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Breaking News on Dairy Processing & Markets

China and Russia likely to put 'considerable pressure' on H2 dairy sales: FrieslandCampina

Lagging Chinese demand and the impact of the Russian embargo are likely to put "considerable pressure" on FrieslandCampina's sales in the second half of 2015.

Tesco yogurt pledge marks latest victory for protesting farmers

Tesco has pledged to use British milk in its own-label yogurts, as struggling dairy farmers held another protest over low milk prices last night.

Global Dairy Trade commodity prices increase after five-month freefall

Prices on the Fonterra-owned Global Dairy Trade (GDT) auction platform rose today for the first time since March.

Fonterra 2014/15 milk price calculation gets NZ Commerce Commission approval

Fonterra's farm gate milk price (FGMP) calculation for the 2014/15 season has been given the New Zealand Commerce Commission's stamp of approval.

British retailer Asda to increase price it pays per litre of milk

British retailer Asda has committed to paying 28 pence per litre of milk to its supplier, Arla Foods, to aid struggling dairy farmers. 

Fonterra placed on S&P credit watch following milk price forecast cut

Fonterra has been placed on negative credit watch by ratings agency Standard and Poor's on the same day it announced plans to reduce its Global Dairy Trade (GDT) offering.

Milk for Farmers offers consumers 'choice to support dairy farmers directly': Morrisons

British retailer Morrisons is to launch a new premium milk brand that will offer consumers the option to pay more per litre to support dairy farmers. 

Milk crisis nationalism is anti-EU, Dutch tell Commission

Calls from the French National Federation of Dairy Cooperatives (FNCL) to stop imports of foreign dairy products are contrary to EU single market principles, Dutch groups have complained to the...

Canadian dairy Saputo has confidence despite TPP uncertainty

No matter what happens with the Trans-Pacific Partnership (TPP) trade negotiations, Saputo officials say the Canadian dairy is ready.

Fonterra dismisses calls to suspend GDT after tenth consecutive price fall

Fonterra has dismissed calls for the Global Dairy Trade (GDT) online auction platform to be suspended after a tenth consecutive fall in prices.

USDA hearing to consider establishment of FMMO in California

The US Department of Agriculture (USDA) is to move ahead with a public hearing to consider the establishment of a Federal Milk Marketing Order (FMMO) for California.

Fonterra slashes workforce by more than 500 'to remain strongly competitive'

Fonterra, the world's largest dairy exporter, is reducing its workforce by more than 500 in the face of falling milk prices.

Euronext extends dairy futures fee holiday in a bid to 'trigger' interest

Euronext has extended a trading fee waiver on its dairy commodity futures by an extra three months in a bid to "trigger" interest. 

Dairy commodity futures offer post-quota Europe a milk price 'safety net': Euronext

Dairy derivative futures can provide the European dairy sector a post-quota price "safety net," says Euronext.

Tetra Pak 2014 financial results

Tetra Pak challenges: Losing market share on ambient white milk to NSS & increased competition from the plastics industry

Tetra Pak has released its financial results for 2014 with €10.9bn net sales, up 1.7% from 2013, with strong growth in Capital Equipment and Technical Sales.

Dispatches from Anuga FoodtEC 2015

Bartec Benke sees roaring trade with Tiger milk measuring system

Bartec Benke claims to have seen a roaring trade with its Tiger milk measuring system, as Bartec closes its largest acquisition to date with Top Group.

British taxman vows to treat struggling dairy farmers 'sympathetically'

HM Revenue and Customs (HMRC), responsible for the collection of UK tax, has vowed to treat struggling British dairy farmers “sympathetically.”

Arla Foods opts not to issue 2015 forecast after 'volatile' 2014

Following an "extremely volatile" 2014, Arla Foods has opted not to make a revenue or price performance forecast for the year ahead.

US COMMODITIES CORNER

Is 'anticipation of reduced demand' for cheese behind Class III milk price fall?

"Anticipation of reduced demand" for cheese appears to be behind the fall in the price of Class III milk, says DairyReporter.com's US commodities expert, John Geuss.

MULLER WISEMAN INSISTS IT USES BRANDS AND FLAGS AS 'HALLMARKS OF QUALITY'

Where's that missing Red Tractor? FFA slams Muller Wiseman for lack of milk quality logo

UK lobby Farmers for Action has hit out at UK milk processors including Muller Wiseman for not including a Red Tractor logo on milk containers to signal British quality –...

USDA urged to implement FMMO in California to amend 'disparity in pricing'

The US Department of Agriculture (USDA) has been urged to implement a Federal Milk Marketing Order (FMMO) in California to reduce the "disparity" between Class III and Californian Class 4b...

British dairy farmers 'need greater price protection': MPs

MPs have called on the British government to provide dairy farmers more protection against falling milk prices. 

First Milk 'very safe' financially despite milk payment deferral

British dairy cooperative First Milk insists its business is "very safe" despite cash flow problems that forced it last week to defer milk payments to its farmer members. ...

US COMMODITIES CORNER

How does the US milk producer payment system work?

To kick off 2015, DairyReporter.com's US commodities expert, John Geuss, explains how American milk component prices are devised.

Milk quota abolition will leave GDT auction more 'attractive' to dairies

 GlobalDairyTrade (GDT) will become more "attractive" to dairies as a result of the European Union (EU) milk quota abolition in 2015 , the auction platform believes.

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