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Consumers seek out cheaper organics, says Soil Association report

The UK organic sector is cheered by a 1.7 per cent increase in the market in 2008 despite the gloom of recession, as a report from the Soil Association sees...

Fonterra optimistic over milk price rises

Fonterra says it has recorded a second consecutive monthly rise in the prices being paid to its member farmers for their milk, reflecting possible stabilisation in the supply chain.

Dairy Crest sticking with brands despite Yoplait sale

UK-based Dairy Crest says that it remains committed to branded dairy production despite its decision to offload its yoghurt operations that it ran as a joint venture Yoplait.

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DSM builds China presence

  DSM has linked with the North China Pharmaceutical Group Corporation in three separate projects that will see DSM take a minority 10 per cent share in the Chinese company.

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Second Sanlu auction date set

A second auction designed to dispose of the assets from the bankrupt Sanlu dairy joint venture is expected to go ahead on 7 April, according to press reports.

Irish profit protests mirror EU milk supplier woes

Irish farmer’s groups have added their voices to growing dissent among European milk suppliers, claiming that some producers in the country potentially face an entire year of financial loses unless...

Private label innovation looms over big brands

Innovation is increasingly being marked out as a way for private label firms to gain market share – and for big brand players to keep it.

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New FAO food price database launched

The UN’s Food and Agriculture Organization has launched a new online tool to track food prices in 55 developing countries, as part of its food price spike response.

Report stresses price importance for Danone sales strategy

Danone’s financial outlook implies tough times may be ahead for dairy producers, with the company facing stagnant organic sales value growth despite some resurgent demand, suggest analysts.

Arla’s eyes remain on Europe following Dutch deal

As Arla Foods drives ahead with plans to bolster its operations in whey and finished dairy products, the group says its latest acquisition highlights wider interest in the markets of...

Dairy woes dent Glanbia’s full year results

The Irish food firm Glanbia has reported an 18.5 per cent rise in profits for the year but its performance was hit by a struggling dairy sector and it predicts...

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Arla profits fall after 2008 disappointment

European cooperative Arla Foods said that the 2008 financial year ended was not satisfactory after it reported net profit was €46m below budget for the period as consumers look to...

Milk board unmoved by Euro retailer ‘concern’

European retailers are failing to support dairy production and processing, despite continued pledges from leading chains in the bloc about price commitments, claims one farmers’ lobby group.

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Dairy aids Dean Foods profit push

US-based Dean Foods has posted a 10 per cent increase in operating profit over the 2008 fiscal year, amounting to $608m on the back of what it claims has been...

China faces up to melamine legacy as dairy exports fall

The impact of last year’s melamine milk-contamination in China continues to be felt after dairy exports fell by 10.4 per cent on a year-on -year basis in 2008, creating growing...

Comment

No room for functional foods gloom

Last week’s withdrawal of a high-profile functional food in France is disappointing for the company concerned and maybe for the healthy/functional foods industry, but you may be led to think...

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Fonterra issues milk price warning

Fonterra warns that current prices on the global market are not sustainable for suppliers at their current level.

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Enzymotec secures new funding

Israeli phospholipids specialist, Enzymotec, has raised $11 million (€8.54m) from its three major shareholders as well as a new investor – Arancia International, a privately owned Mexican ingredients developer with...

Organic exec spies UK dairy resilience

The organic dairy market remains resilient in the economic downturn amidst ongoing diversification drives, but more most be done to improve profitability in supply, says the new vice-chairman of a...

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Glanbia cuts back on 50 jobs

Irish food firm Glanbia has announced that it is cutting 50 jobs from its Consumer Foods division, so as to reduce costs and cope better with the tough economic environment.

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SKI is up for Fonterra ahead of schedule

New Zealand-based cooperative Fonterra says it has acquired the license to manufacture and sell the SKI brand of its yoghurts on the Australian market, ahead of its original schedule.

Dairy players look beyond ‘short-term’ private label pressures

As European consumers reportedly flock to own brand products in a bid to offset fears over the global economic downturn, dairy processors are bracing to adapt their operations to meet...

Comment

The invincibles – recession proof food and healthy eating

There are fears that in the economic crisis consumers will put on “recession pounds” by eating unhealthily. Rightly or wrongly, food manufacturers may suffer the blame but “unhealthy” and “recession...

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Emmi targets US with cheese buy

Switzerland-based cheese maker Emmi hopes to push itself further into the US with the acquisition of Roth Käse, reflecting a wider international focus for its products.

Arla faces farmer wrath over new year price chop

A leading European dairy cooperative has announced it will return prices paid to its farmer members to rates similar to before surging values recorded in mid-2007, risking further wrath from...

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