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"David vs. Goliath": Milk Producers Stand Against Savencia Cheese Manufacturer

...," according to Sunlait President Loïc Delage. The group is the second-largest cheese producer in France, the fifth-largest cheese producer in the world, with more than 25,000 employees worldwide, and a turnover of 6.5 billion euros in 2022, thanks to ... ... Then, in August, the Coutances Court of Appeal ordered Savencia to pay Sunlait 25.9 million euros: the group "cannot rely on the behavior of its competitors to release itself from its contractual obligations," it motivates. "It is here that ...

Modified: 27.03.2024
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FAO Dairy Price Index Soars as Cheese Takes the Spotlight

... increase of 3.3 points (2.4%) from December 2024 and a striking 24.3 points (20.4%) above its value from the previous year. Cheese storage stood at the forefront of this hike, with international quotations increasing by 7.6% month-over-month. This surge ... ... and whole milk powder saw declines due to recovered production in Europe and a low-driven internal and import demand. Impact on Overall Commodity Prices When compared to the previous year, the general index in January was 7.3 points (6.2%) ahead of its ...

Modified: 19.02.2025
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EU and Mexico Finalize a "Modernized" Trade Agreement

Mexico to eliminate tariffs on EU exports such as cheese, poultry, and pasta as part of a modernized trade agreement. The European Union and Mexico have reached a 'modernized' trade agreement that promises significant changes in the trade relations between the two entities. Under this agreement, ...

Modified: 22.01.2025
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America’s Dairy Farms Face Drastic Decline Amid Pricing Challenges and Rising Costs

... County has only 14 dairy farms, reflecting a national trend of consolidation. Pricing Challenges A key factor in the decline of small dairy farms is the Federal Milk Marketing Orders (FMMO) system, established in 1937 to regulate milk pricing based on its end use. Milk prices are categorized by classes: Class 1 (bottled milk), Class 2 (yogurt), Class 3 (cheese), and Class 4 (butter and powdered dry milk). While Class 1 traditionally commands the highest price, improvements in milk production, transportation, and processing have led to increased milk supply and a reduction in prices. Fr om 2005 to 2020,...

Modified: 24.10.2024
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Stabilization of demand led to a slight decrease in milk prices in the EU

... for cheese production, which was actively sold in supermarkets in February. Complications in shipping through the Suez Canal, due to shelling by Yemeni Houthi rebels of commercial transports, created obstacles to the delivery of European butter and cheese to external markets. By the end of February, there was a decrease in demand for skimmed milk powder and whole milk powder on external markets, as most buyers had already made their purchases. In February, European companies replenished warehouse stocks of butter and cheese and were interested in cheap raw materials. However, a significant collapse in milk prices in Europe ...

Modified: 15.03.2024
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America’s Dairy Farms Are Disappearing: Navigating Pricing Challenges and Industry Consolidation

... than 60% of milk production in the U.S. takes place on farms with over 2,500 cows. This consolidation has left a lasting impact on rural communities, making it harder for consumers to trace the origins of their food. As a dairy specialist at the University ... ... farmers are paid for their products. Milk is categorized by its end use: Class 1 for bottled milk, Class 2 for yogurt, Class 3 for cheese, and Class 4 for butter or powdered dry milk. Farmers are typically paid the lowest allowable price for their milk, and ...

Modified: 24.09.2024
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Valio invests over EUR 60 million in Lapinlahti plant cheese manufacturing

... the new production line is expected to be commissioned in the spring of 2026. “With this significant investment, we secure the continuity of cheese production for a long time to come. In practice, this means that, for example, our popular gourmet cheese, Valio Keisarinna, everyday favourite Valio Hyvä suomalainen Arki and dozens of other cheeses will continue to be found on store shelves. The investment will also reduce the waste generated in production and boost the cheese-making capacity of the Lapinlahti plant, ”says Aleksi Ylitalo, director of the Lapinlahti plant. The changes in cheesemaking include an expansion ...

