Markets

Out-of-the-box flavors and ingredients are carving out space in healthy dairy products from cheese to beverages.

Latest trends in specialty foods at WFFS

By Beth Newhart

The Winter Fancy Food Show (WWFS) last week featured 1,400 companies and more than 25,000 attendees looking out for the latest trends in food and drink. More functional and plant-based CPGs are on the dairy horizon for 2019.

Irish dairy products showed the best export volume growth in 2018.

Irish dairy exports to the UK grow despite Brexit concerns

By Jim Cornall

Despite a year of global volatility, involving political uncertainty with Brexit, extreme weather events and continuing currency fluctuations, the value of Irish food, drink and horticulture exports to the UK market reached €4.5bn ($5.1bn), an increase...

Chobani dips into non-dairy with new coconut-based line

By Beth Newhart

Greek yogurt giant Chobani has jumped on the popular plant-based wave and introduced a line of non-dairy yogurt alternative drink and cup products. It follows last month’s announcement of Chobani’s significant expansion into kids’ yogurt.

Cargill reports a 20% earnings loss in Q2

By Beth Newhart

Cargill took a hit in its second quarter with a 20% drop in net earnings compared to the year-ago period. It cited a ‘world of uncertainty’ affected by the struggling US dairy industry and lingering trade wars throughout 2018.

Retail sales volumes of all key dairy categories have declined in the US since 2017, excluding natural cheese. Pic: ©GettyImages/sergeyryzhov

Tight margins and bad weather affected 2018 global milk production

By Beth Newhart

Rabobank has published its Dairy Q4 Quarterly report, which states the US saw just 1% growth in milk production in 2018, the lowest year-on-year (YOY) growth since 2013. Milk production was also down in the EU and Australia last year, but rose in New...

FrieslandCampina acquires second US company

By Beth Newhart

The Dutch Royal FrieslandCampina N.V., a global dairy brand, closes out a busy December with the announcement that it has acquired Best Cheese Corporation USA, importer and vendor of specialty cheeses. It’s the second US company it has picked up this...

“This bill is a strong start to addressing the issues our producers are facing right now, particularly our dairy farmers.

Pending farm bill has big implications for dairy

By Beth Newhart

The US is close to passing a landmark $867bn farm bill after months of negotiation and compromise. It has already passed the Senate and the House and is expected to be signed into law by President Donald Trump within the coming days.