Breaking News on Dairy Processing & Markets


Realistic prices needed for European food stability and to safeguard society

Please: A big round of applause for Jozsef Kapuvári. Who? You might well ask. Kapuvári is the author of an EU report that highlights the importance of realistic food prices...

Glanbia revises earnings forecast as dairy prices rebound

Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.

FrieslandCampina reports milk price rally

FrieslandCampina has announced the biggest monthly increase in the guaranteed price for the milk supplied to its farmers so far this year.

Allegations dropped and fines cut in dairy price fixing probe

A long-running investigation into price fixing in the UK dairy market appears to have run its course as allegations are dropped and fines levied at leading processors and supermarkets are...

Europe could upset return to dairy price stability

International dairy prices now stand in “a more comfortable range” but a spike in EU production this spring could spark another major fall, according to Rabobank.

Fonterra reports price jump and reveals new plant plans

Fonterra has unveiled provisional plans for a major new milk processing plant in New Zealand and reported a surge in dairy prices as production eases.

Fonterra sticks by improved milk price forecast in trading update

Fonterra has claimed that ingredients prices are recovering and market confidence is returning as a group of US senators accuse the New Zealand-based co-op of holding a virtual monopoly of...

Amcor rejects price fixing estimate for damages

Amcor has dismissed claims that it should pay hundreds of millions of dollars in damages over allegations it took part in a packaging price fixing cartel.

Danone improves sales on "reset" yoghurt prices

Price cuts have helped Danone recover from a dip in dairy sales at the start of the year to report a healthy increase in fourth quarter sales.

Beneo backs functional price premiums

The recession has not dented the will of consumers to pay price premiums for products that deliver digestive, bone and other benefits, according to European consumer research conducted by global...

Dairy prices shoot up from February trough

International dairy prices are up 82 per cent from the lows of February, sparking speculation about another big price spike, according to the Food and Agriculture Organisation (FAO).

Chocolate flavors help cushion cocoa price impact

Synergy has released a range of chocolate flavors intended to help manufacturers sidestep the impact of volatile cocoa prices.

Locust bean gum plagued by low prices

Low prices for locust bean gum could lead to future supply issues, says a hydrocolloids expert, as present returns on pods do not make the harvest worthwhile for growers.


Food prices face a welcome perfect storm

There’s a perfect storm building for food prices. You don’t have to scan the horizon to see the signs; the clouds are developing all around us - at a faster...

Lower selling prices hit FrieslandCampina’s ingredients business

The newly merged dairy co-op Royal FrieslandCampina has reported a sharp decline in the profitability of its ingredients business, as selling prices plummet.

France to intensify supermarket milk price scrutiny - report

As protests continue around Europe from dairy farmers concerned about covering their costs in the current market, French producers appear to have succeeded in speeding up government scrutiny of supermarket...

Dairy Farmers of Britain succumbs to price pressures

A UK cooperative representing 10 per cent of the country’s supply chain has fallen victim to wider uncertainty gripping the European market after going into receivership this week.

Retailers still under pressure over milk price-role

British retailers are facing calls to increase support for the country’s dairy farming sector amidst wider European concerns about the role of stores in maintaining a profitable milk supply.

Fonterra optimistic over milk price rises

Fonterra says it has recorded a second consecutive monthly rise in the prices being paid to its member farmers for their milk, reflecting possible stabilisation in the supply chain.

Functionality belying whey commodity concerns - analyst

Demand for whey-derived functional food and drinks claiming nutritional benefits remains undimmed despite an overall fall in sales last year for the dairy commodity, says an industry analyst.

News in brief

New FAO food price database launched

The UN’s Food and Agriculture Organization has launched a new online tool to track food prices in 55 developing countries, as part of its food price spike response.

Report stresses price importance for Danone sales strategy

Danone’s financial outlook implies tough times may be ahead for dairy producers, with the company facing stagnant organic sales value growth despite some resurgent demand, suggest analysts.

News in brief

Fonterra issues milk price warning

Fonterra warns that current prices on the global market are not sustainable for suppliers at their current level.

Arla faces farmer wrath over new year price chop

A leading European dairy cooperative has announced it will return prices paid to its farmer members to rates similar to before surging values recorded in mid-2007, risking further wrath from...

US coop settles over 'price fixing' amidst market turmoil

A leading US dairy cooperative hopes to close the book on allegations of price fixing by agreeing a multi million-dollar settlement that it says is not an admission of guilt...

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