All news articles for May 2018

The deal to buy Ontario specialty cheese and yogurt company Shepherd Gourmet is valued at C$100m.

News in Brief

Saputo buys Shepherd Gourmet Dairy

By Jim Cornall

Canadian dairy giant Saputo Inc. has entered into an agreement to acquire the activities of Shepherd Gourmet Dairy (Ontario) Inc. for C$100m (US$77.7m).

The UK is currently the third largest producer of milk in the Europe and the 10th largest globally.

UK dairy sector presents Dairy Roadmap anniversary report

By Jim Cornall

The UK dairy sector said it has made ‘significant progress’ in its efforts to reduce its environmental footprint, attendees were told at the launch of the Dairy Roadmap 10th anniversary report in the House of Commons.

Fonterra’s chief executive Theo Spierings said the business has not delivered the third quarter results it had planned.

Fonterra raises milk price forecast

By Jim Cornall

New Zealand’s Fonterra Co-operative Group Limited has announced an opening forecast Farmgate Milk Price of NZ$7.00 (US$4.84) per kgMS for the 2018/19 season.

The investment will enable Dairy Crest to process an additional 200m liters of milk every year.

Dairy Crest announces £85m cheese business investment

By Jim Cornall

UK dairy company Dairy Crest has announced it is investing £85m ($113.6m) in growing the capacity of its cheese business, £75m ($100m) of which will be invested at its Davidstow, Cornwall, plant.

Milkshakes and fruit juices are exempt from the UK's sugar tax - but can still contain high amounts of sugar. Pic: getty/mindstyle

UK sets sugar reduction targets for juice and milk-based drinks

By Rachel Arthur

Juice and milk-based drinks are currently exempt from the UK’s sugar tax: but Public Health England has set out targets for sugar reduction in these categories – and says that progress will be taken into account when it reviews the milk-based drinks exemption...

The successful Got Milk? slogan has led to US dairy's new Got Jobs? campaign. The US dairy products industry supports nearly 3m workers and has an overall economic impact of more than $628bn.

US dairy plays on Got Milk? with Got Jobs? campaign

By Jim Cornall

Most Americans are aware of the successful Got Milk? slogan, and now the U.S. Dairy Export Council (USDEC), the International Dairy Foods Association (IDFA) and the National Milk Producers Federation (NMPF) are collaborating to create the "Got Jobs?...