Tensions rise over US dairy subsidies
America's dairy industry has ripped into the Bush administration's
'ineffective' spending plans for the sector, warning the proposals
will not help domestic farmers or improve prospects of a world
Another victory for Parmalat
Parmalat has been awarded €25m from Banca Popolare di Milano as
part of its ongoing fight to recover money from financial
institutions allegedly implicated in the firm's collapse.
Healthy promise prompts Danone Japan buyout
French dairy group Danone has bought complete control of its
Japanese joint venture, lured by the promise of riches from rapidly
growing consumer demand for healthy dairy products.
Retailers 'receptive' to milk price increases
Supermarkets in the UK have softened their stance on farmgate milk
prices in recent weeks, as public scrutiny of the dairy supply
chain has grown.
Petition keeps UK dairy farmers in the spotlight
Public pressure on UK supermarkets and dairy firms over farmgate
milk prices grew this week when a consumer group handed a petition
to Parliament, calling for government action.
Danone announces Thailand cooperation
Danone, the world's leading dairy producer, has announced plans to
work alongside a local counterpart Dutch Mill Co. to distribute and
manufacture a range of fresh dairy products within Thailand.
Arla seals UK buyout deal
Arla Foods, the Scandinavian dairy group, has signed a deal to
buyout its UK subsidiary for nearly £213m, following concerns about
the firm's performance last year.
EC approves Arla dairy acquisition
The EC has finally approved Arla's proposed acquisition of Finnish
firm Ingman Foods.
French milk producers pile on pressure
Milk producers in France have used an industry meeting to call for
higher farmgate prices and again condemn cuts over the last five
years, revealing ongoing tension between farmers and dairy firms in
Arla closes in on UK subsidiary, as shares leap
Talks that could see Scandinavian dairy group Arla Foods buy out
its UK subsidiary were at an advanced stage Monday, the firm
reported, as investors appeared to back the move.
Parmalat settles with Deloitte
Parmalat has reached a settlement with Deloitte & Touche and
Dianthus over their role in the accounting scandal of 2003.
Fonterra appoints European dairy distributor
Univar food ingredient brand Fiske has been appointed the European
distributor for international dairy giant Fonterra.
Drought blights Australian dairy exports
Australia's dairy industry may see export earnings drop by more
than 24 per cent to under A$2 billion (€1.2bn) in 2006-07 because
of drought, potentially causing global prices to rise.
EU food and drink industry trends review
The CIAA end of year review of the European food and drink
industry's performance underlines again how significant the
industry is to the EU economy.
Milk Link buys out Glanbia to lead UK cheese
UK dairy co-operative Milk Link has consolidated its position in
the country's cheese market after buying out partner firm Glanbia
from The Cheese Company.