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Breaking News on Dairy Processing & Markets

Dairy industry could see ‘sizable’ retaliation from WTO decision

Congress must act fast to address a decision from the World Trade Organization that would allow Canada and Mexico more than $1bn in retaliatory tariffs, according to two dairy industry...

Dairy market growth to slow over next decade: EC report

A European Commission report says the world market for dairy commodities and milk imports will grow 2.4% annually up to 2025.

Boosting cheese sales: Food pairings and placements in store can tempt consumers towards specialty products

Specialty cheese sales are growing in the US, but is the market’s potential being capped by a lack of retail connectivity?

Excess of dairy may be at 400,000 tons across the world: USDEC

The dairy market is more than adequately supplied into 2016, as there is likely 400,000 metric tons of excess dairy across the world, mostly in the form of powder, according...

Dairy market set for rough 2016, says USDEC

The US Dairy Export Council expects another challenging year for the dairy market in 2016 as Russia and China continue to reduce their reliance on imports.

'Cheese is intimidating': Sell the story and experience of the product to make consumers comfortable

Buying cheese can be confusing: but focusing on the story and experience behind the product can help alleviate confusion for consumers, according to an industry organization. 

Milk fat improvement starts at the agricultural level

As higher quantities and qualities of milk fat become trendier, the demand will likely become greater. How can the industry meet this demand? It will likely take vast improvements on...

Loud and proud: EU handouts to help European agri-food products stand out

Over 30 trade-association led campaigns promoting everything from olive oil to fresh meat have been named the recipients of the latest round of EU funding for agri-food products.

Average GDT dairy commodity price down for third auction running

Dairy commodity prices fell 7.9% at the latest Global Dairy Trade (GDT) auction - the third decrease in average prices on the platform in a row.

Fonterra increases 2015/16 farmer payout forecast after performance boost

Fonterra has increased its payout forecast for the 2015/16 season on the back of a strong August to October performance.

Global Dairy Trade average price falls for first time since early August

The Global Dairy Trade (GDT) Price Index declined by 3.1% today - the first fall in the average price on the platform since the beginning of August.

Standard & Poor's reduces Fonterra credit rating over debt concerns

Standard & Poor's (S&P) has reduced Fonterra's credit rating - reflecting its concerns about the New Zealand dairy's debt levels.

Global Dairy Trade commodity prices increase fourth auction running

Commodity prices on the Global Dairy Trade (GDT) platform rose 9.9% yesterday - the fourth increase in a row. 

Fonterra lifts FGMP forecast after increase in global dairy prices

Fonterra has increased its farm gate milk price (FGMP) forecast for the 2015/16 season following a recent lift in global dairy prices. 

Farmers in all EU Member States to share €420m financial aid: Commission

Farmers across the 28 European Union (EU) Member States will share €420m in European Commission (EC) targeted financial aid.

Global Dairy Trade commodity prices rise third auction in a row

Dairy commodity prices rose today the third time running on the Global Dairy Trade (GDT) auction platform. 

Fonterra 2014/15 milk price calculation gets final Commerce Commission approval

Fonterra's milk price calculation for the 2014/15 has been given final approval by the New Zealand Commerce Commission. 

Which Member States have been worst hit by the fall in milk prices?

As Brussels decides on the allocation of targeted financial aid for dairy farmers, DairyReporter looks at which Member States have been worst hit by the fall in milk prices. 

Fonterra further reduces GDT dairy commodity offering forecast

Fonterra has further reduced its Global Dairy Trade (GDT) offering forecast in anticipation of a fall in milk production.  

Fonterra maintains milk production forecast but warns of farmer pull back

New Zealand dairy giant Fonterra has maintained its milk production forecast for the 2015/16 season, but has signaled it may decline later.

‘We did not take to the streets for this’: EMB slams EC dairy support package

The European Milk Board (EMB) has branded the €500m ($558m) EC support package, which includes targeted aid for dairy farmers, "very disappointing."

Dairy farmers to receive 'most significant part' of €500m EC support package

Dairy producers will receive the "most significant part" of a €500m ($558m) European Commission (EC) agricultural support package announced today. 

Global Dairy Trade commodity prices climb for second auction running

Dairy commodity prices rose nearly 11% earlier today on the Fonterra-owned Global Dairy Trade (GDT) auction platform.

China and Russia likely to put 'considerable pressure' on H2 dairy sales: FrieslandCampina

Lagging Chinese demand and the impact of the Russian embargo are likely to put "considerable pressure" on FrieslandCampina's sales in the second half of 2015.

Tesco yogurt pledge marks latest victory for protesting farmers

Tesco has pledged to use British milk in its own-label yogurts, as struggling dairy farmers held another protest over low milk prices last night.

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