Modified: 29.05.2024
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Global Dairy Products Market is anticipated to cross USD 790 Billion by 2029

... the role of dairy in maintaining strong and healthy bones. Rapid Urbanization and Changing Lifestyles: Urbanization has resulted in busier lifestyles, driving the demand for convenient and portable food options. Dairy products, such as yogurt cups, cheese snacks, and single-serve milk products, are becoming popular choices for on-the-go consumers, providing a quick and nutritious solution for busy schedules. As disposable incomes rise, consumers are more willing to spend on premium and value-added dairy products. This includes specialty cheeses, organic and artisanal dairy items, and products with added health benefits, contributing to the overall growth of the dairy market. Market Challenges Lactose Intolerance and Dairy ...

Modified: 09.05.2024
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Global Dairy Market Faces Challenges: Slow Price Recovery and Modest Demand Amid Inflationary Pressures

... showing a 1.6% decrease year-over-year in March. The report also addresses the minimal impact of the recent US bird flu outbreak on milk production and dairy demand, noting that the overall spread and severity of the virus remain uncertain. Regarding interest ... ... could indirectly benefit farmers and dairy processors by improving credit affordability, albeit temporarily. Global demand for cheese and butter remains strong, but exports of skim milk powder are underperforming, largely due to decreased demand from China....

Modified: 10.05.2024
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California Milk Advisory Board Recognizes Innovation Prowess in Dairy Startups

... A panel discussion delved into insights on the impact of dairy innovations on retail sales and consumer behavior. Reflecting on their victories, founders expressed gratitude for the opportunities afforded by the CMAB and VentureFuel partnership. Donald ... ... highlighted the inspiration gained from witnessing the entire California milk processing journey. Andrew Arbos, CEO of Arbo’s Cheese Dip, emphasized the symbiotic relationship between innovative brands and California dairy farmers, stressing the importance ...

Modified: 20.11.2023
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USDA Declares Vermont Dairy Farms Free of Bird Flu Amid Epidemic

... programs. Amid ongoing concerns about avian influenza outbreaks, Vermont has achieved a significant milestone by being the first New England state declared free of bird flu in its dairy farms, as announced by the U.S. Department of Agriculture (USDA ) on May 15, 2025. A rigorous milk sampling program mandated by the USDA was conducted, assessing all Vermont Grade A milk and raw milk from cheese makers, and found no infections. This effort involved 411 farms across the state with the USDA covering the costs, ensuring no burdens on the dairy farmers. "This sampling program is a first-of-its-kind system built by a team of Vermonters ...

Modified: 16.05.2025
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Is there Hope for Higher Milk Prices?

... of short-lived price rallies. Those hopes were dashed as milk futures fell back nearly eliminating the gains. The buyers of cheese and butter see no need to be aggressive with prices increasing as orders need to be filled. Once the immediate needs are ... ... disappearance of dairy products has been running about 0.5% below a year ago. A 0.5% decrease is huge and has a significant impact on prices. The same is true in reverse. If demand is 0.5% higher than the previous year, higher prices are usually experienced....

Modified: 20.03.2025
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Milcobel Sells Ice Cream Subsidiary YSCO to Focus on Core Dairy Business

... Kempner Capital Management LP, with Afendis Capital Management serving as an operating partner. YSCO, known for producing private-label ice cream, operates facilities in Belgium and France. The sale aligns with Milcobel ’s strategy to concentrate on its core dairy activities, including premium dairy ingredients such as mozzarella, grated cheese, milk powder, whey, butter, and cream. Additionally, the cooperative plans to strengthen its consumer product lines, including its flagship cheese brand Brugge Kaas, and enhance its private-label offerings and distribution capabilities. This transaction ...

Modified: 10.01.2025
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In January, the price of butter 82.5% and SOM in the Russian Federation increased by an average of 10 rubles - traders

... 190 rubles. As Alexander Polyak reported, butter reserves of 82.5% in Belarus still show a negative value, as in December, and cheese reserves have decreased by 2 thousand tons since December and amounted to 7 thousand tons at the end of January 2024. Cheese stocks in warehouses in Russia in January remain at the level of 40 thousand tons, which is 5 thousand tons less than in December last year. According to a survey on butter price forecasts of 82.5% in February 2024, conducted in the DairyTrader chat, 32% of market participants expect the price to rise to 680-700 rubles, explaining this by good demand and some supply shortage. 30% of respondents are confident that ...

