The US Mexico Canada Agreement (USMCA) passed the House in late 2019 and the Senate earlier this month. It replaces the previous North American Free Trade Agreement (NAFTA).
The Specialty Food Association’s (SFA) Winter Fancy Food Show (WFFS) commenced in San Francisco last week. Dairy and non-dairy alternative products from the specialty sector exhibited for the first time in 2020.
On January 1, the limited US-Japan Trade Agreement went into effect, after being signed in early October. It lowers tariffs for American agriculture products, including cheese.
The Dairy Farmers of America is realigning its portfolio of dairy-based ingredients into a new group, DFA Ingredient Solutions. It says this will provide better support for food manufacturers and operators.
A global dairy commodity update from Maxum Foods Pty Ltd shows improving expansion in milk supply for December 2019 and a slowing in trade in milk powders. US cheese retailers are contributing with holiday promotions.
Italian independent brokers of dairy commodities in Europe, L’Interform, have published a report on the potential implications and scenarios of Russia opening up its dairy industry to once more include imports from the European Union.
US dairy numbers from September reveal production was up across the industry when compared to the same time last year. But dairy still shows signs of strain amid bankruptcies and closures.
One of the most well-known dairy companies in the US is prepared to sell its business after years of disappointing numbers. The Dairy Farmers of America (DFA) may be a potential buyer of the Dean Foods assets.
Non-dairy brand Miyoko’s Creamery announced a partnership with Farm Sanctuary to help California dairy farms transition to plant-based operations. They think it’s a win-win opportunity for a sustainable future.
Global dairy markets are expected to remain firm through mid-2020, but Rabobank predicts that the second half of the year will be tighter in the face of a possible global recession.
