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Breaking News on Dairy Processing & Markets

EDA urges EU policymakers to consider alternative to milk supply management

The European Dairy Association (EDA) has called on European Union (EU) policymakers to consider the adoption of an intervention purchasing system as an alternative and “viable measure” against milk price volatility....

MPs call for milk contract legislation if no 'tangible improvements' made

A group of British politicians has called on the government to consider legislation to bind contracts between dairy farmers and processors if the current Voluntary Code of Best Practice on Contractual...

US COMMODITIES CORNER

Cheese price 'escalation' drives April Class III milk price increase

Class III milk prices jumped in April on the back of a "significant escalation" in NASS cheese prices. US dairy commodities expert and MilkPrice blogger, John Geuss, gave DairyReporter.com an update of...

Organic milk demand ‘more sensitive’ to income, price fluctuations – USDA

Organic fluid milk demand is “more sensitive” to swings in household income and food prices than demand for conventional milk, a US Department of Agriculture (USDA) study has discovered....

Danone results get Asia baby food boost

Danone reported sales growth in the first quarter of 2013 as demand for baby food in Asia boosted profits, despite continued weakness in Europe.

Dean Foods to ‘accelerate’ cost-cutting efforts in 2013 to offset private label loss

US dairy giant Dean Foods plans to “accelerate” its existing cost reduction efforts in 2013 in an attempt to minimise the impact of an anticipated decline in private label milk volumes.

Global food prices increase on the back of drought-driven dairy price ‘surge’ - FAO

Global food prices increased in March on the back of an 11% New Zealand-driven “surge” in global dairy prices, the Food and Agriculture Organisation of the United Nations (FAO) has revealed....

US COMMODITIES CORNER

US milk prices continue to decline as cheese inventories remain high

Class III milk prices continued to fall in March 2013 despite a slight decrease in US cheese, dry whey, and butter inventories during the month. According to US dairy commodities...

Dean Foods to close Oak Farms Louisiana milk processing plant in efficiency drive

US dairy giant Dean Foods has announced plans to close its Oak Farms processing plant in Shreveport, Louisiana later this year – citing the pressures of operating in a “highly competitive...

Dairy Farmers of America agrees $46m CME price fixing settlement

Dairy Farmers of America (DFA) has agreed to pay $46m to settle a lawsuit that alleged it manipulated trading at the Chicago Mercantile Exchange (CME) in an effort to drive...

CAP reform: EDA urges MEPs to reconsider milk supply management system support

The European Dairy Association (EDA) has urged MEPs to reconsider their support for the introduction of a milk supply management system in times of crisis – a move it claims...

Adams Food Ingredients unveils cost-saving dairy ingredient replacement powders

Adams Food Ingredients (AFI) has developed a range of cost-saving clean-label dairy powders that enable manufacturers to replace all or part of a dairy ingredient.

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part three

US butter and butterfat prices fell in February 2013 on the back of rising US butter inventories - a build up that has been attributed to increased production and flat...

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part two

Cheese inventories remained high going into February as a result of an exports slowdown at the end of last year. Stocks must be depleted before milk prices can improve. But...

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part one

Class III milk and milk protein prices suffered in February 2013 as cheese inventories remained at near record highs going into the month. US dairy commodities expert and MilkPrice  blogger, John Geuss, gave DairyReporter.com a...

Saputo to pull plug on European dairy operations over profitability issues

Saputo intends to pull the plug on its European operations after just seven years on the continent – citing a lack of “short to mid-term opportunities” to ensure profitability.

Arla considered Finnish fresh milk exit over ‘illegal’ Valio pricing

Arla Ingman – Arla Foods’ Finnish business – seriously considered abandoning the country’s fresh milk market over the “unfair and illegal” pricing policy practiced by industry rival Valio.

Dairy Crest expects £5m annual saving through management shake-up

Dairy Crest has announced a board and senior management shake-up – a move the British dairy processor anticipates will lead to cost savings of at least £5m per year.

News in brief

Milk supply contract is Code of Best Practice compliant - Arla

Arla Foods is claiming a UK first – a milk supply contract that is fully compliant with all the aspects of the Dairy Industry Voluntary Code of Best Practice on...

UK dairy processors facing fresh FFA milk price protests

Farmers for Action (FFA) has threatened a fresh wave of processor-targeted demonstrations across the UK if efforts are not made to increase farm gate milk prices.

Saputo eyes further efficiencies following flat Q3 results

Canadian dairy giant Saputo has announced plans to pursue “additional efficiencies and decrease costs” across its business after announcing only marginally improved profits for the last three months of 2012....

Dairy Crest ‘on track’ to exceed cost-saving target

Dairy Crest has revealed that it is “on track” to exceed its cost saving target for the year – an achievement it hopes to mirror in 2013.

US COMMODITIES CORNER

January prices decline as exports weaken, inventories grow - Part two

In part two of his January 2013 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on falling cheese and butter prices, and a look ahead to...

US COMMODITIES CORNER

January prices decline as exports weaken, inventories grow

Inventories of butter and cheese grew in January as supply outweighed export demand - causing prices to decrease. Is this a bad omen for 2013, or will exports recover quickly?...

Farmer coalition urges UK processors to increase milk prices

UK dairy processors are being urged to implement the Dairy Industry Code of Best Practice on Contractual Relationships and increase their farm gate milk prices – or face being named...