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Breaking News on Dairy Processing & Markets

Dairy price wars kicking-off in UK and France

Price cuts by British supermarkets and French cheese makers may be driving dairy industries in their respective countries towards a milk war.

Retailer responds to organic slowdown with price slash

UK supermarket Tesco has announced that it is drastically reducing the price of organic produce by up to 25 per cent, in response to feedback from consumers who are feeling...

High agri prices needed for food sustainability, says farmers' groups

UK and Italian farmers Unions are joining forces to push their claims that higher prices for agricultural products are at the root of alleviating current concerns over supply sustainability and...

Processors must pay price for organic demand

The organic milk market continues to show huge potential for growth, though the industry must be ready to pay more to protect the product at its source, says a leading...

Arla ready to pay price over organic milk needs

Cooperative Arla Foods says it is looking to increase the supply of milk from its member farmers to tackle growing concern over organic supply, particularly in its Swedish and Danish...

US group denies wrongdoing amidst milk price uncertainty

A leading US dairy cooperative has denied any wrongdoing over allegations that it may be involved in price fixing for some of its products, as yet another country finds its...

Enzymotec launches cut-price krill oil

Israeli phospholipids specialist Enzymotec has debuted a modified krill oil it will sell at a "significantly lower price" to its existing high-grade version.

Weekly comment

No quick fix to the food price crisis

The food crisis is neither new nor sudden. The several underlying causes have been independently, steadily gathering speed and have collided in a perfect storm not seen for generations. It...

Fonterra develops online trading for dairy commodities

Fonterra is launching a new online sales channel for its dairy commodities which will allow it to respond more quickly to price changes - and may spur the development of...

Dairy commodity prices climb sharply

Dairy commodity costs have surged in the space of just one month to cap off huge rises in the prices being paid out by processors over the last year, according...

High milk prices vital for long-term dairy stability, says industry

The continued price hikes faced by European dairy processors for milk will offer an important opportunity for encouraging further investment and ensuring product sustainability in the industry, a UK dairy...

Milk prices slowing EU dairy herd decline

The current high prices for raw dairy milk being paid by processors and consumers is encouraging Europe's dairy farmers to better meet growing demand for the product, according to a...

Weekly comment

The great food price smash-and-grab

While the world's media is bemoaning rising food prices, the French government is sniffing around the food industry for signs of gleeful profiteering. If it is right, the long-term losses...

Campaigners reject claims GM answer to food prices

Europe must scrap its biofuel targets to combat the upward spiral of food prices, say green campaigners, discarding claiming that genetically modified organisms (GMOs) are the answer.

Lactalis McLelland enters OFT price fix agreement

Dairy group Lactalis McLelland will face a reduced financial penalty from the Office of Fair Trading (OFT) after accepting responsibility for its role in the alleged price fixing of cheeses...

Morrisons quiet over price fix strike-back

UK-retailer Morrisons has refused to confirm that it is seeking a judicial review of an ongoing investigation by the UK's Office of Fair Trading (OFT) into allegations of milk price...

Cosucra highlights its dairy replacers amid high milk prices

Cosucra Groupe Warcoing is seeking to press home the message that pea protein can be used in place of milk protein, reflecting a trend that has picked up speed in...

Wal-Mart chief pledges higher prices for sustainable suppliers

The chief executive of the world's biggest retailer yesterday promised to favour suppliers providing high quality and ethically sourced products.

Vivartia faces further price fix strife

Vivartia is bearing the brunt of a further round of fines imposed by Greece's competition regulator on a number of the country's leading dairy processors and retailers for their part...

UK dairy groups admit price fixing role

A number of UK-based retailers and dairy processors have admitted involvement in alleged dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about £116m (€161m).

Nestle, Vivartia fined in Greek milk price probe

European dairy giants Nestle and Vivartia are among a number of companies facing fines imposed by the Greek competition authority for allegedly fixing dairy prices in the country, press reports...

Russian milk prices up despite production hike

Russian milk production remains well below the country's output targets for 2007, ensuring continued price hikes for the product on the back of increasing global demand, according to the US...

Glanbia predicts another milk price rise

Consumers look likely to bear the brunt of further hikes in milk prices, as Glanbia consumer foods boss Colin Gordon warns that his company can carry raw material costs no...

Nestle weathers commodities storm, sales rise 7%

Nestle yesterday reported organic sales rose by seven per cent in the first nine months of this year, with the company successfully managing to offset rising raw material costs by...

Special edition: Food prices

Dairy groups look to organic in commodities panic

While conventional dairy processors continue to fret over increasing prices for milk powder and other ingredients, a leading US organic group believes that current conditions in the commodities market will...

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