Modified: 19.01.2024
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Menorca Boosts Dairy Sector Amidst Decline in Mallorca

... the region had 299 farms. Reports from the Conselleria de Agricultura highlight a decline in the cattle census by 11%, mainly on Mallorca, and emphasize the persistent cost issues. Each cow incurs extra costs of 1,133 euros annually due to insularity, ... ....64% of production is directly sold, with 53 farmers participating in this activity. The balance between milk production and cheese output remains a focus, especially as Menorca’s cheese industry, specifically DOP Mahón-Menorca, saw a growth of 8% ...

Modified: 19.03.2025
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Students Delight in Cheese Workshop Experience with Long Clawson Dairy

... hands-on educational cheese-making workshop. In a delightful and educational event organized by Long Clawson Dairy, pupils of Long Clawson Primary School were given a unique opportunity to delve into the art of cheese-making. The event took place on Monday, featuring the dairy's finance director, Luke Goddard, and senior brand marketing manager, Faye Maughan. The students were introduced to the intricate six-stage process involved in creating Stilton cheese. As part of the interactive workshop, they attempted the piercing and grading of a substantial 8kg block of Stilton, followed by a quiz to test their newly acquired cheese-making knowledge. Another highlight was the chance to savor a variety of ...

Modified: 24.01.2025
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‘It is time for reciprocity’, warns White House spokeswoman about tariffs to be announced by Trump

... U.S. goods, such as the European Union’s 50% tariffs on U.S. dairy products. Meanwhile, Japan reportedly imposes a 700% tariff on American rice, and India has a 100% tariff on agricultural products. Canada, she added, imposes almost a 300% tariff on American butter and cheese. Leavitt stated, "These countries have deceived our nation for a long time." Trump has dubbed April 2 as 'Liberation Day,' which he believes will allow the U.S. to break free from 'unfair' trade practices maintained by other countries ...

Modified: 02.04.2025
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CME: Milk Futures and Cash Dairy Prices Climb Higher

Milk futures on the Chicago Mercantile Exchange (CME) opened the week on a positive note, driven by a weaker dollar and favorable cash trade activity. Milk Futures: May Class III Milk: Increased ... ....06 and $0.19 Cash Dairy Products: Dry Whey: Remained steady at $0.3850, with five transactions ranging from $0.3850 to $0.39. Cheese Blocks: Unchanged at $1.98, with two sales occurring between $1.9625 and $1.98. Cheese Barrels: Rose by $0.06 to $1.9725,...

Modified: 15.05.2024
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US Milk Prices Surge, with Class III Reaching 18-Month High

... stands at $16.92, slightly down from $17.48 at this time last year, contrasting with the $22.95 average in 2022. Futures trading on Monday indicated a continued upward trend, with projected Class III prices for the coming months ranging from $19.80 in July ... ... showing a significant rise from $18.59 a year ago. Despite a slight decrease in overall milk production by 0.9% from last year, cheese and butter outputs have remained robust. Cheese production in May increased by 2.1% to 1.213 billion pounds, with a notable ...

Modified: 11.07.2024
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USDA Projects Steady Growth in U.S. Milk Production Over the Next Decade

... The mixed performance in dairy prices has moderated declines in Class III and Class IV milk prices. Milk production, which was expected to rebound this fall, has remained subdued alongside weaker-than-anticipated demand, particularly for butter and cheese. Buyers, focusing on contracted orders, have maintained sufficient inventories, limiting spot market activity. Production Trends Milk production has been more resilient than previously projected, despite concerns over tight heifer supplies and an aging cow population. ...

Modified: 13.12.2024
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In June, raw milk prices increased in the EU due to a reduction in milk yields

... decline. Probably, one of the factors for the increase in raw milk prices is the active demand from European cheese makers. Cheese consumption is growing in Southern European countries during the tourist season. However, due to relatively wet and cool ... ..., a sharp rise in procurement prices did not occur due to weak demand for European whole milk powder and skimmed milk powder on external markets during the summer holidays, as well as a decrease in demand for packaged butter in Europe. The asparagus season,...

