million loss in April and a substantial debt load of $500 million. Recent major investments, including a $280 million manufacturing plant in Pokeno and a $125 million upgrade at their Dunsandel plant, along with acquisitions like Talbot Cheese and Dairy Works, have contributed to this debt. Efforts to sell Dairy Works were unsuccessful, leading Synlait to withdraw it from the market and to undertake a strategic review of its North Island assets. “When trying to sell when you are on your knees, you aren’t in a strong position,” said Leferink, indicating that the company's negotiating leverage may be compromised. Farmers have voiced a desire to see Synlait's balance sheet deleveraged, a sentiment that aligns with broader concerns ...
Modified: 14.06.2024Path: Dairy News: dairy market news every day
Unraveling Synlait: A Dive into the Downfall of a Former NZX Dairy Star
... in the first half of the year, the company's trajectory has been turbulent, leaving investors and industry observers perplexed. So, what went wrong for Synlait? Pre-Pandemic Spending Spree: Before the onset of the COVID-19 pandemic, Synlait embarked on an ambitious spending spree, investing heavily in infrastructure and acquisitions. However, despite pouring significant sums into ventures such as the Pokeno manufacturing plant and acquisitions of cheese companies, the anticipated returns failed to materialize. The underutilization of the Pokeno plant, despite additional investments, has left Synlait grappling with inefficiencies. Pandemic Fallout: The tumultuous impact of the pandemic further ...
Modified: 04.04.2024Path: Dairy News: dairy market news every day
Agropur Appoints Jean-François Dubé as Senior Vice President of Operations
... has announced the appointment of Jean-François Dubé as senior vice president of operations. In this role, Dubé will focus on enhancing efficiency and reliability across Agropur’s 29 production facilities in Canada and the United States. Dubé will ... ..., initially serving as vice president of Health and Safety, and later advancing to vice president roles in Manufacturing for Cheese and Ingredients Canada , and Strategic Initiatives and Organizational Transformation. Agropur, Canada’s largest dairy ...
Modified: 13.11.2024Path: Dairy News: dairy market news every day
EDA Welcomes EU-Mercosur Free Trade Agreement as Trade Milestone
... EU’s ambitions and the outstanding work of its negotiation teams.” The deal integrates modern trade principles, focusing on enhanced market access, diversified supply chains, and investment opportunities. It also emphasizes sustainable development ... ... rates ranging from 98% to 281%. However, dairy trade within the bloc has historically been regional, with limited EU exports of cheese and milk powders to these markets. The agreement is expected to unlock significant opportunities for European dairy exporters,...
Modified: 09.12.2024Path: Dairy News: dairy market news every day
Stability in Milk Prices Amid Global Supply and Demand Dynamics
... Rosalind Crickett attributes the index's decline to the reduction in milk powder product prices, despite a rise in butter and cheese products, as anticipated before the event. This period usually represents a quieter start to the year, with 87% of available ... ... Asia and Southeast Asia/Oceania. Crickett further notes that, notwithstanding a 15.7% decrease in WMP and a 15% decline in SMP on offer since the last event, traders have cited a 'hand to mouth' purchasing approach by regions during the holiday season. ...
Modified: 22.01.2025Path: Dairy News: dairy market news every day
Milk Mantra Returns to Profitability in FY24 with Strategic Cost Management
... approximately 3% to INR 167.4 Cr. Curd: Saw the highest growth among product categories, increasing over 10% YoY to INR 65.7 Cr. Cottage Cheese: Experienced a decline of 5.5% YoY to INR 27.2 Cr. Buttermilk and Lassi: Sales plummeted by 27.5% YoY to INR 3 Cr. Ghee: ... ... as a significant player in the dairy industry with its innovative brands like Milky Moo and Moo Shake. The company’s focus on controlling operational costs and enhancing revenue streams from key product lines has paved the way for its return to profitability ...
