Breaking News on Dairy Processing & Markets

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...

Weekly comment

Food prices and the death of the productionist model

Last week saw a string of communications about food price rises: first warnings were aired about wheat, then meat, then dairy. It's a vertiginous view from the heights of the...

High prices remain after milk production hike

An expected increase in global dairy production is unlikely to alleviate current industry concerns over high milk prices, according to findings by the US Department of Agriculture (USDA).

High dairy prices affect Hershey's earnings

High dairy prices meant Hershey's operating margins fell to 3.1 per cent for the quarter ended 1 July, compared to 17.3 per cent for the same period in 2006.

EU export subsidies revoked as dairy prices rocket

The EU's dairy management committee last week revoked subsidies on all exported dairy products for the first time in 40 years, as increased demand amongst processors and consumers continues to...

Milk prices debate keeps dairy in the spotlight

Public debates over farmgate milk prices will take place across Britain over the next couple of weeks, as producers and campaign groups look to maintain pressure on retailers and processors.

Arla joins rush to raise milk price

As Tesco again displayed its power in the UK food chain with another profits rise, dairy group Arla Foods joined a growing list of processors to raise farmgate milk prices.

Energy, commodity price pressures to ease says S&P

A lesser increase in prices of energy and commodities compared with 2006 will ease the pressure on processors, according to a new report by Standard and Poor's.

Tesco raises the bar on milk prices

Milk producers in the UK have given a cautious welcome to milk price rises announced by Tesco this week, in the latest development on dairy farmer incomes.

Sainsbury's 'open' to milk price rise

A little piece of Fairtrade Fortnight touched the UK dairy industry this week as the head of the Sainsbury's supermarket told farmers he was willing to pay more for their...

MPs call for action over low milk prices

A group of MPs in the UK have called on the government to step in over low farmgate milk prices, which they claim are taking ruthless advantage of dairy farmers.

Retailers 'receptive' to milk price increases

Supermarkets in the UK have softened their stance on farmgate milk prices in recent weeks, as public scrutiny of the dairy supply chain has grown.

Key Industry Events