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Breaking News on Dairy Processing & Markets

Fresenius tightlipped on joint bid for Danone medical nutrition business

Fresenius is staying tightlipped on reports it and Permira, a European private equity firm, have teamed up in an attempt to acquire Danone's medical nutrition business. 

EC pledges €28m for Baltic dairy farmers impacted by Russian embargo

The European Commission (EC) has pledged €28m (US$35m) in financial aid for Baltic milk producers “particularly adversely affected” by the Russian embargo.

Russian embargo: 21 states urge Commission to preserve agri reserve funds

Twenty-one member state agricultural ministers have urged the Commission not to cut agri budgets and called for extra emergency funds to help counter the Russian embargo on European food imports....

US COMMODITIES CORNER

Why are US butter prices 'dropping like a rock' after record highs?

After reaching an all time high in September 2014 US butter prices are now "dropping like a rock," says DairyReporter.com's US dairy commodities expert, John Geuss.

EC considering aid for embargo-hit dairy farmers in Finland, Baltics

The European Commission (EC) is considering financial aid for dairy farmers in Member States hit hard by the Russian embargo, such as Finland and the Baltic states.

FFA urged to 'stop and think' ahead of Müller Wiseman milk price protest

Müller Wiseman Dairies has urged Farmers for Action (FFA) to "stop and think" about the damage its planned milk price protests could have on the sector.

‘It was open, we used it’: Assolatte defends 'disproportionate' Italian cheese PSA use

The Italian Dairy Association (Assolatte) has defended the “disproportionate” use of European Commission (EC) private storage aid (PSA) by Italian cheesemakers that led to the scheme's closure. 

News in brief

Molkerei Ammerland completes first GlobalDairyTrade SWP auction

German dairy cooperative Molkerei Ammerland has completed its first sweet whey powder (SWP) auction on the Global Dairy Trade (GDT) platform.

Commission ups CAP budget by €30m to alleviate Russian ban on EU agri products

The European Commission says it will increase its €60m Common Agricultural Policy (CAP) budget by a further €30m to ease market difficulties expected as a result of Russian measures against some European...

Finns call for EC dairy compensation to offset Russian embargo impact

European Commission (EC) compensation will be required to shore up Finnish producers facing a double-digit fall in milk prices as a result of the Russian embargo, farmer representative MTK has...

US COMMODITIES CORNER

Will US dairy sector pursue 'proven' butter export market?

The US dairy sector will likely invest in additional churning capacity to meet demand from the now "proven" export market for butter, says DairyReporter.com commodities expert, John Geuss....

Dean Foods withdraws 2014 earnings guidance after 'rocky' Q2

US dairy giant Dean Foods has withdrawn its full-year earnings guidance after fluid milk price volatility in the second quarter left its results looking "rocky." 

Arla Foods’ EGM Walhorn merger expands dairy farmer partnership

Arla Foods’ status as a multinational farmer-owned dairy company has been reinforced by its EGM Walhorn merger taking on the Netherlands.

News in brief

First Milk drops prices again

First Milk has made further price cuts based on what it claims are falling commodity prices and continued decline in UK market returns.

Fonterra slashes FGMP forecast citing 'continuing volatilty'

Fonterra has reduced its farmgate milk price (FGMP) forecast for the 2014/15 to NZ$6.00 (US$5.11, €3.80) per kg of milk solids (kgMs), citing "continuing volatility."

US COMMODITIES CORNER

US dairies dealing with 'new and different' SMP pricing dynamic

US skim milk powder (SMP) prices are now determined by global movements, not domestic events - a change our commodities expert John Geuss describes as "a new and different dynamic." ...

Brits moving to non-dairy pastures: Mintel report

There is a growing trend towards dairy alternatives in the UK, with volume sales of cow-milk alternatives such as soya, rice and buffalo milk up 155% between 2011 and 2013,...

Danone hopes to regain 'competitive edge' through EU plant closures

Danone has announced plans to close factories in Italy, Germany and Hungary, in its latest effort to offset the impact of "flagging" European fresh dairy product sales.

US COMMODITIES CORNER

Why are US milk producer prices still so high? In a word - EXPORTS!

Record high US milk producer prices continued into March on the back of booming international demand for American skim milk power (SMP), non-fat dry milk (NDM), whole milk powder (WMP)...

Back on track: Strong Q2 balances out natural colours loss for Chr. Hansen

Ingredients giant Chr. Hansen has an unchanged outlook for full year, after a strong second quarter eased the woes created by the firm losing its biggest colours customer in Q4...

2014 SPECIAL EDITION: DRIVING UP QUALITY, DRIVING DOWN COST

‘Hey Presto! Better Queso Fresco, with High Pressure Processing

High Pressure Processing (HPP) is a promising technology to extend the shelf life of soft cheese Quesco Fresco and possibly prevent harmful recalls without altering its taste.

US COMMODITIES CORNER

US dairy producer milk prices hit record high! But why?

US dairy producer are receiving record high prices for their milk. But why? DairyReporter.com's US dairy commodities expert John Geuss examines the chain of events behind the increase.

UK retailer milk ‘price war about to kick off’: FFA

Tesco’s decision to cut the price of its four pint bottles of milk to just £1 could result in a retail “price war” in the UK, protest group Farmers for...

FastRipe cheese 'the same...just made faster': AFI

Arla Foods Ingredients (AFI) has developed a milk protein that allows cheese makers to speed-up maturation time - offering a potentially significant reduction in storage costs.

US COMMODITIES CORNER

Why are US milk producer prices nearing a record high?

The prices paid to US milk producers in January 2014 were at a near record high, and are expected increase further in February. DairyReporter.com's US dairy commodities expert and MilkPrice...

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