Modified: 05.08.2024Path: Dairy News: dairy market news every day
Israel Braces for 4.48% Surge in Price-Controlled Dairy Products
....48% increase in the prices of price-controlled dairy products, as declared by the Agriculture and Rural Development Ministry on Monday. This hike will notably impact the pricing of various dairy essentials. For instance, the cost of a liter of bagged ... ... 2.63 to NIS 2.75, and 250 ml of 38% fat sweet cream will rise from NIS 7.07 to NIS 7.39. Additionally, the price of 28% fat cheese will elevate from NIS 48.95 per kg to NIS 51.14 per kg. This increase follows an automated mechanism for price adjustments ...
Modified: 17.04.2024Path: Dairy News: dairy market news every day
Dairy Industry Struggles Persist Despite Marginal Margin and Cost Improvements
... moderated and futures indicate further declines in corn and soybean meal prices, Sharp points out that the overall situation on dairy farms is more complex than it seems. Despite improved spot milk values and reduced overproduction penalties, many producers ... ... of cooperative members but penalizes non-cooperative producers in the region. Additionally, tight milk supplies and expanding cheese production capacity have slowed the flow of milk to dryers, reducing the share of U.S. milk sold at the higher Class IV ...
Modified: 12.03.2024Path: Dairy News: dairy market news every day
Kerry Group CEO Signals Openness to Offers for Irish Dairy Business
... an 8.6% decrease fr om the previous year. Kerry's global flavors and nutrition business, a vital part of the company, focuses on supplying higher-margin products to international food producers. While the Irish dairy business remains a relative drag on margins, Scanlon emphasized its quality, stating it is "as good as any (dairy business) that exists out there." Despite selective investments to enhance margins in the dairy unit, including a new cheese string plant set to open in May, the dairy business appears increasingly isolated from the group's strategy. A potential deal in 2021, wh ere Kerry Co-op would acquire it for around €800m, fell through, and subsequent negotiations have faced ...
Modified: 16.02.2024Path: Dairy News: dairy market news every day
Romania is becoming the largest net importer of dairy products in Eastern Europe.
... 2014), with a price of €2,078 per ton (+167.8%). For the year, Romania imported: Raw milk worth €137.9 million (192.5 thousand tons), with exports of 62.9 thousand tons; Butter worth €100 million (19.4 thousand tons), with exports of €2 million; Cheese worth €507.3 million (111.8 thousand tons), with exports of €98.7 million According to analysts' forecasts, the steady reduction in the herd and the lack of large-scale modernization in the farming sector are leading to Romania's dependence on supplies from the EU (mainly from Poland and Germany), which is driving up internal price pressure and intensifying the imbalance in the industry. Y
Modified: 07.05.2025Path: Dairy News: dairy market news every day
Synlait's Financial Turbulence
... Goodson, the managing director of Salt Fund Management, pointed out that Simon Robertson's background as a former CFO of Auckland International Airport equipped him with valuable financial expertise to address the issues confronting Synlait, a firm listed on the New Zealand stock exchange. Synlait is facing a substantial debt payment of $130 million due in March, and it has also committed to selling Dairyworks and Talbot Forest Cheese. Additionally, it is currently embroiled in arbitration with its significant customer, a2 Milk, which seeks to terminate an exclusivity contract with Synlait to produce its Chinese-label infant formula at Synlait's Dunsandel plant. A2 Milk alleges ...
Modified: 25.10.2023Path: Dairy News: dairy market news every day
RDP and Bongards Join Forces to Propel Growth in America's Heartland
... collaborated with Bongards Creameries, providing $20 million in New Markets Tax Credit financing for the expansion of their cheese and whey processing facility in Perham, Minnesota. This strategic funding aims to enhance production capacity, streamline ... ..., thereby creating and retaining 158 direct jobs and stimulating 389 indirect jobs supporting operations. Significant Impact on Rural Economy The expansion project is set to make a substantial impact on the local economy. The added capacity will not only ...
