After several months of back and forth following the Dean Foods bankruptcy, the Dairy Farmers of America (DFA) co-op is acquiring a majority of its assets for $433m. Prairie Farms Dairy will also get a portion for $75m.
The coronavirus is upending businesses and economies around the world, and the dairy sector isn't immune. While some aspects of the industry need stability and assistance, others are able to share their wealth and give back.
The National Milk Producers Federation (NMPF) in the US has set up a designated website for those in the dairy industry to utilize during the health crisis. It’s updating regularly with general information, work permit templates and multimedia resources.
Plant-based milk alternative brand Elmhurst 1925 had big plans for Natural Products Expo West before its postponement earlier this month. However, its oat-based single serves, lattes and creamers will still launch in the US on schedule.
California-based dairy Clover Sonoma is making sustainability strides with the launch of a new milk carton made entirely from plant materials. It’s one of the first of its kind in the US and will hit shelves this summer.
Following the worldwide success of oat drinks from Sweden, beverage company Sproud is looking to make peas the next big milk alternative protein source. After the postponement of Natural Products Expo West, it hits the North American market next month.
Following the example of its parent company Danone North America, Horizon Organic has announced a commitment to making its full supply chain carbon positive in the next five years. It will start with a $15m farmer investment.
More than six billion global products use Kezzler’s secure, traceable codes to support authentication and transparency. It believes the food industry is responsible for utilizing technology to keep supply chains safe.
Packaging with QR codes and a new digital platform make up Danone’s Track & Connect service for baby formula products. It is available in China, with launches in France, Germany, Australia and New Zealand soon.
The National Milk Producers Federation (NMPF) wants plant-based dairy alternatives in the US to be barred from using dairy terms in product labeling. But right now it’s not a fair fight, they say, because the focus is not on public health.