Breaking News on Dairy Processing & Markets

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...

Proposed milk supply management measures a ‘step backwards’ - EDA

The proposed adoption of supply management measures represents a “real threat” to the growth of the European dairy sector, the European Dairy Association (EDA) has claimed.

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...

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