Modified: 01.03.2024Path: Dairy News: dairy market news every day
Danone to Sell US Organic Dairy Units to Platinum Equity as Part of Portfolio Review
... Danone mentioned that it would retain a minority stake in the business. The move is aligned with Danone's strategy to focus on its health-focused brands and reinvest in growth priorities. The sale is expected to impact Danone's 2024 financials. Danone's ... ... of the Horizon Organic and Wallaby businesses with a portfolio of organic dairy products, including milk, creamers, yogurt, cheese and butter. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately ...
Modified: 02.01.2024Path: 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
Australian Dairy Farmers Face Challenges as Major Processors Announce Price Cuts
... complexity, Fonterra Australia's managing director, Rene Dedonker, noted that while domestic milk sales remain strong, sales of cheese and butter are declining due to the influx of cheaper imported products. Dairy Australia's statistics reveal that dairy ... ... attributed to increased domestic production in China, fueled by significant government investment, reducing the country's dependency on imports. In a strategic move, Fonterra has announced plans to exit the Australian market as part of a global restructuring....
Modified: 15.07.2024Path: Dairy News: dairy market news every day
Key Market Signals That Could Influence Milk Prices in 2024
... sales, attributing it to changing consumer habits. He noted that many Americans may find it too cumbersome to sit down and pour milk over their cereal. However, he emphasized that dairy remains resilient, with increased consumption in other forms like cheese. Dairy Exports: Plourd discussed the challenges faced by the dairy export market in 2023, with a 16% decline in export value compared to the record-setting year of 2022. The reliance on exports, particularly to key partners like Mexico, played a crucial role in mitigating potential losses. Insurance Payouts: The introduction of Dairy Revenue Protection (DRP) in 2018 significantly influenced risk management for dairy farmers. In 2023,...
Modified: 07.03.2024Path: Dairy News: dairy market news every day
Global Dairy Trade Prices Soar to 18-Month Peak, Setting Positive Trend
... percent increase, adding a favorable dimension to the market dynamics. The diverse nature of the dairy market was evident as cheese prices saw a notable drop of nearly 8 percent. Despite this fluctuation, the upward trajectory in the overall average price ... ... industry navigates through these fluctuations, market participants will closely monitor trends to gauge the potential impact on farming economies and consumer pricing.
Modified: 21.02.2024Path: Dairy News: dairy market news every day
No Colorful Gorgonzola in the Pipeline, - Antonio Auricchio
... pink or reddish-brown. Antonio Auricchio, the president of the Gorgonzola Consortium, felt compelled to provide clarification on this matter. "I believe there is a considerable misconception that, as a protection consortium, motivates us to set the ... ... Gorgonzola PDO with blue cheeses. While our Gorgonzola undeniably belongs to the broader global family of cheeses known as 'blue cheese' in English, these terms should not be used interchangeably. English studies, suggesting the production of cheeses with ...
Modified: 13.02.2024Path: Dairy News: dairy market news every day
American Dairy Product Gains Momentum in China
... China as a major export market. The demand is primarily driven by the pork production industry in China, which relies heavily on whey as animal feed. Despite facing high tariffs compared to competitors like Australia and New Zealand, the U.S. has managed ... ... waiver system, reducing tariffs from 32% to 8%. Castaneda sees potential in further expansion of U.S. dairy products such as cheese, bolstered by diplomatic engagements to lower tariffs even further. Castaneda remains optimistic about renegotiating conditions ...
Modified: 12.02.2025Path: Dairy News: dairy market news every day
Dairy Imports in China on a Rise While Powder Milk Declines
... imports rose by 7.6%, driven primarily by butter and cream, according to the Observatorio de la Cadena Láctea Argentina (OCLA). Butter imports increased by a staggering 72.6% and cream by 12.7%, with New Zealand and France as the main suppliers. Cheese imports also grew by 14.5%, with New Zealand and Australia providing 80% of these imports. Despite a reduction in overall imports from the EU by 16.5%, Italy became the leading European supplier of fresh cheeses with a rise of 38.7%. Conversely,...
