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Breaking News on Dairy Processing & Markets

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.

Strong commodities market aids Fonterra

Fonterra, New Zealand's largest dairy co-operative, predicted world commodity prices would continue rebounding strongly over the next few months as supply and demand tightened.

Arla sues Wiseman in UK price fixing dispute

Rows over dairy price fixing allegations in Scotland took another twist this week, after Arla Foods UK revealed it would sue rival Robert Wiseman to recoup lost revenue.

Australian drought could impact dairy prices

Buyers of Australian dairy products are facing uncertainty over future supplies and pricing as the country's farmers weigh up the impact of a prolonged drought on their output.

Price fixing allegations hit Wiseman shares

Shares in dairy firm Robert Wiseman have struggled to recover in recent days after Britain's competition watchdog accused the group of fixing milk prices in Scotland.

Milk Link ups prices to supply Britain's organic milk boom

UK dairy processor Milk Link will pay farmers more money for their organic milk from this October as the industry attempts to keep pace with soaring demand.

EU plots path out of commodities

The current supply glut on the EU butter market will be solved by more producers leaving the sector, says a Commission report, again predicting a move away from commodities across...

Cost pressures knocking EU milk prices

Farmgate milk prices have continued to fall across the European Union and most rapidly in France over the last year, new figures show, increasing tension between producers and processors.

Lactalis slams Sodiaal in French milk price row

Rows over farmgate milk prices have intensified in France, with leading French dairy processor Lactalis accusing its rival Sodiaal of irresponsibly cutting the price it pays to producers.

Nestlé confident that food prices will stabilise

Nestle doesn't expect raw material prices to rise further this year, despite a recent FAO report that forecasts an increase of over 2 per cent in the world food import...

Arla UK under fire over milk price cuts

Arla UK announced it would make more controversial cuts to farmgate milk prices and fine producers for churning out too much milk, as cost pressures on the dairy industry intensify.

UK dairy sector still hooked on commodities

Britain's dairy trade deficit grew again in 2005, highlighting that the country is still too reliant on lower margin commodity goods, leaving the domestic market exposed to foreign competition.

Wiseman ups prices to lift dairy profits

An increase in selling prices helped dairy processor Robert Wiseman to begin clawing back lost profits, as the group looks to continue the momentum with more new products and facilities.

Low milk prices unsustainable, say producers

Milk producers have renewed their fierce criticism of low farmgate prices in Britain, as the country's competition watchdog prepares to open an in-depth probe into the market practices of top...

Cost cuts to balance high input prices, Nestlé says

Prices for raw materials and energy are forecast to rise by around five to 10 per cent this year, but Nestlé believes cost cuts will balance the equation out, the...

Dairy price rises forecast to moderate as demand eases

The international demand for dairy products has eased slightly and prices for supplies are likely to moderate in the next several months, according to a new report.

Commodity outlook for 2005

The FAO's predictions concerning commodity costs and production show sustained high prices for milk and growing sugar consumption in the developing world.

OFT launches dairy price-fixing probe in UK

Britain's Office of Fair Trading is investigating allegations of price-fixing by top dairy processors as the government agency draws increasing criticism from the industry.

More dairy strikes planned over farmgate prices

British farmers are planning another strike in protest over low prices paid by retailers and processors for their goods, adding to calls from MPs and lobby groups for mandatory legislation...

Galactic announces lactic acid price increases

Lactic acid giant Galactic is the latest ingredients firm to announced substantial price increases on the back of rocketing energy costs.

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