The USDA has plans to purchase approximately 11 million lbs. of cheese from private inventories to assist food banks and pantries across the nation, while reducing a cheese surplus that is at its highest level in 30 years.
In response to current low milk prices, a conference has been arranged for next month to address international responses to low milk market prices and market volatility.
Dairy commodity prices have dropped, and food manufacturers should lock into a long-term deal quickly before they rise again, traders Greenfield Ireland are warning.
The private storage aid for butter and skimmed milk powder has again been extended until September 30, 2016, following the approval by Member States of a proposal made by the European Commission.
A British organic dairy cooperative has broken into the one of the world’s most lucrative markets after being awarded the UK’s first licence through the Soil Association to export organic products to China.