Modified: 07.04.2025Path: Dairy News: dairy market news every day
Dairy Industry Adapts to Rising Trend of GLP-1 Medication Use
... suggests that dairy products, especially those with functional benefits such as yogurt, are well-positioned to support consumers on their GLP-1 journey. Sally Lyons Wyatt, Global EVP & Chief Advisor Consumer Goods & Foodservice Insights at Circana, emphasizes ... ... sections. However, there are challenges. Some consumers are not fond of the taste or texture of products like kefir and cottage cheese, suggesting a need for innovation to enhance appeal and functionality. Nevertheless, the functional benefits of these dairy ...
Modified: 18.02.2025Path: Dairy News: dairy market news every day
Japan and UK Secure Geographical Indication Protections, Boosting Trade Confidence
In a significant development, 37 geographical indications (GIs) have received formal protection on February 29, marking a crucial milestone in the trade relations between Japan and the UK. This follows a thorough scrutiny ... ... Japanese market, as per the UK Department for Business & Trade. This move safeguards iconic British products such as Staffordshire Cheese and Orkney Scottish Island cheddar, preventing the influx of counterfeit goods into the Japanese market. It instills confidence ...
Modified: 29.02.2024Path: Dairy News: dairy market news every day
Upstate Niagara Cooperative Rebrands as UNC Dairy
..., is set to update its trade name to UNC Dairy. Despite the name change, the consumer-facing brands such as Upstate Farms and Bison dip will remain unchanged. The rebranding is seen as a symbolic shift, marking a milestone in the cooperative's focus on dairy, as mentioned by CEO Kevin Ellis in Dairy Foods magazine. This rebranding coincides with an expansion of the cooperative's facilities in West Seneca, New York, aimed to address the surging demand for Greek yogurt and cottage cheese. The cooperative operates several facilities across regions including Batavia, Buffalo, Rochester, West Seneca, Syracuse, North Lawrence, and Williamsport, Pennsylvania, maintaining its dedication to providing high-quality dairy products while ...
Modified: 22.04.2025Path: Dairy News: dairy market news every day
Beston Global Food Company Enters Voluntary Administration Amid Rising Costs and Market Challenges
... by record milk inflows and mozzarella sales. However, escalating costs, particularly energy prices, continue to weigh heavily on the company’s financial performance. In FY23 alone, Beston absorbed an additional $28 million in expenses, primarily due ... ... reduce debt. However, attempts to secure a deal with Japan ’s Megmilk Snow Brands Co . for the acquisition of Beston’s cheese and lactoferrin facility in Jervois fell through, contributing to the decision to enter voluntary administration. The company ...
Modified: 23.09.2024Path: Dairy News: dairy market news every day
Tuxford and Tebbutt Creamery, Continues Operations Amidst Strategic Review
... largest dairy cooperative in the UK with a global presence in 11 countries, is addressing the challenges faced by the speciality cheese market, including the decline in Stilton demand. The cooperative, owned by around 8,492 dairy farmers worldwide, remains ... ... during this uncertain period. Emphasizing support for colleagues through potential changes, the company aims to provide an update on the strategic review by April. Despite market challenges, Arla Foods remains dedicated to delivering its renowned products,...
Modified: 24.01.2024Path: Dairy News: dairy market news every day
Milk production fell in the EU in 2022 – FAO
... in the Ukraine, the EU, the UK and Norway. The latest review shows that milk output in Ukraine fell back by as much as 16% on 2021 figures. This, according to the FAO, reflected “the damages to the country’s farming infrastructure due to the war,... ... The steepest year-over-year increase was recorded in butter prices, followed by skim milk powder and whole milk powder, but cheese prices continued to increase throughout the year. According to the FAO Dairy Price Index (FDPI), international dairy product ...
