On January 1, the limited US-Japan Trade Agreement went into effect, after being signed in early October. It lowers tariffs for American agriculture products, including cheese.
Enel Green Power is constructing a new 500 megawatt (MW) plant worth $720m in Texas. Danone North America signed a power purchase agreement with the wind farm for a 12 year deal.
As the year's fourth quarter wraps up, Rabobank's RaboResearch looks back on global dairy's performance in 2019, and ahead to 2020. Milk production and prices are up, leading to challenges for producers.
The US government announced a ‘Phase One’ trade deal on Friday that stipulates China will make substantial purchases of US goods and services in the coming years, including from agriculture.
Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.
A global dairy commodity update from Maxum Foods Pty Ltd shows improving expansion in milk supply for December 2019 and a slowing in trade in milk powders. US cheese retailers are contributing with holiday promotions.
Renewable energy use in agriculture is the best way to a sustainable future for most farmers, according to Organic Valley, and solar power popularity can grow further thanks to proposed energy tax credits in the US.
In a collaboration between the Environmental Defense Fund (EDF) and four Pennsylvania dairy farmers, a new report finds that conservation practices generally result in a farm’s good economic health. But farmers can’t do it alone.
US dairy numbers from September reveal production was up across the industry when compared to the same time last year. But dairy still shows signs of strain amid bankruptcies and closures.
One of the most well-known dairy companies in the US is prepared to sell its business after years of disappointing numbers. The Dairy Farmers of America (DFA) may be a potential buyer of the Dean Foods assets.
At a meeting between the United Dairy Industry Association, National Dairy Promotion and Research Board and National Milk Producers Federation, dairy farmers and leaders discussed protecting the US dairy checkoff from anti-animal-agriculture groups.
Non-dairy brand Miyoko’s Creamery announced a partnership with Farm Sanctuary to help California dairy farms transition to plant-based operations. They think it’s a win-win opportunity for a sustainable future.
In Glanbia’s third quarter results, the global nutrition group announced total revenues were up 16.9% with strong numbers from its Nutritional Solutions (NS) division. But Performance Nutrition (GPN) struggled despite key acquisitions.
The Farm Workforce Modernization Act of 2019 was introduced in the US House of Representatives this week, with the goal of expanding the H-2A foreign guestworker program and aiding with legalization of current workers.
In the company’s third quarter report, Grupo Lala discussed an ‘operational issue’ at one of its Mexican cheese plants, resulting in an inventory shortage and 8.8% volume loss.
The National Milk Producers Federation penned a letter to US President Donald Trump this week, praising and criticizing aspects of his trade deals and how they impact the dairy industry.
More out of market investments and a strong US production base are bolstering cheese growth. Rabobank took a look at the global cheese market since 2010 in a recent report, and predicted what’s to come.
This week Chobani launches a limited edition Greek yogurt flavor in honor of National Farmer’s Day on October 12. A portion of the proceeds will help protect America’s farmland.
Global dairy markets are expected to remain firm through mid-2020, but Rabobank predicts that the second half of the year will be tighter in the face of a possible global recession.
As a Greek yogurt-based ice cream alternative, Yasso has grown to be a nationally distributed better-for-you dessert. Now the brand is handing off its leadership to a new management team and opening a headquarters in Boulder, Colorado.
Nounós Creamery says its yogurt is made with an authentic Mediterranean-style rather than ‘Greek inspired’ methods. A recent investment has it poised for substantial growth in the US.
Wells Enterprises has announced its purchase of light ice cream company Halo Top. Wells already manufactures popular dessert brands like Blue Bunny, Bomb Pop and Chilly Cow.
Over the weekend, US president Donald Trump put into effect a new round of tariffs on Chinese goods, while the US Dairy Export Council (USDEC) visited Chinese officials to preserve its relationship with China.
Dairy protein ingredients company Milk Specialties Global has released its first corporate social responsibility report, outlining new tactics for how it will reduce its carbon footprint and recycle water.
More milk production is happening on fewer farms, and large-scale operations have expanded into non-traditional markets. Rabobank’s latest report on the changing US dairy landscape examines the biggest challenges.
The European Union’s effort to take sole ownership of common cheese terms based on origin has ended in an agreement, protecting the fate of ‘mozzarella’ around the world.
The dairy industry generates about half of Wisconsin's annual industrial agricultural revenue, according to a new report from the University of Wisconsin-Madison.
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.
In the first quarter of 2019, US dairy production and exports were down compared to Q1 2018, particularly in the midwestern states. Globally, dairy is still dominated by a few key players and facing challenges from African Swine Fever.
After announcing that it may drop its flagship dairy brand last August, Kroger sold Turkey Hill to Peak Rock Capital earlier this year. The agreement was completed this week for $215m.
Food giant General Mills is making a commitment to sustainability and clean power by covering the electricity at its US facilities with renewable wind energy. It has signed a 15-year power purchase agreement with Roaring Fork Wind, LLC.
