After competing in the 2018 Sprint Accelerator and winning last fall’s Foodbytes! competition in NYC, SomaDetect is cementing its future with significant funding.
Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.
This summer, the Dairy Business Association (DBA) has hosted ‘policy picnics’ in collaboration with the Edge Dairy Farmer Cooperative. The member events brings together the dairy community during a time of economic stress.
Chill-N Nitrogen Ice Cream this month launches its national franchise program to expand the brand beyond south Florida. It was one of the first nitrogen ice cream concept stores in the US when it opened in 2012.
A $16bn aid package for US farmers was first announced in May. Last week Secretary Sonny Perdue gave more details about how and when the funding will be divided up.
Mexican dairy producer Grupo Lala's 2019 second quarter sales netted 14,467m pesos ($758m) in Mexico, a 3.9% increase from Q2 2018. The company cited “innovation and an improved mix” of its ‘value-added dairy’ offerings as reason for the jump.
In late June the Dairy Farmers of America (DFA) started a merger with St. Albans Cooperative Creamery. It also held the Demo Day for six agriculture and dairy startups in its third annual accelerator.
Saputo Inc. reported its latest fourth quarter and fiscal year results, ending March 31. It completed a series of acquisitions last year that contributed to higher revenue, while low cheese prices and struggles with the Canadian dollar hurt overall earnings.
US President Donald Trump and US Secretary of Agriculture Sonny Perdue announced ‘several actions’ to help farmers in the wake of the recent trade war with China, including $16bn in aid.
Vice President Mike Pence visited Wisconsin last week to discuss the pending US Mexico Canada Agreement (USMCA) and engage with leaders in dairy and other agriculture industries.
As US President Donald Trump has escalated the trade tariffs spat with China, there are fears US dairy may be negatively impacted by tariff negotiations from all sides.