Modified: 26.10.2023Path: Dairy News: dairy market news every day
Korea: Milk Prices Rose at the Fastest Pace Since 2009 in 2023
... growth in 14 years since the global financial crisis in 2009. According to data from the Korean Statistical Office published on Thursday, the consumer price index for milk in 2023 reached 118.13 points, which is nine-tenths of a percent higher than the ... ... percentage points in 2023, marking the largest growth in 42 years since 1981 when prices rose by 18.4 percentage points. Meanwhile, cheese prices jumped by 19.5 percentage points, the highest increase in 15 years since 2008. Ice cream prices also rose by a significant ...
Modified: 18.01.2024Path: Dairy News: dairy market news every day
Ukrainian Milk Market Faces Price Decline Due to Surpluses and Low Domestic Demand
... kilogram. Overall, the weighted average price for the three milk grades has fallen to UAH 13.76 per kilogram without VAT, down by 34 kopecks over the past month. According to Kukhaleishvili, May's price reductions are a result of an abundant supply of milk on the market, which is not matched by demand from processing enterprises. Despite a previous shortage, raw milk prices are declining due to reduced consumption of dairy products in Ukraine and falling prices for exchange-traded goods. Notably, the price of cheese products, primarily exported to Kazakhstan, has seen significant drops due to competitive pricing from Russia and Belarus in that market. Unlike their European counterparts, Ukrainian milk processors often lack long-term contracts, making it difficult ...
Modified: 14.05.2024Path: Dairy News: dairy market news every day
China's Whole Milk Powder Imports Expected to Decline in 2024 Amidst Shifting Consumer Preferences
... significant surplus, prompting the Chinese government to implement subsidy policies aimed at stabilizing the domestic processing sector. These initiatives are designed to incentivize increased production of whole milk powder. Notably, China relies heavily on processing raw milk into milk powder due to a lack of substantial production of higher value dairy products like cheese or butter. The forecasted decline in whole milk powder imports reflects a dynamic shift in consumer choices and the government's efforts to manage the surplus in raw milk production. As China continues to navigate its dairy industry landscape, ...
Modified: 29.01.2024Path: Dairy News: dairy market news every day
By 2032, global consumption of dairy products will increase to 15 kg in dry matter per capita
... during the World Dairy Summit taking place in Chicago from October 15 to 19. In 2022, global per capita consumption was 13kg on a dry matter basis, Ms Jackson said. The most significant growth will be shown by India and Pakistan, where consumption will ... ... consumers of highly processed milk products are the United States and the countries of the European Union. The main increase in cheese consumption by 2032 will occur in the United States of America - from the current 16.5 to 20 kg per person. The countries ...
Modified: 18.10.2023Path: Dairy News: dairy market news every day
Opportunity and Unease as Dairy Farmers Expand to Supply Fairlife, Other New Businesses
... reaching into the millions, are in preparation for the demand from new and expanding dairy plants such as Fairlife , Great Lakes Cheese , and Cayuga Milk . However, this optimism is shadowed by potential economic and logistical threats. John Mueller from ... ... with China , as significant sources of uncertainty. New York, as the nation’s fifth-largest milk producer, relies heavily on a stable workforce—half of which consists of migrant labor—and open trade channels. While advancements in automation and ...
Modified: 21.04.2025Path: Dairy News: dairy market news every day
Arla Foods Ingredients Launches Whey360 to Promote MFGM Benefits Beyond Infant Formula
... Administration's decision not to classify MFGM as a novel food, applicable across the EU, facilitates the inclusion of MFGM on product labels for both infants and adults. MFGM contains whey protein and complex milk lipids, such as phospholipids and ... ... positions MFGM as a 'multinutrient' beneficial for every stage of life, showcasing its potential in products like squeezable cheese, kids' UHT drinks, and high-protein yogurts. Henrik Jacob Hjortshøj from Arla Foods Ingredients expressed enthusiasm ...
