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Arla in milk price crisis talks with Swedish farmers

Danish dairy co-operative Arla Foods has been involved in crisis talks with Swedish farmers following a number of milk price cuts in the country.

Arla Foods to close US plant in efficiency drive

Arla Foods has announced plans to close one of its two US dairy plants, as part of a drive to streamline its US business and refocus on speciality cheese.

‘The worst is behind us’: Milk prices in recovery - European Dairy Association

Recent months have seen images of protesting farmers, tractors blockading dairy plants and retailer boycotts – all as a result of UK processor plans to reduce the price they pay...

Fonterra reports record export figures

Fonterra, the world’s biggest exporter of dairy products, achieved a record export in the final three months of the 2011/12 season.

News in brief

Dairy Crest board approves St Hubert disposal

The Dairy Crest board has rubber stamped the proposed disposal of its spreads business, St Hubert - with the sale now on course to be completed by the end of...

China Modern Dairy denies Mengniu takeover talks

China Modern Dairy Holdings - China’s largest milk producer - has denied any knowledge of talks designed to discuss its takeover by Mengniu.

US ingredients sales drive Kerry Group H1 growth

Ireland-based food ingredients manufacturer Kerry Group has reported sales revenue of €2.9bn for the six months to the end of June 2012 – a 10% increase on the prior-year period.

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Fonterra gets tanked up: Firm invests $45m in new tankers

Fonterra is spending $45m to upgrade and expand its milk tanker fleet in New Zealand, the cooperative has revealed.

A$200m manufacturing investment will help us meet export demand – Murray Goulburn

Australian dairy co-operative Murray Goulburn plans to invest approximately A$200m ($211m, €172m) over the next three years on expanding and updating its manufacturing capabilities.

Dean Foods reports ‘solid growth’ across segments in Q2

US dairy giant Dean Foods has reported a second quarter operating income increase of 37%, citing “solid growth” across all operating segments.

Weak Asian demand hits Q2 JBT FoodTech results, but CEO bullish on regional prospects

Weaker Asian order activity in the quarter has not dented the long-term view of prospects in the region, according to JBT Corporation’s CEO.

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Fonterra board member tends resignation

Fonterra board member Colin Armer has tended his resignation – the second announcement of its kind from the New Zealand-based dairy exporter in as many weeks.

Emerging market sales drive Parmalat H1 profit increase

Italian dairy giant Parmalat has reported a 7.8% increase in net profit for the first half of 2012, with improved emerging market sales and profit boosts from its core markets...

Saputo blames falling US cheese price for Q1 profits drop

Canadian dairy giant Saputo has reported a profit decrease of more than CAD$6m for Q1 fiscal year (FY) 2013, attributing the result to a fall in the average price of...

Dairy Crest praised for ‘Churchillian’ milk price cut delay

Dairy Crest has been praised for its “Churchillian” decision to defer its planned raw milk price reduction while it continues talks with protesting farmers.

Arla and Dairy Crest call off planned milk price reductions

UK milk processors Arla and Dairy Crest have called off planned reductions in the price they pay to dairy farmers for milk after a week of pressure from protestors.

Danone records sales growth despite European demand deterioration

Danone has warned of continued “rapid deteriation” in consumer demand in Southern Europe, despite reporting global sales growth of 5.9% for H1 2012.

Glanbia builds US beverage expertise to ride whey protein wave

Glanbia has acquired US beverage manufacturer and co-packer Aseptic Solutions (ASI) for $60m, and told the move would strengthen its hand in the growing whey protein segment.

Fonterra welcomes NZ Dairy Industry Restructuring Act amendment

New Zealand's parliament has voted in favour of an amendment to the Dairy Industry Restructuring Act (DIRA) – effectively giving Fonterra’s Trading Among Farmers (TAF) scheme the go-ahead

Arla and Robert Wiseman plants targeted by milk farmer price protests

Hundreds of British milk farmers picketed outside Arla and Robert Wiseman Dairy plants last night, protesting over plans to cut the price paid to suppliers for raw milk.

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Land O’Lakes gets green light for dairy desserts acquisition

The US Federal Trade Commission has cleared Land O’Lakes' acquisition of chilled dairy desserts manufacturer Kozy Shack.

Fonterra slides to fourth in world dairy rankings as Lactalis closes in on Danone

Fonterra has slid to fourth in the world dairy rankings, after being pipped to third place by French dairy group Lactalis, Rabobank has reported.

Dairy Crest in line to meet full year expectations after strong start - analysts

Dairy Crest is in line to meet is full year expectations, after increased sales and a fall in price paid for fuel and plastic helped drive the firm’s return to...

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Coca-Cola owned juice firm given Mexican dairy acquisition approval

Mexican competition authorities have given the go ahead for Coca-Cola-owned juice maker, Jugos del Valle, to acquire Mexican dairy firm, Santa Clara.

Land O’Lakes enters Kozy Shack chilled dairy desserts acquisition agreement

US dairy giant Land O’Lakes has entered into an agreement to acquire US-based chilled dairy desserts manufacturer Kozy Shack Enterprises.

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