Commodities

The sale is expected to boost Axéréal's global malt footprint.

Cargill sells malt business to Axéréal

By Beth Newhart

French grain cooperative Axéréal will acquire Cargill’s malt business under the Axéréal malt subsidiary Boortmalt, affecting 15 global facilities and more than 500 people.

Retail sales volumes of all key dairy categories have declined in the US since 2017, excluding natural cheese. Pic: ©GettyImages/sergeyryzhov

Tight margins and bad weather affected 2018 global milk production

By Beth Newhart

Rabobank has published its Dairy Q4 Quarterly report, which states the US saw just 1% growth in milk production in 2018, the lowest year-on-year (YOY) growth since 2013. Milk production was also down in the EU and Australia last year, but rose in New...

FrieslandCampina acquires second US company

By Beth Newhart

The Dutch Royal FrieslandCampina N.V., a global dairy brand, closes out a busy December with the announcement that it has acquired Best Cheese Corporation USA, importer and vendor of specialty cheeses. It’s the second US company it has picked up this...

“This bill is a strong start to addressing the issues our producers are facing right now, particularly our dairy farmers.

Pending farm bill has big implications for dairy

By Beth Newhart

The US is close to passing a landmark $867bn farm bill after months of negotiation and compromise. It has already passed the Senate and the House and is expected to be signed into law by President Donald Trump within the coming days.

Agropur will close its only plant that produces goat cheese next year. Pic: ©GettyImages/5PH

Agropur in talks with Quebec Goat Milk Producers

By Beth Newhart

Just two months after Agropur announced it will close its goat cheese-producing plant in Saint-Damase, it has engaged in discussions with Quebec Goat Milk Producers about an undisclosed deal.

The trade deal won't take immediate effect and must be ratified by each country's government. Pic: ©GettyImages/Bet_Noire

Dairy industry reacts to North American leaders signing USMCA deal

By Beth Newhart

After months of back-and-forth and a tumultuous summer of trade disputes between the US, Canada and Mexico, the three North American nations have officially signed the US Mexico Canada Agreement (USMCA), dismantling the previous North American Free Trade...

Dean Foods reveals disappointing Q3 with seven plant closures

By Beth Newhart

Dean Foods posted a loss of 28 cents per share, or $26.4m in its third quarter. It also closed and consolidated seven manufacturing facilities within six weeks, racking up ‘significant transitory costs’ that are expected to continue.

Noosa has tripled its sales, market share and local production capacity in the last four years.

Noosa yogurt acquired by Sovos Brands

By Beth Newhart

Australian-style yogurt brand Noosa is merging into Sovos Brands, a CPG collector with an Italian portfolio and financial backing from Advent International.

Saputo will take over 170 employees in the deal.

Saputo acquires F&A Dairy for $85m

By Beth Newhart

Saputo Inc. announced Friday that it will acquire F&A Dairy Products Inc. for $85m, including two manufacturing facilities and approximately 170 employees.

The ZIsk app updates every 10 minutes and features customized alerts.

Zisk app launched for dairy farmers

By Jim Cornall

The number of dairy operations in the US has been declining over the past 20 years; the state of Wisconsin alone has lost more than 2,200 dairy farms in the past five years.

Land O'Lakes has held minority equity in Iowa-based Agren since 2016. Pic: ©GettyImages/Sasiistock

Land O’Lakes acquires soil software company Agren

By Beth Newhart

Land O’Lakes Inc. has announced that it has acquired Agren Inc., a company that develops soil health and conservation planning software. It will become a part of Land O’Lakes SUSTAIN, a farmer-focused division of the dairy company.