All news articles for June 2020

The dairy code came into effect on January 1, 2020, as it was a key recommendation of the ACCC's 2018 dairy inquiry. Pic: Getty Images/JohnCarnemolla

ACCC looking into dairy code compliance

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) is monitoring the introduction of the new mandatory dairy code of conduct, including by checking processors’ compliance with the code, and said it is ready to take enforcement action where appropriate.

Hart Dairy is based in Georgia.

Hart Dairy receives strategic investment from Next Gen Nutrition

By Jim Cornall

Hart Dairy, the largest single-source producer of 100% free-range, grass-fed milk in North America, has announced a new investment from Next Gen Nutrition Investment Fund, LP (NGN) and the addition of James Cali and Andrew Towle, the firm’s general partners,...

The IDFA described the move as a

IDFA welcomes FDA announcement on high protein milk

By Jim Cornall

The US Food and Drug Administration (FDA) has announced it is allowing the use of milk protein concentrate (MPC), milk protein isolate (MPI) and whey protein concentrate (WPC) in products labeled "high protein milk."

IDF’s Dairy Sustainability Outlook 3 contains contributions from 18 countries around the world.

IDF launches third edition of Dairy Sustainability Outlook

By Jim Cornall

The International Dairy Federation (IDF) has launched the 3rd edition of its Dairy Sustainability Outlook series, which provides new case studies to support the dairy sector in delivering on its commitment to sustainable development.

An Argentine dairy farm. Pic: Getty Images/reisegraf

Latin America update: Consumers, coronavirus and currency

By Monica Ganley

The coronavirus pandemic and its impact have taken center stage in Latin America. Governments across the region have adopted vastly different approaches to containing the virus and, as a result, the prevalence of infection varies greatly from country...

The company said the new production capacity will not compromise its CO2-neutral status. Pic: Palsgaard

Palsgaard invests €100m to double capacity

By Jim Cornall

Emulsifier manufacturer Palsgaard A/S, which creates a variety of products for the dairy industry, has announced the investment of €100m ($112.5m) to more than double production capacity at its Danish facility by 2024.

The new name takes effect on July 6.

INTL FCStone rebranding to StoneX

By Jim Cornall

INTL FCStone Inc., a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, is rebranding the firm as StoneX Group Inc.

The government has announced loans of up to 90% for dairy-related projects. Pic: Getty Images/Ram Tekale

India sets up $2bn fund to include dairy sector

By Jim Cornall

India’s Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the setting up of the Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crore ($2bn).

Christeyns Food Hygiene's Warrington site in the UK.  Pic: Christeyns Food Hygiene

BSI kitemark for Christeyns hand sanitizer

By Jim Cornall

UK-based Christeyns Food Hygiene, which manufactures specialist hygiene solutions, has become the first manufacturer to receive the globally-recognized British Standards Institution (BSI) kitemark for hand sanitizer.

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