Markets

Kroger intends to use the after-tax cash proceeds to reduce its debt. Pic: Getty/martinrlee

Kroger completes Turkey Hill sale

By Beth Newhart

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.

The wind industry is expected to deliver more than $85bn in economic activity by 2020.

General Mills signs 15-year deal for wind energy

By Beth Newhart

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.

Plogging combines the benefits of exercise while making the planet healthier. It can be done while walking, jogging, running or hiking. Pic: Silk

Silk makes a bid for ‘plogging’ as an official sport

By Beth Newhart

Silk is leading an effort during Earth Month to make plogging an official sport at the 2028 Summer Olympics in Los Angeles. A combination of jogging and picking up litter, plogging would fit into LA 2028’s goal to be the most sustainable Olympics in modern...

More US dairy exporters are setting up offices in the Asean region. Pic: ©Getty Images/PytyCzech

Southeast Asia now second biggest market for American exporters

China crisis will have positive impact on US Dairy exports to favorite Asian region

By Richard Whitehead

Dairy exports from the US to Southeast Asia have been growing “exponentially”, and will only continue to increase as exporters eye new segments and use the region as a stepping-stone to China while a trade war between the countries rages on.

The UK imports more mozzarella than it exports. Pic: ©Getty Images/kiboka

No-deal Brexit could shred UK mozzarella business

By Jim Cornall

According to AHDB Dairy, under a no-deal scenario, the UK would face the EU common external tariff on any exports sent to the EU, meaning tariffs of €185.20/100kg ($208.50) on mozzarella.

Grant finalists will attend a four-day program in Boulder, Colorado for training on sustainable food systems.

Danone opens applications for new grant program

By Beth Newhart

Danone Institute North America (DINA) will invest in sustainable food system projects through a grant program in the US and Canada. The ‘One Planet. One Health Initiative’ is now accepting proposals.

Five years ago, whole milk only accounted for 30% of retail milk sales. It’s now up to 40%. Pic: Getty/DragonImages

Can whole milk make a comeback?

By Beth Newhart

The National Dairy Council (NDC) has been involved with the fight to bring back whole milk for several years, investing in research on its health benefits.

The DBA met in Madison to discuss the future of Wisconsin's dairy community. Pic: Getty/Sean Pavone

DBA announces legislative and budget priorities in Wisconsin

By Beth Newhart

The Dairy Business Association (DBA), an organization of the Wisconsin dairy community, outlined its legislative and budget priorities for 2019-2020 at a Dairy Day this month, taking place at the Capitol in Madison.

Global economic growth is looking gloomy and the US could see a recession next year. Pic: Getty/nanoqfu

Global milk supply growth has stalled in 2019

By Beth Newhart

The first quarter of the year is coming to a close, and Rabobank has released Q1 2019 numbers from its Dairy Quarterly report. The world’s largest exporters of dairy have stalled in year-over-year milk supply growth, but the US is experiencing a mixed...

Follow us

Products

View more

Webinars