Butters & Spreads

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.

Dairy products were among $1.2bn in contracts for distributors, processors and non-profit organizations to deliver food to people in need. 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.

“Today we are finally ending the NAFTA nightmare.

USMCA signed into law by Trump

By Beth Newhart

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).

What’s new from the Winter Fancy Food Show?

What’s new from the Winter Fancy Food Show?

By Beth Newhart

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.

DFA forms new Ingredient Solutions division

By Beth Newhart

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.

EU economic sanctions on Russia are effective until the end of January 2020. Pic: Getty Images/batak1

Could EU dairy exports to Russia resume?

By Jim Cornall

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.

Dean Foods is ‘engaged in advanced discussions’ with the Dairy Farmers of America regarding a potential sale of all company assets.

Dean Foods files for bankruptcy in Texas

By Beth Newhart

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.