Modified: 16.07.2024
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Study Finds Inactive Bird Flu Virus in 17% of US Dairy Products, But No Viable Threat Detected

... sampled from retail stores across the United States this summer contained inactive signs of the H5N1 bird flu virus. However, none of the 167 dairy samples tested, which included milk, ice cream, hard cheese, butter, cream cheese, and aged raw milk cheese, contained viable H5N1 bird flu virus, confirming that pasteurized dairy products remain safe for consumption. Overview of Findings This study marks the second FDA survey on the presence of the bird flu virus in dairy products, following an initial survey in April. The earlier survey found inactive viral particles in 20% of the dairy products tested. While the latest study showed a slightly lower prevalence at 17%, the ...

Modified: 14.08.2024
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Unraveling the Health Quandary of the High-Protein Dairy Boom

Danone's Latest Venture Raises Questions on the Healthiness of High-Protein Dairy Products. As Danone enters the high-protein dairy market in the UK with its GetPRO range, the spotlight intensifies on the health aspect of these products. The surge in demand for high-protein dairy, from cheese to yogurt, has consumers questioning the true health benefits behind the muscle-building and nutritional claims. Highlighted at the Anuga 2023 trade show in Cologne, Germany, the booming market showcased various high-protein dairy items. From low-fat ...

Modified: 09.02.2024
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Aldi Cheese Recalled Over Possible Listeria Contamination Risk

... soft-ripened cheeses sold at Aldi and other retailers due to potential contamination with Listeria monocytogenes, a bacteria posing serious health risks to young children, the elderly, and pregnant women. The recall, initiated last week, affects several cheese varieties, including Aldi ’s Emporium Selection Brie and La Bonne Vie Camembert, according to a company notice posted on the U.S. Food and Drug Administration (FDA) website. The potential contamination was identified during routine testing at Savencia’s Lena manufacturing facility, where processing equipment may have been exposed to listeria. While no illnesses or ...

Modified: 14.11.2024
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Dairy Market News Update by USDA - March 15, 2024

The U.S. Department of Agriculture has presented a weekly report on the state of the dairy market. CME Group Cash Markets: Butter: Grade AA closed at $2.8225, with a weekly average of $2.8290, indicating a slight increase. Cheese: Barrels closed at $1.4425 and 40# blocks at $1.4700. The weekly average for barrels is $1.4370, and blocks at $1.4495. Nonfat Dry Milk: Grade A closed at $1.1625, with a weekly average of $1.1650. Dry Whey: Extra grade dry whey closed at $0.4450,...

Modified: 18.03.2024
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Milk Prices Rally as Market Volatility Subsides at Week's End

The dairy market experienced a resurgence on Friday, marking a strong finish to a week characterized by heightened volatility. Spot cheese prices saw Cheddar blocks rebounding by 2 ½ cents to $1.53 per lb, followed closely by Barrels, which also gained 2 ½ cents to reach $1.57 1/4, representing a nearly 10-cent increase over the past week. Butter prices followed suit, bouncing back ...

Modified: 14.04.2024
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Arla Foods Ingredients Tackles Dairy Waste with Zero-Acid Whey Innovation

... soft in texture and mild in flavour A 10% protein version boasting a curd-like texture and fresh dairy taste A versatile cream cheese, equally suitable for spreading or cooking These prototypes highlight the water-binding and stabilising properties of the ... ... competitive edge and a path toward meeting ESG commitments. Arla’s approach also reflects a broader strategic vision. Building on its earlier “Upcycle your whey to value” platform, which focused on reusing acid whey by-products, the new concept pushes ...

Modified: 15.05.2025
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Pyrénées Sheep Milk Industry Adapts to Climate Change Challenges

... collaborative effort with partners from France and Spain, is actively strategizing to address the impacts of climate change on local farms. Sheep dairy farmers in Pyrénées-Atlantiques are witnessing firsthand the effects of climate change, with noticeable ... ... Moreover, rising temperatures, now occurring earlier in spring and persisting through fall, are directly affecting milk and cheese quality. This trend necessitates increased refrigeration during production, consequently driving up operational costs. ...