Modified: 09.04.2025Path: Dairy News: dairy market news every day
USDA Drops 2025 Milk Production Forecast; Replacement Dairy Heifers Tumble to 47-year Low
... adjustment to its 2025 milk production forecast, citing a reduction by 400 million pounds. This decision stems from recent reports on Milk Production and Cattle Inventory, which showcased a smaller supply of dairy heifers than expected. According to the latest ... ... changes in product pricing, attributing these variations in part to the new Federal Milk Marketing Order. Among the changes, cheese prices have increased by $0.02 per pound due to tight inventories. Conversely, prices for butter, non-fat dry milk, and ...
Modified: 27.02.2025Path: Dairy News: dairy market news every day
Carbery Group Faces Decline in Turnover and Operating Profit Amid Market Challenges
Carbery Group, a prominent international ingredients, flavors, and cheese producer based in west Cork, has disclosed a decrease in group turnover and operating profit for the fiscal year 2023, ... ... (Wednesday, April 24), the group's turnover for 2023 amounted to €616.1 million, reflecting a year-on-year decrease of 11% on a constant currency basis. Meanwhile, Group EBITA (operating profit before interest, tax, amortization of goodwill, and other ...
Modified: 25.04.2024Path: Dairy News: dairy market news every day
Australian Dairy in 2024: Highs, Lows, and Challenges Amid Drought and Price Cuts
... Woes: Generic Brands and Price Cuts Major supermarket chain Woolworths stirred controversy early in the year with its generic cheese brand Hillview, adorned in green-and-gold packaging despite being made in New Zealand. The issue resurfaced when Woolworths ... ... $1.60 to $1.55 per liter in September. The move marked the first price cut since the infamous $1-per-liter pricing introduced on Australia Day in 2011, reigniting concerns about the impact of retail pricing on the industry. Farmgate Price Collapse By ...
Modified: 17.12.2024Path: Dairy News: dairy market news every day
Lactalis Canada Secures $3.343M Government Support for Ingleside Plant Modernization
... through the Fund. Combined with Lactalis Group's substantial investment of over $11 million, this financial support will fuel a comprehensive modernization project at our Ingleside operations. The project entails the incorporation of state-of-the-art cheese processing and packaging equipment, reinforcing our commitment to innovation and efficiency, Lactalis Canada writes on LinkedIn. Emphasizing the significance of collaboration with the federal government, Lactalis Canada is dedicated to co-building an innovative, sustainable, and competitive agriculture and agri-food sector in Canada. This strategic partnership aims ...
Modified: 06.02.2024Path: Dairy News: dairy market news every day
Since 2018, imports of dairy products to Uzbekistan have been growing by an average of 22.5% - Akram Talibov
At the AqAltyn conference, Akram Talibov, General Director of Mustang Feeding Technologies (Uzbekistan), presented a report on the topic “Growth of the dairy market in Uzbekistan: fake or fake?”, The DairyNews reports. According to Akram Talibov,... ... products in Uzbekistan. In the structure of imports of dairy products in Uzbekistan, the largest share at the end of 2022 was cheese - 32% of supplies in value terms. Significant volumes in 2022 also came from fermented milk products (16.5%), milk powder ...
Modified: 28.11.2023Path: Dairy News: dairy market news every day
Dr. Torsten Hemme: Global Population Growth to Boost Dairy Consumption
... Torsten Hemme, IFCN Chairman of the Advisory Board from Germany, spoke at the XV Dairy Olympics, noting that despite a decline in the consumption of drinking milk, there is a significant increase in the consumption of other dairy products, especially cheese. - Despite these trends, there are many challenges that the dairy industry needs to focus on. The alternative sectors are very actively using marketing tactics. Their arguments include claims that milk is not made for humans, it is not beneficial, adults should not drink milk, and that people who consume butter and milk are unhealthy, and ...
Modified: 27.05.2024Path: Dairy News: dairy market news every day
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