Breaking News on Dairy Processing & Markets
On Your Radar > Commodity pricing
Commodity pricing
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With milk and butter acting as the lifeblood for the dairy industry, we look at the politics and pricing affecting the supply chain. |
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.
Retailers still under pressure over milk price-role
03-Jun-2009 - British retailers are facing calls to increase support for the country’s dairy farming sector amidst wider European concerns about the role of stores in maintaining a profitable milk supply.
EU milk farmers maintain quota cut-calls
29-May-2009 - Turmoil has continued to rock the EU dairy sector this week as the European Commission pledged balancing its support for milk producers with ensuring wider commitments to market deregulation.
Fonterra launches Obama dairy deal criticism
27-May-2009 - New US initiatives to support milk export producers in the country against rival subsidised production has come under fierce attack from rivals in New Zealand, which accuse the country of acting in ‘un-American’ manner.
Manure and messaging strategies emerge amidst milk protests
20-May-2009 - The agricultural minister of Belgium has expressed similar price concerns shown by some French farmers this week in calling for further reassessment by the European Commission of the use of support measures available to milk producers.
Arla targets supply chain balance in cost cut plans
22-Apr-2009 - As European farmers’ associations call for better cooperation between processors and milk suppliers over pricing, a leading cooperative groups says it is already having to tighten its budget across the supply chain.
Dairy farmers renew processor profit assistance calls
17-Apr-2009 - German and Irish dairy farmers have renewed their protests this week over concerns about payments for their produce, calling on processors across the bloc to help find a solution to improve profitability.
Italian Supreme Court issues final ruling on milk quota fraud
15-Apr-2009 - The Italian Supreme Court has issued a final ruling that a scheme to avoid paying extra levies under CAP milk quota rules amounts to fraud against EU financial interests.
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