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Breaking News on Dairy Processing & Markets

Sectors > Butters & Spreads

Record earnings for Land O'Lakes - but commodity woes take $2bn sales toll

Crop inputs and dairy goods supplier Land O’Lakes has reported record earnings in 2015 – although total sales were down almost $2bn on the previous year.

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Prosperity adds new baking buttery products, planning to double its organic business

Prosperity Organic Foods (Prosperity) has launched new buttery sticks and a probiotic buttery spread to its Melt line, according to the company’s president and CEO, Meg Carlson.

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Russia looks to UAE and Indian markets for dairy products at Gulfood

Indian and Russian representatives attending the Gulfood event in Dubai have discussed the export of Indian dairy products to Russia.

LALA looks to strong Central American growth in 2016

Mexican food company Grupo LALA has released its fourth quarter results for 2015, as well as its FY 2015 results for the year, announcing a 43% increase in net income.

Cheese and Dairy Products Show coming up

The biennial Cheese and Dairy Products Show will be held at the Paris Expo, Porte de Versailles in Paris, France, from February 28 to March 2.

US yogurt sales help push strong Danone results

Danone issued its fourth quarter and annual results for the year ending December 31, 2015 today, showing growth in most areas of its business worldwide.

CWT to help with 3.9m pounds of cheese and butter export sales

Cooperatives Working Together (CWT) has accepted 11 requests for export assistance from US member cooperatives.

Positives despite 'expected' Arla 2015 revenue decline

Arla has delivered its 2015 results, noting a 3.3% decline in revenue, and announcing cost-cutting measures up to 2020, starting with $111.5m (€100m) in 2016.

Big brand, big trust: Land O’ Lakes, Coca-Cola and Kellogg’s have consumers’ trust

Name recognition won the day in the 2016 BrandSpark Most Trusted Awards, as brands such as Kraft, Kellogg’s, and Folgers won big in their representative categories.

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Britannia announces Q3 profits

India’s Britannia Industries Ltd, a dairy and bakery supplier, has reported consolidated third quarter revenue growth of 10%, and 12% for the year up to December 31, 2015, at $325.4m...

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Savencia sales dip 3.6%

In 2015, French producer Savencia Fromage & Dairy achieved total net sales of $4,971m (€4,442m), down 3.6% over 2014.

Weak Canadian dollar helps Saputo earnings

Canadian dairy company Saputo Inc. reported its financial results for the third quarter of fiscal 2016, which ended on December 31, 2015.

Emmi goes Dutch for goat’s milk

Emmi, Switzerland’s largest milk processor, is acquiring a 60% stake in Dutch goat milk business Bettinehoeve.

Coca-Cola moves for Nigeria’s Chi

The Coca-Cola Company is buying a 40% stake in Nigeria’s leading dairy and juice company, Chi.

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Private storage aid for butter and skimmed milk powder extended

The private storage aid for butter and skimmed milk powder has again been extended until September 30, 2016, following the approval by Member States of a proposal made by the European Commission.

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LALA buys Nicaraguan operation La Perfecta

Mexican company LALA has signed an agreement to acquire 100% of Productos Lácteos La Perfecta S.A. shares.

Lactalis set to take over biggest Romanian dairy Albalact

Lactalis has agreed to purchase all of the shares of the largest Romanian dairy company, Albalact.

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New Munson ribbon blender meets USDA standards

A new Munson Ribbon Blender is now on the market that meets US Department of Agriculture (USDA) dairy standards, and blends up to 1.84 m3 of powders, pastes or slurries....

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Valio launches new quark spread

Finnish dairy company Valio has introduced a new quark spread to the market with Valio Better.

More research at new UCD facility

The new Dairy Research and Education facility at University College Dublin’s (UCD) Lyons Research Farm in Ireland has been officially opened by the Irish Minister for Agriculture, Food and the...

REPORTS FROM IDFA FORUM 2016

Emerging markets essential to global growth in dairy

Dairy companies that want to capitalize on a growing global market will need to tap into emerging markets across the world, according to a presentation from McKinsey & Company at the...

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New non-dairy Flora spread introduced

Flora, Unilever UK’s spreads brand, has announced a $17.8m (£12.5m) brand repositioning campaign, ‘Powered by Plants,’ and a new dairy-free variant, ‘Flora Freedom.’

Emmi takes over Gläserne Molkerei

Swiss dairy company Emmi has purchased Gläserne Molkerei, a leading organic milk processor in Northeast Germany.

Arla takeover of Westbury Dairies welcomed

Arla’s move to acquire full ownership of Westbury Dairies – formerly operated with First Milk as a joint venture – has been welcomed by milk suppliers.

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ADL and Gay Lea Foods launch new co-op

Amalgamated Dairies Limited (ADL) and Gay Lea Foods Co-operative Limited (Gay Lea Foods) have announced the launch of the Co-operative Dairy Alliance (CDA) to strengthen co-operation between two of Canada's...

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