Modified: 02.04.2024
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Woolworths Mature Gouda Takes Top Honor at South African Dairy Awards 2024

... event as a showcase of innovation and quality, recognizing individuals like Clement October, head cheesemaker at Klein River Cheese, with the inaugural Hollard Game Changer Award for his outstanding contributions. Looking Ahead The success of Woolworths ... ... excellence and quality. Congratulations to all the winners, whose dedication continues to elevate South Africa's dairy expertise on the global stage.

Modified: 01.05.2024
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Costa Rica’s Dairy Sector: A Pillar of Economic, Social, and Environmental Stability

... 2024. This surge was driven by the Costa Rican colón’s appreciation against the dollar and a temporary drop in international cheese prices. Sustaining Food Security Amid Price Volatility The global dairy market's inherent price volatility underscores ... ... from non-dairy products, rising utility costs, and regulatory uncertainty. The industry's goals include reducing dependency on imported raw materials, implementing sustainable practices, and aligning with international environmental certifications. By ...

Modified: 10.01.2025
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Castello Introduces New Premium Whipped Dips In Three Flavors

... spreads and dips category has grown by as much as 25% in the past five years as home cooking and elevated snacking are on the rise, a key insight that led to the development of Castello Whipped Dips. "As spreads, dips and more specifically whipped cheese dishes gain popularity, especially on social media, Castello is at the forefront of this trend with the introduction of this imported, restaurant-quality whipped dip that doesn't compromise on quality or taste!" said Kevin Rider, Brand Manager at Arla Foods. "Compared to many ...

Modified: 27.06.2024
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Fonterra Boosts Operations with NZD 150 Million Investment in New Cool Store, Enhancing Cheese Storage Capacity

... Completion is expected to take three years and will create new local employment opportunities. Established in 1972, the Whareroa site currently employs over 11,000 staff and houses 11 plants producing a range of products, including mozzarella, dry salt cheese, butter, whole and skim milk powder, protein concentrates, and isolates. Fonterra ’s Chief Operating Officer, Anna Palairet , emphasized that the recent investments will have a “significant impact” on the co-op, stating that the new cool store will play a “crucial role in the resilience of the cooperative’s supply chain.” She noted, “When making investment decisions, we carefully consider where to allocate capital to maximize value for farmer ...

Modified: 24.09.2024
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Butter Prices in Russia Increased by 5 in November%

... also affected other categories of dairy products: Sour cream: +3.5%; Drinking cream, hard, semi-hard and soft cheeses: +3.4%; Drinking milk: +3.0%; Dairy products: +2.7%; Cottage cheese: +2.4%; Processed cheeses and yogurt: +2.1%; National cheeses and cheese: +1.8%; Condensed milk with sugar: +1.7%. Experts attribute the price increase to seasonal factors, an increase in producer costs, including an increase in the price of feed and energy, as well as an increase in demand for dairy products on the eve of winter. Y

Modified: 13.12.2024
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Emmanuel Besnier: 99% of Lactalis Products in France Made with French Milk

... Emmanuel Besnier. Commenting on the occupation and destruction of Lactalis's stand at the International Agricultural Salon in Paris, Lactalis's CEO said: "For ninety years, Lactalis has been a partner to the agricultural sector, with dairy and cheese factories located throughout France, and a significant economic impact on the territories. We are also a key player in France's external trade. For the past four years, we have been attending the agricultural fair to meet with the agricultural world and the wider public, to talk about our products, about our many professions....

Modified: 21.03.2024
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Food Union Automates Kārums Curd Snack Packaging with New Robotic System

... Latvia’s leading dairy and ice cream producer, has implemented a major automation project at Rīgas Piena Kombināts, focused on modernizing the packaging process for its Kārums curd snacks. This €2.2 million investment aims to enhance efficiency ... ... single robot, supported by an operator and automation technician, can efficiently handle this task, palletizing 900 boxes of cheese per hour and lifting up to 180 kg.” Čirjevskis also noted that this shift towards automation is creating roles that ...

Modified: 29.10.2024
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Sharpham Dairy Launches Crowdfunding Campaign for Sustainable Cheesemaking

... Dairy is seeking £65,000 to invest in renewable energy and water recycling. Artisan cheesemaker Sharpham Dairy has embarked on a crowdfunding campaign with the ambitious goal of becoming a more sustainable operation. The owners, Greg and Nicky Parsons,... .... The couple, who assumed leadership of the dairy in July 2019, inherited a storied history and a dedicated team at Sharpham Cheese. The pandemic posed unanticipated challenges shortly after they took the reins, leading to a significant drop in sales ...

