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Breaking News on Dairy Processing & Markets

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...

Global dairy price rises back on the horizon: Rabobank

Despite an expected recovery in the price of dairy ingredients, significant price swings are still expected, according to a new report from Rabobank.

Dairy price won’t settle soon, says Fonterra

Volatile dairy prices are likely to continue in the mid term at least, New Zealand Fonterra has warned, signaling a need for on-going margin vigilance for food makers using dairy...

EDA suggests time is right for milk price rethink

‘Significant changes’ are required in the approach of European politicians and dairy industries to milk pricing, says the head of the European Dairy Association (EDA).

Price volatility setting back lactose and whey value - report

While the availability of whey and lactose products continue to climb during 2008, price volatility has managed to hamper hikes in profitability of the segment as manufacturers hunt for cheaper...

Milk price alternative sought in EU tractor protest

A barrage of tractors have descended upon the latest meeting of EU agriculture ministers to drive home dairy farmers’ calls for what they claim are the basic conditions required to...

Scottish dairies cleared in global price fix clampdown

UK competition authority, the Office of Fair Trading, says it will not be taking action against six Scotland-based dairy companies accused of engaging in price fixing.

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...

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