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Breaking News on Dairy Processing & Markets

Glanbia Ireland launches five-year loyalty scheme

Glanbia Ireland has announced a milk & feed loyalty scheme (Glanbia Loyalty Scheme), including a five-year fixed milk price element and a dairy feed component.

Dean Foods looks to cost savings after Q2 profit falls

Dean Foods Company has issued its second quarter 2017 results.

Global food prices near three-year high driven by record butter prices

Global food prices have risen for the third month in a row, hitting a 31-month high partly led by higher prices for butter and cheese, according to the FAO food...

USDEC CEO Vilsack stresses importance of NAFTA at congressional meeting

Preserving and updating certain elements of NAFTA is crucial to the future of the US dairy industry, USDEC president and CEO Tom Vilsack told a House Agricultural Committee. 

News in brief

Fonterra hikes farmgate milk price by 25 cents

New Zealand’s Fonterra Co-operative Group Limited has announced an increased forecast Farmgate Milk Price for the upcoming 2018 season, to NZ$6.75 (US$5.09) per kilogram of milksolids (kgMS).

MPP updates improve safety net program for US dairy farmers before Farm Bill expires

The Senate Appropriations Committee has passed legislation that makes significant updates to the Margin Protection Program for dairy farmers (MPP-Dairy).

EU agricultural outlook sees cereals dip but quota-free sugar surge

Cereal production in the EU is likely to dip in the short-term, as heatwaves and drought in various regions have a bearing on EU exports and on existing stocks, the...

India to become world’s largest producer of milk by 2026

Milk production is expected to accelerate worldwide especially in India where it will grow 49% by 2026, contrasting with the steady decline of milk consumption in developed markets like the...

Butter shortage? How to improve yield from the same amount of milk

Global inflation of butter prices continues to rise; in the EU and France as much as 90%-100% compared to the previous year.

New fat replacer can help potential butter shortage

As the desserts sector continues to grow, clean label company Ulrick & Short has added to its delyte range.

Hochwald looks to Strategy 2020 after tough year

German dairy cooperative Hochwald said it has laid the foundations for its "Hochwald 2020" strategy after a challenging 2016.

IFCN conference looks at milk price cycle

The 18th IFCN Dairy Conference took place from June 10-14 in Kiel, Germany, with participants looking at the most recent analysis of developments in 2016 and 2017.

US dairy groups urge prioritizing trade with Mexico when NAFTA renegotiation begins

When US negotiators begin the process of modernizing and updating NAFTA, US dairy groups have stated maintaining a dependable trade relationship with Mexico and removing trade barriers in Canada remain...

USDEC holds bullish outlook on EU milk production

The EU reported its first increase in milk production in nearly a year aided by the rising European milk prices and the USDEC expects the trend to continue. 

OMIRA considers Lactalis takeover

German dairy company OMIRA said it has successfully completed meetings over the past few months with the Lactalis Group with respect to a merger.

US dairy sector prioritizes market expansion as new US Trade Representative steps in

The US dairy industry aims to work with US Trade Representative Robert Lighthizer on a number of trade policy issues including the renegotiation of NAFTA, expanding market access channels in...

Land O’Lakes continues year-over-year growth in Q1 2017 and gears up for 2025 sustainability targets

Following a high earnings year in 2016, Land O’Lakes still posted solid gains of $110m in net earnings increasing to $3.7bn for Q1 2017. 

Trump holds off terminating NAFTA as dairy groups urge for update of trade deal

In a bipartisan congressional letter, a group of 68 members of the House of Representatives wrote to US President Donald Trump about the importance of modernizing instead of withdrawing from NAFTA.

ADPI/ABI Annual Conference 2017

‘Demand is a bit off’ for dairy, Blimling & Associates director says

Demand for cheese is up nearly 3% according to Nielsen data (ending 52 weeks Mar. 25, 2017), a slight drop from 2016 levels of 3.3% demand, but a minimal decrease...

Mexico looks beyond the US for dairy imports over NAFTA fears

Amidst the uncertainty surrounding the future of NAFTA with US President Donald Trump pledging to get rid of the trade partnership, Mexico has been looking to diversify its trading partners.

Cornell professor of agricultural economics: US took advantage of 'loophole’ in dairy trade with Canada

Multiple US dairy groups have blasted Canada recently saying that the country is blatantly violating terms of the NAFTA trade agreement and that US dairy processors are suffering due to...

DAIRY Act would extend H2-A program to benefit dairy farms in need of year-long immigrant labor

The Defending the Agricultural Industry’s Requirements Year-round Act of 2017 (DAIRY Act), a new immigration reform policy for dairy operations, was recently introduced to Congress aiming to ensure that US...

DS Smith, International Paper & Smurfit Kappa in fraud investigation

The Italian Competition Authority (AGCM) has launched an anti-trust investigation into alleged corrugated sheet and packaging fraud in Italy.

NATURAL PRODUCTS NEW ZEALAND SUMMIT 2017

NZ government backs natural products innovation as exports help offset dairy slump

The New Zealand government is committed to helping natural products and supplements firms meet their export potential by removing barriers to innovation, according to the country’s environment minister.

USDEC CEO to Mexico: ‘US dairy industry is fighting hard to ensure that NAFTA is here to stay’

Three leaders of US dairy organizations traveled to Mexico City to reaffirm their commitment to maintaining a positive trade relationship with Mexico’s dairy industry and consumers. 

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