Butters & Spreads

Unlabeled dairy products will be banned in the EAEU once the legislation is passed. Pic: Getty Images/Evgeny Gromov

news in brief

EAEU reaches arrangement on introducing dairy product labeling

By Jim Cornall

The Council of the Eurasian Economic Commission (EEC) said it has reached fundamental arrangements on introducing the labeling of certain dairy products as the Eurasian Economic Union (EAEU) member states – Russia, Belarus, Armenia, Kyrgyzstan and Kazakhstan...

ERS data show American dairy per capita consumption is increasing each year. Pic: Getty Images/bernardbodo

IDFA says USDA data show Americans eating more dairy

By Jim Cornall

New data from the USDA Economic Research Service (ERS) on annualized per capita consumption of dairy point to cheese, butter and yogurt categories driving growth in the dairy sector, which reached a record high in 2019.

Aluminum lidding sealing to glass. Pic: Chadwicks

Chadwicks sees challenges and opportunities for dairy packaging

By Jim Cornall

COVID-19 has created widespread economic uncertainty resulting in many sectors critically reviewing their business models. The dairy packaging sector is no exception and across the supply chain companies have had to innovate and respond quickly to changes...

Yili has overtaken Danone to become the most valuable dairy brand in the world, as well as claiming second position in the overall Brand Finance Food 50 2020 ranking.

Yili tops Brand Finance list of world’s most valuable dairy brands

By Jim Cornall

The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...

PDFL manufactures yogurt, full cream powdered milk, skimmed powdered milk, instant full cream powdered milk, UHT milk, ghee, and butter oil.

Lato Milk expands to new African markets

By Jim Cornall

Pearl Dairy Farms Limited (PDFL), which counts the Lato Milk brand as part of its portfolio, is expanding its footprint to Ethiopia, South Sudan and Malawi thanks to the Africa Continental Free Trade Area (AfCFTA) agreement.

The EDA is hoping tariffs on European cheese can be lifted.

EDA part of coalition urging EU and US to end aircraft trade disputes

By Jim Cornall

Following last week’s USTR announcement and in view of the forthcoming WTO report on the Boeing case, 14 EU associations, including the European Dairy Association (EDA), have called on the EU and US to de-escalate the ongoing aircraft disputes and remove...

Ornua's brands include Pilgrims Choice and Kerrygold. Pic: Ornua

Ornua Foods UK issues financial report

By Jim Cornall

Ornua Foods UK, the UK’s largest supplier of British and Irish cheese, has published its operating and financial results for year ended 2019.

Rørosmeieriet manufactures organic dairy products. Pic: TINE

TINE sells Rørosmeieriet stake

By Jim Cornall

Norwegian dairy company TINE has sold its stake in organic dairy company Rørosmeieriet AS to the investment company Salvesen & Thams.

The new name takes effect on July 6.

INTL FCStone rebranding to StoneX

By Jim Cornall

INTL FCStone Inc., a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, is rebranding the firm as StoneX Group Inc.

Dairy Dialog podcast 86: Tate & Lyle, Royal DSM, Crisp. Pics: (Computer) Getty Images/simpson33; (field) Tate & Lyle; (pizza) Royal DSM

Dairy Dialog podcast 86: Tate & Lyle, Royal DSM, Crisp

By Jim Cornall

On this week’s Dairy Dialog’s podcast, we have three guests: Anna Pierce, director of sustainability at Tate & Lyle; Bob Savage, product application expert, cheese, at DSM; and Are Traasdahl, co-founder and CEO of Crisp. We also have our weekly look...

The variation in relaxing of COVID-19 restrictions will ensure varied rates of recovery in foodservice sales while business and tourism travel will remain minor until late in 2020.

Maxum publishes global dairy commodity update for June

By Jim Cornall

Dustin Boughton, procurement director at Maxum Foods in Australia and New Zealand, says dairy markets turned the corner in May with improving demand as COVID-19 lockdowns started to ease in most regions while milk output slowed in the US and EU.

Pic: Getty Images/Maksymowicz

DBA and Edge support government moves

By Jim Cornall

The Dairy Business Association and Edge Dairy Farmer Cooperative in the US have announced their support of the Agriculture Department for awarding $317m in contracts to purchase milk and other dairy foods for struggling Americans.

The latest update is dominated by responses to the coronavirus crisis.

Maxum issues May global dairy commodity update

By Jim Cornall

Dustin Boughton, director of procurement at Australian and New Zealand dairy ingredients suppliers Maxum Foods, says dairy markets are starting to come off the bottom of a deep trough due to decreased demand for cheese and butterfat from the closure of...

A potential global recession could keep dairy product prices and farmgate milk prices under pressure into 2021.

Declines in dairy, Rabobank forecasts

By Jim Cornall

The North American RaboResearch team has issued an update report focusing on how the processing and distribution segments of the food supply chain are responding to the dislocation in food demand due to the coronavirus crisis.

Coronavirus dominates the April dairy news. Pic: Maxum Foods

Maxum Foods issues April global dairy commodity update

By Jim Cornall

Dustin Boughton, procurement, at Maxum Foods, says dairy markets continue to experience deep impacts from COVID-19 through lockdowns of people in many major countries, disrupting trade and shutting large segments of the food market to consumers.

DFA to purchase a portion of Dean Foods’ assets for $433m

By Beth Newhart

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 recruitment drive is due to strong consumer demand for dairy products like fresh milk, yogurts and butter.

Müller launches major recruitment drive in UK

By Jim Cornall

Müller UK & Ireland has launched a significant recruitment push for up to 300 additional key workers to help feed the UK as the country tackles the coronavirus pandemic.

The EDA is looking to the European Commission to act on several recommendations for dairy products.

EDA looks to keep dairy open despite coronavirus challenges

By Jim Cornall

In an open letter sent out to the EU Commission, European Parliament’s COM AGRI and EU Member States’ / UK Agricultural Counsellors, Alexander Anton, secretary general of the European Dairy Association (EDA), set out an assessment of the current situation...

Dairyworks supplies New Zealand consumers with cheese, butter, milk powder and ice cream.

Synlait receives approval for Dairyworks acquisition

By Jim Cornall

Synlait Milk Limited says the Overseas Investment Office in New Zealand has granted consent under the Overseas Investment Act 2005 to its purchase of the shares in Dairyworks Limited.

“We aren’t going to stop change, and we aren’t going to stop technology.

IDFA zeroes in on next-gen, and ‘making what we can sell’

By Beth Newhart

At the International Dairy Foods Association’s (IDFA) Dairy Forum this week, president and CEO Michael Dykes spoke of the challenges facing US dairy, including product innovation, milk bankruptcies and setting the industry up for a sustainable future.

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