Modified: 03.03.2025
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Mexico to leverage production of dairy products in 2024

... streamlined operations, reduced input expenses, and a surge in consumer demand. The strengthening of the Mexican peso further enhances profitability for producers, fostering a conducive environment for expansion. Cheese Production and Consumption Trends: The cheese segment is also on an upward trajectory, with production forecasted to rise by 2% in response to escalating domestic and export demand. Consumption patterns reflect sustained growth, particularly in the hotel, restaurant, and institutional sectors. As economic conditions ...

Modified: 26.03.2024
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China Targets EU Dairy Amid Struggles in Its Own Industry

... been building for years. Overcapacity, falling demand, and a slowing economy are exerting pressure on the sector, particularly on higher-priced dairy products. China’s dairy market is grappling with the most significant difficulties since the 2008 melamine ... ... crisis in over a decade. Despite years of growth, milk consumption remains relatively new in China, and dairy products like cheese are still considered luxuries by many. However, the industry’s expansion has come to a halt. Milk prices have been declining ...

Modified: 05.09.2024
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CME Milk Futures Experience Decline, Cash Dairy Markets Display Mixed Trends on Tuesday

Milk futures witnessed a downturn, while the cash dairy markets showed mixed results on Tuesday at the Chicago Mercantile Exchange. February Class III milk dipped by $0.09 to $16.26. March experienced a decline ... ... contracts. In the dry whey market, there was a decline of $0.0075, reaching $0.50, with one sale recorded at this price. Forty-pound cheese blocks experienced a decrease of $0.0350, settling at $1.6150, and one sale was recorded at $1.6525. Cheese barrels also ...

Modified: 08.02.2024
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Results of 2023 from the largest dairy companies and forecasts for 2024

... Sales of cheese products grew by +8% compared to the same period last year. Despite economic difficulties, Savencia's sales of cheese products increased by 8% compared to the same period last year. This growth was attributed to a strategic adjustment of ... ... driven by high sales volume figures in certain countries, especially in the recovering foodservice sector. The pricing impact on part of the portfolio helped neutralize the negative influence of declining prices for industrial products worldwide in 2023....

Modified: 26.02.2024
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Bega Group revenue reaches $1.8 billion in six months

Profit and revenue for the first half of the financial year were up for the Bega Group, which includes Bega Cheese. Profit and revenue for the first half of the financial year were up for the Bega Group, which includes Bega Cheese. The group has reported statutory earnings of $109 million, compared to $23 million for the same time last year. Revenue reached $1.8 billion for the six months, an increase of three per cent on the prior year. The results were impacted by the sale of the Leeton juice extraction plant to Grove Juice, with a commitment by the new owners to process fruit on behalf of the Bega Group. The group has repeated its goal of achieving earnings before ...

Modified: 14.03.2025
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Dairy Industry Voices Disappointment Over USDA's WIC Dairy Cuts

... Department of Agriculture (USDA) to update the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). The rule maintains proposed cuts to dairy in WIC food packages, drawing concern from industry leaders about potential impacts on nutrition access for vulnerable populations. Gregg Doud, President and CEO of NMPF, emphasized the importance of dairy in providing essential nutrients, particularly for women, infants, and children. He highlighted that milk, cheese, and yogurt, three of the top redeemed items through WIC, offer critical nutrients identified in dietary guidelines. Doud underscored the significance of increasing access to nutrient-dense and affordable foods, expressing disappointment in the ...

Modified: 16.04.2024
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Labneh: A Mediterranean Marvel Takes Center Stage in the U.S. Dairy Scene

..., rich in protein, and loaded with gut-friendly probiotics. Notably, labneh is a dairy delight with low lactose levels, catering to those with lactose intolerance. Labneh's versatility is a significant draw. It can be used interchangeably with cream cheese and sour cream, making it a healthier alternative for dips, including a lower-fat option compared to the popular Mediterranean choice, hummus. Yaza Foods, a company leading the charge, launched its labneh line on the U.S. East Coast in August 2023. With ambitious expansion plans, the brand aims to be in all major U.S. cities within six months and become the nationwide go-to labneh brand within five years. Yaza Foods takes pride in producing clean, traditional ...

