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News in brief

TINE to partner with Dairygold to produce Jarlsberg in Ireland

Norwegian dairy company TINE is partnering with Dairygold to create a plant in Ireland to expand production of its Jarlsberg cheese.

Multinational firms sell poorer quality (but more expensive) food to Eastern Europeans

Multinational food firms are manufacturing poorer quality, unhealthier (but sometimes more expensive) versions of their trademarked brands for the Eastern Europe market, says the Czech Republic, which wants to see EU legislation to...

Fonterra forecasts higher milk price

New Zealand dairy cooperative Fonterra has announced an opening forecast Farmgate Milk Price of NZ$4.25 ($2.86) per kgMS for the 2016/17 season, an increase of NZ$0.35 ($0.24) on the forecast...

EBRD loan for Kazakh dairy FoodMaster

The European Bank for Reconstruction and Development (EBRD) has approved the funding of a long-term loan of up to €15m ($16.8m) to FoodMaster, Kazakhstan’s biggest dairy.

News in brief

Gay Lea taking over Black River Cheese Company

Canadian cooperative Gay Lea Foods is acquiring Black River Cheese Company.

Dannon grows as it fulfills promise to improve its products’ nutrition, fund healthy eating research

As The Dannon Company nears the finish line for fulfilling its promise to improve the nutrition of its products that it made three years ago to the Partnership for a...

Ethical labels are worth €709 billion globally - so which one is best for your product?

Fairtrade in France but organic in Austria? Euromonitor analysed 26,000 products across the world to help manufacturers understand which ethical labels work best for their products, depending on the country, category...

Dairy Crest releases year-end financials

Dairy Crest revealed in its FY2016 results that revenue dropped by 6%, adjusted profit before tax dropped 2%, but profit before tax rose 23%.

Kite Hill closes $18m funding round led by Gen Mills 301 Inc & CAVU: 'We are growing very aggressively'

Kite Hill - a San Francisco-based brand on a mission to disrupt the dairy case with its cultured nut milk products – has closed an $18m fundraising round led by...

Emmi increases stake in Chile’s Surlat

Swiss dairy company Emmi, through its subsidiary, Kaiku Corporación Alimentaria, is increasing its stake in Chile’s Group Surlat S.A.

Milkiland sees profits tumble in Q1

International dairy producer Milkiland said the lack of cheese exports from Ukraine and Poland to Russia, unfavorable global pricing for dry milk products, and currency devaluation, resulted in an almost...

Emmi buys US cheese company

Swiss dairy company Emmi has entered into a merger with the US cheese company Cowgirl Creamery Corporation and the associated Tomales Bay Foods, based in Petaluma, California.

Kefir can compete with Greek yogurt says Lifeway CEO as sales rise

US supplier of kefir cultured dairy products Lifeway Foods is expanding with probiotics supplements, and hopes to take over from the Greek yogurt sector, investors heard at the first quarter...

Arla incentivizing GM-free feed

Dairy cooperative Arla is incentivizing more farmers to convert to GM-free feed, as the company says the market is increasingly willing to pay a price premium.

News from the Healthy & Natural Show

Trendspotting at The Healthy & Natural Show: Could macadamia milk knockout almond milk?

Milkadamia, a macadamia milk manufacturer, says it sources its nuts from "free-range trees" in Australia and is a healthier, more sustainable option to almond milk. 

Fonterra looks to growth through Anchor Food Professionals foodservice

Fonterra has launched its new global foodservice brand, Anchor Food Professionals. 

Yakult sees net sales growth

Japanese dairy products company Yakult has released its financial results for the year ending March 31, 2016, and they show an increase in net sales of 5.9%.

Friendly’s acquisition dominates Dean Foods Q1 results announcement

Dean Foods has reported its first quarter 2016 results, ending March 31, 2016, with the takeover of Friendly’s ice cream business proving to be the center of attention at the...

News in brief

South Caernarfon Creameries opens new cheese production unit

Welsh dairy cooperative South Caernarfon Creameries has opened its new cheese production plant.

Fonterra seeing rise in demand for organic milk

Fonterra says increased demand in the marketplace for organic milk means prices are higher for farmers supplying it to the New Zealand cooperative.

China’s Fuyuan taking over Burra Foods

Australian dairy ingredient processor Burra Foods has announced a change in shareholding in the company as part of its plans to improve market access and raise capital to expand its...

April new product round-up

A look at some of the new products on the shelves in April

This month, there are new products featured from cottage cheese to protein drinks, ice cream to yogurt and milk to smoothies. If you have a new product that you'd like...

Chobani CEO gives 10% ownership stake to 2,000 employees

Chobani Founder and CEO Hamdi Ulukaya rewarded 2,000 Chobani employees with 10% of the company’s shares, he announced in person at one of Chobani’s factories in New Berlin, New York.

Murray Goulburn slashes milk prices under revised trading outlook

Australia’s largest dairy cooperative Murray Goulburn (MG) has reviewed the expected performance of the business for the balance of FY16 and is dropping its farmgate milk price (FMP) by slightly...

Nestlé and R&R ice cream company create $2.8bn JV Froneri

Nestlé and UK-based ice cream firm R&R have established the joint venture Froneri.

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