Markets

Grupo Lala's profits as reported were up by 13.4% compared to 2017, and milk remained the top-earning segment of the business.

Blue Diamond Almond Breeze products are coming to Mexico

By Beth Newhart

Grupo Lala announced this week that it reached a deal with Blue Diamond Growers to distribute Blue Diamond Almond Breeze almond beverages in Mexico. It also released fourth-quarter and full-year financial reports from 2018.

Dean Foods plans to invest in its core capabilities, technology, infrastructure, people and systems.

Sharp loss in profit forces Dean Foods to consider sale

By Beth Newhart

A disappointing fourth quarter for Dean Foods rounded out an under-performing 2018, causing the dairy giant to explore alternatives in its ‘business transformation.’ It is considering a joint venture, business combination or even a sale.

Antica Luna is supplying cheeses to the food service industry, including hotels and restaurants in Bangkok. Pic: ©Getty Images/Kinwun

One town boasts two artisanal cheesemakers, though locals couldn’t give a hoot

Who said there’s no decent cheese in Thailand?

By Richard Whitehead

Thailand isn’t well regarded for dairy consumption, never mind production, so it might be surprising that a small city in the country’s heartland is building a reputation for its cheesemaking.

Ice cold: winter ice cream round-up

Ice cold: winter ice cream round-up

By Beth Newhart

Freezing temps across the US haven’t discouraged ice cream brands from expanding their portfolios. From boozy flavors to low-cal pops, here are the freshest launches within the US frozen dessert category.

Arla Foods CEO Peder Tuborgh, Chairman Jan Toft Nørgaard and CFO Natalie Knight answer questions at the 2018 annual results press conference.

Arla pays out all 2018 profits to farmers

By Beth Newhart

In its 2018 wrap-up report, Arla Foods announced that it would pay out its full net profit for 2018 of €290m ($329m) to farmers. It also discussed the progress of in-house cost-savings program Calcium and pending sustainability efforts.

General Mills expects the plant closure to cost roughly $130m.

General Mills to shutter yogurt plant in California

By Beth Newhart

General Mills is focusing on ‘restructuring actions’ in its yogurt business and closing a facility in Carson, Calif. The company also reaffirmed its end-of-year financial targets at an investor conference in New York.

NMPF writes letter of support to Chobani in plant-based debate

By Beth Newhart

National Milk Producers Federation (NMPF) president and CEO Jim Mulhern wrote a letter this week to Hamdi Ulukaya, CEO of Chobani. It expressed support of Chobani’s position in the ongoing debate of plant-based foods using dairy terms in labeling.

As GHG emissions go down, butter prices could go up

By Beth Newhart

The EU uses environmentally friendly fuels like ethanol and biodiesel to reduce greenhouse gas emissions (GHGs). But the vegetable oils that make up EU biodiesel are facing high demand and a higher carbon tax, resulting in price increases for butter.