Modified: 08.03.2024
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Fonterra’s Mainland IPO milks investor thirst for new ideas

The article discusses Fonterra's strategy to potentially list its Mainland Group on the stock exchange, appealing to investors with its regional cheese and butter production amid volatile markets. Fonterra , the renowned dairy giant, is considering an initial public offering (IPO) for its Mainland Group—a business renowned for transforming milk from Australian and New Zealand farms into consumer ...

Modified: 19.03.2025
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Economist Projects Potential Improvements in Dairy Returns for 2024

... have less to spend on dairy, interest rates are higher, there’s less COVID financial help, and the economy is slower." On the supply side, milk production has seen a decline over the past seven months compared to the previous year. "Dairy is ... ... particularly in states such as California, Colorado, and Texas, which had previously shown growth. Despite lower-than-expected cheese prices due to sluggish demand, recent improvements in cheese prices have provided some relief to milk prices. Global demand ...

Modified: 25.03.2024
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Consumer Price Trends in Ireland: Mixed Impact on Dairy Products

... services showed a 4.6% increase in December 2023 compared to December 2022. Anthony Dawson, a statistician in the CSO prices division, highlighted specific changes in prices, mentioning increases for a 2.5kg bag of potatoes (36 cents) and Irish cheddar cheese per kg (21 cents). On the other hand, there were decreases in the price of a pound of butter (9 cents) and two litres of full-fat milk (8 cents) compared with December 2022. The CSO Agricultural Input Price Index, published earlier, indicated significant output price decreases ...

Modified: 17.01.2024
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King Island Dairy Closure Leaves Young Locals Facing Uncertain Future

... and tourism, King Island—located off Tasmania’s northwest coast—now faces challenges that threaten its viability. Local cheese maker Rowan Cooke expressed dismay at the news of the dairy’s closure. “The King Island Dairy is the economic backbone ... ... Saputo , announced in September that it had failed to find a buyer for the dairy and would shut it down by 2025. Ripple Effects on the Community For young residents, the closure represents more than just the loss of jobs. It raises existential questions ...

Modified: 24.12.2024
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The FAO Food Price Index* down 1.8 points (1.5 percent) in December 2023

... weather conditions in parts of the main growing regions in Brazil. International rapeseed and sunflower seed oils prices declined on tame global import demand. For 2023 as a whole, the FAO Vegetable Oil Price Index stood at 126.3 points, down sharply (by 61.... ... one year ago. The December increase in the index was led by higher price quotations for butter, whole milk powder (WMP) and cheese. As for butter and cheese, international prices rose, principally underpinned by strong internal sales in Western Europe ...

Modified: 08.01.2024
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Processors Announce August Milk Price Increases Amid Strengthening Dairy Markets

Milk processors across Ireland have confirmed price increases for August supplies, reflecting a strengthening in global dairy commodity markets. These increases come as demand for products like butter and cheese improves, while global milk supply remains flat. Tirlán ’s Price Increase Tirlán has announced it will pay 46.33c/litre for August creamery milk supplies, based on standard constituents of 3.6% butterfat and 3.3% protein. This marks a 1.5c/litre increase from July’s payment. The August price includes a base milk price of 45.83c/litre and a sustainability action payment of 0.5c/litre for qualifying suppliers....

Modified: 20.09.2024
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USDA Dairy Market Report: Unrest is growing in the European agricultural sector

... milk production continued to increase in late 2023 following improved climatic conditions. Argentina's late 2023 milk production declined due to less favorable weather and other factors. Upcoming trade negotiations in South America are expected to take on a different tone due to recent administrative changes in Argentina and upcoming elections in key countries. National Retail Report: Conventional dairy ads increased by 12%, while organic dairy ads decreased by 14%. Cheese is the most advertised dairy commodity, and yogurt slightly edged above ice cream in conventional dairy ads. Total conventional milk ads decreased by 3%, and total organic milk ads decreased by 43% compared to the prior week. January Milk Cow Inventory ...

Modified: 09.02.2024
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