The bosses of major food companies were pressed about increasing their profits as consumers struggled with food affordability. Dairy and agriculture industry reps were also questioned about the impact of inflation on farmers.
Dairy producers have been told to get ready to apply for the safety net program offered through the US Department of Agriculture as this year’s sign-up date is announced.
The UK’s post-Brexit import controls are finally being implemented from January 31, 2024. But while their introduction will level the playing field for EU exporters who had enjoyed a relatively frictionless process until now, the additional cost and regulatory...
With farmers facing pressures to adopt more sustainable farming practices - or move to a different farming system altogether - who should support producers during their transition? In the UK, the responsibility falls broadly on the shoulders of all agri-food...
While Irish butter exports to the US continued to grow and demand from the Middle East increased, the Irish Food Board recorded a decline in dairy exports across all key regions in 2023.
The latest Purdue University/CME Group Ag Economy Barometer reading indicates that farmers have more moderate inflation expectations compared to a year ago, but many are still worried about input costs.
Dairy farmers supplying Dutch dairy co-operative FrieslandCampina won’t receive supplementary cash payments for 2023 due to ‘disappointing’ financial results, the business reported.
The competition watchdog will examine what influences consumer choice and what barriers exist for manufacturers to enter the ‘high concentrated’ market.
US dairies breathed a sigh of relief after an extension to the 2018 Farm Bill was approved last week, but industry insiders are hoping Congress won’t need a full year to pass the new legislation.
Not too long ago, food manufacturers had to contend with challenging supply conditions for locust bean gum (LBG), a key food ingredient, particularly in ice cream manufacture. Today, LBG availability has finally recovered and pricing - normalized, claims...
US farmer sentiment increased slightly in October 2023 due to producers’ improved perspective on the current conditions on their farms and their expectations for the future – but investment sentiment dipped.
Dairy volumes and pricing across Dairy Ireland slid more than 6% in the year to date (YTD) on the back of challenging market dynamics and changes in dairy market prices.
Kite Consulting has warned that retailers could face a future of ‘average products from average factories’ if Britain’s best suppliers choose to focus on exports or exit the category altogether as a result of a perfect storm of weak demand, high cheesemake...
The Irish Creamery Milk Suppliers Association (ICMSA) has warned that this year’s milk price cuts would have ‘a very serious impact’ on the wider rural economy in 2023 and into next year.
An extra 1p per liter will now be given on top of the price of milk farmers receive from the retailer, and there will be an opportunity to earn additional income through sustainability bonuses.
With recovering cheese prices, US farmers could soon see improved margins after 8 months of declines. In Europe, possible input cost volatility makes the market hard to predict.
Ice cream makers could innovate with emulsifier-stabilizer blends if they wish to avoid paying a premium for single-ingredient options such as LBG, claims Palsgaard’s Claus Prior Hansen.
The Royal Association Of British Dairy Farmers (RABDF) hosted a roundtable at the House of Lords to discuss the growing labour crisis in the dairy industry and outline ways to overcome it.
The dairy co-operative said the price per volume for its new 200g blocks has remained the same, but retailers have the final word when it comes to on-shelf pricing.
Despite a challenging economic period, the UK’s largest independent cheese producer has experienced strong export demand. We ask MD Rich Clothier about the brand’s net-zero cheddar and capitalizing on the ‘Brit factor’.
More than a year on from Russia’s invasion of Ukraine, dairy commodity prices have started to recover from the highs experienced in 2022. But as the market adjusts, processors find themselves under increasing pressure to reduce farmgate milk prices.
The two Irish co-ops announced fresh cuts to their farmgate milk prices this week, triggering criticism from the Irish Farmers' Association that price reductions have been ‘immediate and stark’.
The food and beverage giant’s net profits decreased by 45.2%, but operational improvements and demand have boosted infant nutrition sales while dairy reported mid single-digit growth.
The co-op is hopeful however that the supply-demand balance in dairy will be restored this year and expects branded volumes to start growing again from 2024.
From product prototyping to thousands in cash, the new Northeastern Dairy Product Innovation Competition aims to support food innovators looking to launch products that utilize dairy ingredients produced in the US northeast.
The Food Safety and Standards Authority of India (FSSAI) has told food bosses to check if they sell ‘vegan ghee’ or ‘vegan butter’ products, calling branding that contains dairy terminology ‘misleading’.
As feed prices continue to rise, 28 House and Senate representatives have urged the government to introduce relief measures for struggling organic dairies, or risk the industry’s future. We speak to NODPA executive director Ed Maltby to find out more.
Small and mid-sized farmers will have additional time to enrol into the voluntary program, which offers financial support when market volatility seriously impacts milk prices.
N2 Unit turns livestock slurry into nitrogen-rich fertilizer, right on farm. Soon, the system will be produced by GEA and made available to more dairy farmers globally.
The €450m CAP agriculture reserve could be made available to farmers and fertilizer producers affected by high input costs ‘to prevent market disturbances’ and strengthen food security.
A perfect storm of lower production and higher exports and demand has fuelled consumer fears that butter would be of short supply right before the winter holidays. Fear not, says IDFA.
The European Milk Board (EMB) said ‘the foundations of production must be supported’ and urges ‘massive overhaul’ to ensure the sector’s long-term viability.
The organizations call for agri-food production businesses to be exempted from the mandatory energy reduction rules in order to avert ‘serious market and supply chain disruption’.