News in brief

First Milk announces October milk price increase

UK dairy processor First Milk has announced an increase in the standard price it pays to its milk suppliers.

UK milk price increases not milestones, just PR – analyst

The recent UK milk price increases announced by processors should not be considered a recovery milestone, but a well-timed PR opportunity, a European dairy analyst has claimed.

Robert Wiseman promises ‘substantial’ milk price increase

Müller Dairy UK and Müller-owned Robert Wiseman Dairies have promised a “substantial increase” in the price they pay to their dairy farmer suppliers for milk.

Swiss consider Emmental production quotas in price boost effort

The Swiss government is considering implementing production quotas across the Emmentaler supply chain, in an effort to keep manufacturers of the iconic cheese and their milk suppliers afloat.

Dairy Crest confident of delivering higher milk prices

Dairy Crest has expressed confidence in delivering higher milk prices for its farmers in coming months – the latest move by British dairy processors to regain dairy farmer trust following...

Will capacity surge put pressure on prices as big guns invest in the Greek yogurt boom?

The rush to build new capacity in the US yogurt sector - largely driven by the Greek yogurt boom - could put pressure on prices in the short term, although...

Ice cream prices rise, volumes decline, says Mintel

Ice cream prices have risen by more than a quarter over the past five years and sales volumes have declined, but most Europeans still consider ice cream an affordable treat,...

US COMMODITIES CORNER

August milk prices show significant increases - Part two

In part two of his August US dairy commodities breakdown, MilkPrice  blogger John Geuss gives DairyReporter.com the latest on cheese demand and a look ahead to September and beyond....

US COMMODITIES CORNER

August milk prices show significant increases

As a result of increased and unexpected US demand for cheese and butter in recent weeks, milk prices in the country have jumped by more than a dollar per hundredweight....

Arla increasing UK milk prices in confidence rebuild effort

Arla Foods UK has increased the standard price it pays to dairy farmers for milk and adopted a new, more transparent milk pricing and sourcing model in an effort to “build...

News in brief

Fonterra revises milk price forecast for 2012/13 season

Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.

Initiative will boost milk pricing transparency – Robert Wiseman Dairies

Robert Wiseman Dairies has launched an initiative with dairy farmers to increase the transparency of how it determines its farm gate milk prices (FGMP).

News in brief

Arla in milk price crisis talks with Swedish farmers

Danish dairy co-operative Arla Foods has been involved in crisis talks with Swedish farmers following a number of milk price cuts in the country.

‘The worst is behind us’: Milk prices in recovery - European Dairy Association

Recent months have seen images of protesting farmers, tractors blockading dairy plants and retailer boycotts – all as a result of UK processor plans to reduce the price they pay...

US COMMODITIES CORNER

Commodities expert John Geuss on July: All Milk Producer Prices are Up!

The Federal Milk Marketing Order July  announcement of Class and Component Prices showed expected increases. What was unusual was that every parameter was up.  

Dairy Crest praised for ‘Churchillian’ milk price cut delay

Dairy Crest has been praised for its “Churchillian” decision to defer its planned raw milk price reduction while it continues talks with protesting farmers.

Arla and Dairy Crest call off planned milk price reductions

UK milk processors Arla and Dairy Crest have called off planned reductions in the price they pay to dairy farmers for milk after a week of pressure from protestors.

Campaign will continue despite producer-processor agreement – Farmers for Action

Farmers For Action (FFA) has heralded a draft agreement between the farmers and processors as a “step in the right direction” but has vowed to continue its campaign against retailers...

Arla and Robert Wiseman plants targeted by milk farmer price protests

Hundreds of British milk farmers picketed outside Arla and Robert Wiseman Dairy plants last night, protesting over plans to cut the price paid to suppliers for raw milk.

Dairy industry set for global ‘squeeze’ as supply exceeds demand - Rabobank

The dairy industry will experience a “slow squeeze” in the final quarter of 2012 as global supply continues to exceed demand, Rabobank has claimed.

Danone issues profit warning over Spanish dairy consumption collapse

French dairy giant Danone has issued a profit warning for 2012 – reducing its operating margin target to account for the collapse of dairy product consumption in Spain and other...

Saputo opposes raw milk price increase after ‘negatively impacted’ FY 2012 results

Dairy giant Saputo has called on authorities in California not to increase the price paid by processor for raw milk in the state, after posting results “negatively impacted” by a...

Dean Foods forecasts dairy segment growth as raw milk price stabilises

Dean Foods is projecting double digit operating income growth in 2012 for its fresh dairy segment as raw milk commodity pricing becomes more “stable.”