Dairy Farmers of America agrees to $156.8m milk price fixing settlement

Dairy Farmers of America (DFA) has agreed to pay $158.6m to settle a 2007 lawsuit that alleged it conspired with Dean Foods and others to suppress raw milk prices across...

US COMMODITIES CORNER

Dairy prices down, but US market looking 'healthy' - Part two

In part two of his December 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, cheese and butter prices, as well as the "positive" impact of...

US COMMODITIES CORNER

Dairy prices down, but US market looking 'healthy'

US dairy commodity prices dropped in December 2012, but low inventories and high exports have left the market still looking "healthy." US commodities expert and MilkPrice blogger John Geuss gave...

Irish dairy export prospects 'positive' going into 2013 - Bord Bia

Irish dairy export prospects remain “generally positive” going into 2013 despite a fall in dairy and ingredients exports in 2012, research by Bord Bia (the Irish Food Board) has found.

US dairy co-operatives slam Congress ‘dairy cliff’ deal

Dairy Farmers of America (DFA) and Land O’Lakes have slammed Congress’ recent decision to extend the government’s current milk-buying programme.

US Congress backs deal to avert ‘dairy cliff’

US Congress has cleared a bill that will extend the government’s current milk-buying programme - effectively preventing a steep increase in the price of dairy products.

US COMMODITIES CORNER

November prices remain high, but cheese suffers 'unusual' drop - Part Two

In part two of his November 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, butter and "rapidly" falling cheese prices, as well as a look...

US COMMODITIES CORNER

November prices remain high, but cheese suffers 'unusual' drop

US cheese prices remain high at more than $2 per pound (lb), but are 'falling rapidly' - an unexpected result considering October's 'tight inventories.' US commodities expert and MilkPrice blogger John Geuss...

Dairy Crest Dairies restructuring efforts ‘overlooked’ – Panmure Gordon

The “scale and scope” Dairy Crest’s current efforts to restructure its lagging Dairies and Spreads businesses has been “overlooked”, according to stock brokerage Panmure Gordon.

News in brief

Fonterra increases 2012/13 pay-out forecast

Fonterra has announced a revised pay-out forecast range for the 2012/13 season of NZ$5.50 per kilogram of milk solids – an increase of 25 cents on the previous forecast.

DAIRYREPORTER.COM EXCLUSIVE

Yogurt culture ensures taste and texture throughout shelf life - DSM

DSM has developed a new yogurt culture - DelvoYog Very Mild - which delays the onset of post acidification, assuring “optimal taste and texture” throughout the shelf life of yogurt products....

News in brief

Milk price increases demonstrate dairy farmer support – First Milk

UK dairy processor First Milk has announced further milk price increases for all of its dairy farmer suppliers.

European Parliament hit by 'cost of milk production' protests

More than 3,500 farmers staged a two-day protest at the European Parliament in Brussels in an effort to call attention to low milk prices - which they claim do not...

Muller Wiseman milk price increase welcomed by farmers

Müller Dairy and Müller-owned Robert Wiseman Dairies will increase their farm gate milk price to 30.5 pence per litre (ppl) by February 2013 in an effort to meet the rising...

US dairy coops to face ‘herd retirement’ price fixing lawsuit

A US lawsuit alleging that the practice of killing cows to increase the price of milk – known as ‘herd retirement’ – violates anti-trust laws will go to court after...

US COMMODITIES CORNER

Milk protein prices jump 13% in October - Part Two

In part two of his October dairy commodities breakdown, MilkPrice  blogger John Geuss gives DairyReporter.com the latest on cheese and butter demand and quick look ahead to November, December and the coming...

US COMMODITIES CORNER

Milk protein prices jump 13% in October

US milk protein prices increased by 13% in October. But does the price  increase have the momentum to carry milk protein prices to the "exceptional highs" of 2008? US commodities expert and MilkPrice  blogger John Geuss gave...

Milk price talks cannot continue alongside farmer protests – Müller Wiseman

Milk price talks cannot take place against the continuing backdrop of militant dairy farmer protests, UK dairy processor Müller Wiseman has claimed.

Milk quota penalties could impact supply - EDA

European Commission (EC)-issued milk quota penalties could impact the production of milk and leave dairy processors short, according to the European Dairy Association (EDA).

Danone must cut prices to compete with private label brands – analyst

Danone must cut the prices of its branded dairy products significantly in parts of Europe to compete with lower-price private label brands, French banking giant Societe Generale has claimed.

News in brief

Arla Milk Link increases milk price to 27.5ppl

Arla Foods has announced that the Arla Milk Link milk price will increase by 0.5 pence per litre (ppl) from 1 November 2012.

US COMMODITIES CORNER

US milk price increase continues

Milk prices have continued to increase in the US, hitting $19 per hundredweight in September. But will the positive impact on dairy sector cash flow outweigh the long term negative...

Global dairy market headed for ‘supply scarcity’ repeat - Rabobank

The global dairy market appears to be headed into another period of milk “supply scarcity” in the next 12 months as production growth begins to slow in the world’s major export...

Fonterra posts profits drop, cites global dairy price fall

Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on...