Markets

The group said the proposal, Class III Plus, aims to define a better Class I pricing system. Pic: Getty Images/Matt Anderson

Dairy farmer groups propose Class III Plus for better milk pricing

By Jim Cornall

Four US Midwestern dairy groups have announced a Federal Milk Marketing Orders (FMMO) proposal aimed at creating long-term stability in fluid milk pricing and reducing the likelihood of negative producer price differentials that cut into farmers’ revenue...

Dairy Dialog podcast 131: DSM, Milk Moovement, Sealed Air

Dairy Dialog podcast 131: DSM, Milk Moovement, Sealed Air

By Jim Cornall

This week, we have conversations with Jon King, COO of Milk Moovement; Evandro Oliveira de Souza, business lead cheese at DSM Food Specialties; and Matt Baldock, business development manager for food packaging at Sealed Air. We also have our weekly look...

CMAB created and sourced custom, portable cooler-bags, which are insulated and able to hold up to two crates of milk. Pic: CMAB

Pilot milk cooler bag program launches in California schools

By Jim Cornall

California dairy farmers and processors, with the support of the California Milk Advisory Board (CMAB) and Dairy Council of California (DCC), are aiding schools in the central and southern regions of the Golden State through a pilot program that supplies...

Milk Moovement will invest the new funds in product development, software enhancements, and international expansion.  Pic: Getty Images/shironosov

Dairy supply company Milk Moovement raises $3.2m for expansion

By Jim Cornall

Milk Moovement, which has developed cloud-based dairy supply chain software, announced the closure of a $3.2m funding round led by Dynamo Ventures, alongside Bread & Butter Ventures, Matchstick Ventures, and Better Food Ventures.

Process Expo will take place in the South Hall of McCormick Place, Chicago, from November 2 to 5.  Pic: Getty Images/stevegeer

Process Expo changes 2021 dates

By Jim Cornall

The US’ largest trade show showcasing all aspects of the food and beverage processing and packaging industry has announced new dates and halls for the 2021 event.

Facial recognition software for cows is one of the seven companies participating in the 2021 DFA CoLab Accelerator class.

Ag Tech and dairy companies take part in 2021 DFA CoLab Accelerator

By Jim Cornall

Facial recognition software for cows, nanotechnologies to help treat mastitis and a single-serve, snack-sized cheese bar are among the startup companies convening virtually this week as Dairy Farmers of America (DFA) launches its 2021 DFA CoLab Accelerator...

Belarus was the main exporter of dairy to Russia in 2020.  Pic: Getty Images/sergeyryzhov

Russian dairy imports drop by 10%

By Jim Cornall

In January 2021, Russian imports of dairy products were 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019.

Rabobank says demand will be in the driver’s seat in 2021.

Rabobank sees positive times ahead for dairy

By Jim Cornall

Rabobank said after a whole year of pandemic and lockdowns across the globe, the view of the future is clearer and more hopeful than it has been for months.

The National Dairy Producers Union of Russia (SOYUZMOLOKO) and the Ministry of Agriculture & Farmers’ Welfare of India held a video conference meeting this week.

India and Russia to strengthen cooperation in agriculture

By Jim Cornall

Representatives from business associations, scientific institutions, and government agencies in Russia and India have agreed to deepen relations in agriculture while preparing for the third round of IRSED (the India-Russia Strategic Economic Dialogue),...

Harden replaces Tom Vilsack, who is now secretary of agriculture in the Biden administration.

Krysta Harden named USDEC president and CEO

By Jim Cornall

Dairy Management Inc. (DMI) and the U.S. Dairy Export Council (USDEC) have promoted Krysta Harden from chief operating officer to president and CEO of USDEC.

WMP and SMP accounted for 79% of the quantity traded.

GDT publishes annual report

By Jim Cornall

Global Dairy Trade has published its 2020 Annual Report, providing key trading statistics for the year.

Pic: Getty Images/pichet_w

More than 40 dairy company deals in 2020

By Jim Cornall

Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more takeovers....

In 2020, 33% of Ireland’s total food and drink exports headed to the UK.

Irish dairy exports to UK declined in 2020 says Bord Bia report

By Jim Cornall

New figures released in the annual Bord Bia Export Performance and Prospects report 2020/2021 show exports of Irish food, drink and horticulture to the UK declined by 5% in 2020, with a value of €4.3bn/$5.2bn (compared to €4.5bn/$5.5bn in 2019).

Fabrice Cavallin, Nestlé’s managing director, donating a mini cooler to a Sri Lankan Nestlé dairy farmer. Pic: Nestlé

Nestlé helping Sri Lankan dairy farmers

By Jim Cornall

In Sri Lanka, Nestlé has facilitated the first commercial silage enterprise in the North Western Province, to help dairy farmers in the region have uninterrupted access to feed and improve the quality and supply of local milk.

Arla has set a goal to have 10% of all retail sales across core European markets come from e-commerce. Pic: Arla Foods

Arla Foods to supercharge sales in E-commerce

By Jim Cornall

Arla is fast tracking its plans to become European dairy market leader for e-commerce and aims to double its sales via its customers’ online platforms to €600m ($729m) across Europe.

The cooperative laid out five key legislative focus areas during its annual meeting. Pic: Getty Images/Maksymowicz

Edge Dairy Farmer Cooperative lays out legislative priorities

By Jim Cornall

Edge Dairy Farmer Cooperative said it will push in the next congressional session for a new farmworker visa, expanded free trade agreements and a leading role for farmers in developing environmentally focused policies, among other priorities.

Starbucks has formalized its 2030 environmental goals to cut its carbon, water, and waste footprints by half. Pic: Starbucks

Starbucks joins US dairy Net Zero initiative

By Jim Cornall

The Innovation Center for U.S. Dairy has announced Starbucks’ intent to support the Net Zero Initiative (NZI), a partnership of the US dairy community seeking to achieve net zero greenhouse gas emissions, optimize water usage and improve water quality...

If the US and Canada cannot resolve US concerns through consultations, the US may request the establishment of a USMCA dispute settlement panel. Pic: Getty Images/Lemaniah

USTR takes action against Canada for ‘undermining US dairy farmers’

By Jim Cornall

The U.S. Dairy Export Council (USDEC), the National Milk Producers Federation (NMPF), and Edge Dairy Farmer Cooperative have all supported the announcement that the U.S. Trade Representative (USTR) will initiate official consultations with Canada to examine...

Organizers hope the event can be held later in the year.

UK Dairy Expo 2021 postponed

By Jim Cornall

Harrison & Hetherington, organizers of the Borderway UK Dairy Expo, have postponed the event scheduled to take place in March 2021.

Camelicious, based in Dubai, is the world's largest producer of camel milk.

Report shows extent of dairy industry in Dubai

By Jim Cornall

A recent report issued by the Business Registration & Licensing (BRL) sector of Dubai Economy said that the Emirate of Dubai has 583 local and international companies engaged in dairy production and industry such as yogurt; natural butter; cheese;...

Canada's dairy sector supports more than 221,000 full-time jobs.  Pic: Getty Images/Rowena Kong

Canada announces investments to support supply-managed dairy farmers

By Jim Cornall

The Honourable Marie-Claude Bibeau, Canadian Minister of Agriculture and Agri-Food, has announced a package that delivers on the Government of Canada's commitment to compensation for the market access concessions made under the Canada-European Union...