On your radar > Commodity Pricing
Commodity Pricing
With milk and butter acting as the lifeblood for the dairy industry, we look at the politics and pricing affecting the supply chain.
All bids for SMP intervention stocks rejected again
09-Jul-2010 - EU farming lobby Copa-Cogeca has called on the Commission to exercise caution in managing EU dairy stocks, as the struggle to sell off intervention stocks continues.
Fonterra reports sharp dip in dairy prices
07-Jul-2010 - Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased.
New federal policy proposals could damage dairy industry, says IDFA
14-Jun-2010 - Newly agreed supply management policy in the dairy sector could hurt industry by encouraging consumption of lower priced non-dairy foods, the International Dairy Foods Association has said.
Glanbia revises earnings forecast as dairy prices rebound
11-May-2010 - Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.
Dean Foods antitrust case to proceed, despite ‘structural issues’
09-Apr-2010 - A federal judge in Milwaukee has denied Dean Foods’ motion to dismiss an antitrust lawsuit that was filed against it by the United States Department of Justice in January.
Legislative package for EU dairy sector planned for 2010
31-Mar-2010 - The new EU agriculture Commissioner has revealed plans for a legislative package to be presented by the end of the year to improve the functioning of the European dairy sector.
Fonterra sticks by improved milk price forecast in trading update
24-Mar-2010 - Fonterra has claimed that ingredients prices are recovering and market confidence is returning as a group of US senators accuse the New Zealand-based co-op of holding a virtual monopoly of key internationally traded dairy commodities.
Glanbia sale promises to be a 'win-win' deal
12-Mar-2010 - Analysts and industry commentators have described the mooted sale of the Irish business of Glanbia Plc to Glanbia Co-op as a ‘win-win’ deal for both parties.
Arla Foods reports higher profits in 'turbulent' year
04-Mar-2010 - In what Arla Foods called a “turbulent and challenging year”, the company has reported a 6.5 per cent decline in revenue for 2009.
Dairy prices shoot up from February trough
09-Dec-2009 - International dairy prices are up 82 per cent from the lows of February, sparking speculation about another big price spike, according to the Food and Agriculture Organisation (FAO).
Chocolate flavors help cushion cocoa price impact
24-Nov-2009 - Synergy has released a range of chocolate flavors intended to help manufacturers sidestep the impact of volatile cocoa prices.
Dairy liberalisation not delivering on objectives, says EU court
16-Oct-2009 - The European Court of Auditors has warned that dairy market liberalisation could be ill-suited to EU policy aims such as price stability and competitiveness.
US agriculture head on breaking dairy boom and bust
09-Oct-2009 - Restructuring may be needed to break cycles of boom and bust in the dairy industry, said the US agriculture secretary this week, soon after Congress approved a $350m emergency aid package.
Protests overshadow plans for dairy taskforce
07-Oct-2009 - Agriculture ministers heard plans for an expert group to study the future of the dairy sector at a meeting in Brussels on Monday - marked more by protests outside than events inside.
France and Germany to propose changes to dairy market rules
02-Sep-2009 - The French agriculture minister has revealed that France and Germany are preparing to propose changes to European dairy market rules, according to news reports.
Lower selling prices hit FrieslandCampina’s ingredients business
01-Sep-2009 - The newly merged dairy co-op Royal FrieslandCampina has reported a sharp decline in the profitability of its ingredients business, as selling prices plummet.
Dairy UK head gives verdict on Commission report
07-Aug-2009 - Despite the widening gap between producer and supermarket prices, the director general of Dairy UK said “there is no cream to be had” in the fiercely competitive dairy market.
Commission offers €20m for new round of dairy promotion projects
31-Jul-2009 - The Commission has today approved plans to launch a special round of promotion programmes with €20m in EU funding for the struggling dairy sector.
Commission raises alarm over dairy supply chain imbalances
24-Jul-2009 - The EU Commission has raised the alarm over the failure of dairy prices at the check-out to follow commodity prices downwards as competition authorities in the UK extend a dairy price-fixing probe.
Commission rejects quota reduction pleas in dairy crisis report
22-Jul-2009 - The European Commission has rejected any reduction in milk quotas despite protests from dairy farmers struggling to cope with falling prices.
Dairy farmers hit the streets calling for lower milk quota
15-Jul-2009 - Thousands of dairy farmers took to the streets of Strasbourg this week to call on the new President of the EU Parliament to take action against low prices and deregulation.
Fonterra to provide funding to struggling dairy farmers
10-Jul-2009 - New Zealand dairy cooperative Fonterra has announced that it will lend NZ$15m to its 50 percent-owned subsidiary RD1 in order to make more interest-free credit available to cash-strapped dairy farmers.
France to intensify supermarket milk price scrutiny - report
16-Jun-2009 - As protests continue around Europe from dairy farmers concerned about covering their costs in the current market, French producers appear to have succeeded in speeding up government scrutiny of supermarket pay practices, according to reports.
Organic milk efficiency spied after UK cooperative collapse
10-Jun-2009 - Dairy cooperative OMSCo has stepped in to market the organic supply of national rival Dairy Farmers of Britain (DFB) earlier then planned after the group went into receivership last week.
Dairy Farmers of Britain succumbs to price pressures
05-Jun-2009 - A UK cooperative representing 10 per cent of the country’s supply chain has fallen victim to wider uncertainty gripping the European market after going into receivership this week.
Spotlight
  Star roles for consumers and 'innovation' in new Arla research scriptDairy processing giant Arla has revealed to DairyReporter.com that it has overhauled its research strategy for 2012,... |
