Multinational dairy company FrieslandCampina has revealed its strategy for the coming decade in which it plans to expand globally and shift its focus to three specialised product categories.
Demand for whey-derived functional food and drinks claiming nutritional benefits remains undimmed despite an overall fall in sales last year for the dairy commodity, says an industry analyst.
Fonterra is launching a new online sales channel for its dairy
commodities which will allow it to respond more quickly to price
changes - and may spur the development of an international dairy
futures or derivatives market.
Dairy commodity costs have surged in the space of just one month to
cap off huge rises in the prices being paid out by processors over
the last year, according to recently published data by DIN
Consultancy.
Nestle yesterday reported organic sales rose by seven per cent in
the first nine months of this year, with the company successfully
managing to offset rising raw material costs by hiking prices.
While conventional dairy processors continue to fret over
increasing prices for milk powder and other ingredients, a leading
US organic group believes that current conditions in the
commodities market will continue to boost industry...
A lesser increase in prices of energy and commodities compared with
2006 will ease the pressure on processors, according to a new
report by Standard and Poor's.
Fonterra, New Zealand's largest dairy co-operative, predicted world
commodity prices would continue rebounding strongly over the next
few months as supply and demand tightened.
The current supply glut on the EU butter market will be solved by
more producers leaving the sector, says a Commission report, again
predicting a move away from commodities across the bloc.
Britain's dairy trade deficit grew again in 2005, highlighting that
the country is still too reliant on lower margin commodity goods,
leaving the domestic market exposed to foreign competition.
The FAO's predictions concerning commodity costs and production
show sustained high prices for milk and growing sugar consumption
in the developing world.
Rising commodity and ingredients prices continue to hit the global
food chain with US food giant Kraft the next in line to be hit by
price pressures suggesting that despite reasonable fourth quarter
figures, the soaring costs are...
Dairy Crest, the UK's leading chilled dairy foods company, has
announced plans to significantly reduce its commodity dairy
ingredients business with the closure of part of its operations at
Chard, Somerset.
