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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...

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.

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