Class III milk prices hit their highest point of the year so far in May 2013 on the back of "escalating" cheese prices. US dairy commodities expert and MilkPrice blogger, John Geuss, has warned, however, that milk prices will drop if high cheese, butter and whey inventories are not reduced....
Fonterra has announced plans for a NZ$30m ($24m) expansion of the dry distribution centre at its Whareroa processing site in Taranaki, New Zealand – an investment it hopes will improve the deliverability of its products to ports for export.
Swiss-Israeli flavours and ingredients house Frutarom wants a greater slice of the global functional foods and drinks market with new investment and initiatives to tap markets like the Americas and Asia and the “sensitive” European market.
US and native microbrewers could profit if Mexico’s antitrust regulator rules that controversial exclusivity deals, which benefit local giants Grupo Modelo and Cuauhtemoc Moctezuma, owned by AB InBev and Heineken respectively, are illegal.
A nanosensor that can detect airborne toxins in the food supply chain is to be further refined in a bid for commercial launch.
Alginate as a coating polymer can prevent dyes from leaching out of certain oxygen-indicating packaging films when they come into contact with water, according to research.
Nestlé has followed in the footsteps of Mondelez by coming up with its own non-melting chocolate, which could prove a game changer in emerging markets with hot climates.
The International Dairy Foods Association’s International Dairy Show 2013
Chicago / Conference and exhibition