The California Milk Processor Board (CMPB) has announced a new loyalty program that will allow California residents to accrue rewards from buying fluid milk products. ‘Moo Money’ will run through April.
Powerful establishment has the cards stacked in its favor through margins and scale
Two multinationals have already invested in Indian dairy this year, with January still in play. By such a measure it would appear that the subcontinent market is an attractive place, but foreign majors still have their work cut out for them.
The European Investment Bank (EIB) is providing a €40m ($45.6m) loan to the French dairy cooperative Sodiaal to support the financing of its Research and Development program.
New Zealand dairy company Synlait said it is dropping its milk price forecast for the 2018/2019 season to NZ$6.25 kgMS (US$4.28) from the previously announced NZ$6.75 (US$4.63).
A new processing sequence that prevents high spore counts in milk powder production has been patented in the US. Caloris develop a unique cleaning method that will help reduce the risk of bacterial contamination during manufacturing.
‘Australian supermarket wars could put half of suppliers out of business’
Exactly eight years ago, Australian supermarkets began selling a liter of milk for one dollar (72 US cents). As farmers are getting ready for Australia Day anniversary, the industry continues to reel.
The US government’s partial shutdown has entered its fifth week without a compromise in sight. Dairy farmers, producers and consumers alike are being impacted by the USDA’s and FDA’s limited resources in the interim.
Food-Tech Eurasia, which celebrates its 25th anniversary in 2019, is an annual event in Istanbul that draws visitors from around the world, although mainly from southeast Europe, North Africa and Central Asia.
In a letter penned to President Donald Trump, the American Dairy Coalition (ADC) detailed the current dairy crisis hoping to stop the “hemorrhaging of the US dairy industry.”
Founder hopes initiative will turn into world’s biggest online cattle registry
With its goal of increasing the livelihoods of 1m Indian dairy farmers by 2022, an Australian agri-tech company believes gamifying data analytics is the way to help achieve this goal.
