Data from the Wisconsin Department of Agriculture revealed that a record 10% of dairy farms in Wisconsin shuttered last year. It topped 2018’s loss of 7.25%.
Demand is growing on home soil, as well as through China’s newly open trade route
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.
Spring Sheep Dairy NZ Limited Partnership (Spring Sheep) said that it is seeking a Strategic Demand Partner to assist the growth of its products, particularly in Asia and China.
The Dairy Farmers of America is realigning its portfolio of dairy-based ingredients into a new group, DFA Ingredient Solutions. It says this will provide better support for food manufacturers and operators.
To contribute to the growing demand for infant formula products, Ausnutria and Trivium are set to start construction on a new joint venture facility at Ausnutria’s production site in Heerenveen, the Netherlands.
The US House of Representatives passed the new trade deal between the US, Mexico and Canada (USMCA), with big implications for dairy. The bill will be voted on by the Senate early in the new year.
Fonterra has purchased the minority interest in Prolesur, held by Fundación Isabel Aninat (the Fundación), as the New Zealand cooperative looks to streamline its operations in Chile.
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 co-founder and former CEO of dairy brand Stonyfield Organic, Gary Hirshberg, has joined Hälsa Foods as an investor and chairman. Hälsa produces Scandivaian-style, oat-based milk and yogurt alternatives.
