Consolidation

Wisconsin lost nearly 1,500 dairies in two years, despite the industry's significant contribution to the state's economy. Pic: Getty/Dcwcreations

More than 800 Wisconsin dairies closed in 2019

By Beth Newhart

Data from the Wisconsin Department of Agriculture revealed that a record 10% of dairy farms in Wisconsin shuttered last year. It topped 2018’s loss of 7.25%.

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.

With the 2020 US election looming, the US dollar is expected to be volatile and affect global dairy. Pic: Getty/sergeyryzhov

Higher dairy prices are on the horizon

By Beth Newhart

As the year's fourth quarter wraps up, Rabobank's RaboResearch looks back on global dairy's performance in 2019, and ahead to 2020. Milk production and prices are up, leading to challenges for producers.

The deal is being reviewed by legal channels, and has not yet been signed by officials in either country. Pic: Getty/Christoph Burgstedt

US reaches new trade deal with China

By Beth Newhart

The US government announced a ‘Phase One’ trade deal on Friday that stipulates China will make substantial purchases of US goods and services in the coming years, including from agriculture.

Nestlé USA is the second largest ice cream manufacturer in the US, and Froneri will now be the second largest ice cream manufacturer in the world.

Froneri scoops Nestlé’s US ice cream division for $4bn

By Beth Newhart

Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.

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.

Q3 marked a year since Glanbia's acquisition of SlimFast in 2018. Pic: SlimFast

Glanbia’s dairy soars while performance nutrition takes a hit

By Beth Newhart

In Glanbia’s third quarter results, the global nutrition group announced total revenues were up 16.9% with strong numbers from its Nutritional Solutions (NS) division. But Performance Nutrition (GPN) struggled despite key acquisitions.

Trade tensions between the US and China have finally started to ease, but US consumers might see the tariffs reflected in retail prices soon. Pic: Getty/Lumineux_Images

Dairy prepares for potential 2020 recession

By Beth Newhart

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.

The former co-CEOs plan to ‘stay close’ to the brand as board directors and investors, working on innovation and brand storytelling.

Yasso opens new HQ in Colorado with fresh leadership

By Beth Newhart

As a Greek yogurt-based ice cream alternative, Yasso has grown to be a nationally distributed better-for-you dessert. Now the brand is handing off its leadership to a new management team and opening a headquarters in Boulder, Colorado.

Clover has been selling products in South Africa since the late 19th Century.

Milco/Clover merger approved after improvements made

By Jim Cornall

South Africa’s Competition Tribunal has approved the merger of Milco SA (Pty) Ltd and Clover Industries Ltd, subject to employment, local procurement of bulk juice concentrate, and information sharing conditions.

Bellamy’s will become an indirectly wholly-owned subsidiary of Mengniu after the proposed acquisition.

Mengniu looks to buy Bellamy’s

By Jim Cornall

China Mengniu Dairy’s board has entered into a Scheme Implementation Deed with Australian infant formula maker Bellamy’s.

Halo Top acquired by Blue Bunny producer

By Beth Newhart

Wells Enterprises has announced its purchase of light ice cream company Halo Top. Wells already manufactures popular dessert brands like Blue Bunny, Bomb Pop and Chilly Cow.

Milco SA plans to delist the company from the Johannesburg Stock Exchange (JSE) if the deal is approved.

Clover and Milco hearings continue

By Jim Cornall

The hearing into the proposed merger transaction, whereby Milco SA (Pty) Ltd (Milco) seeks to acquire Clover Industries Ltd (Clover), resumed on Monday, September 9, 2019, South Africa’s Competition Tribunal says.

 “We want an ongoing relationship with China. We are in this for the long haul.

USDEC positive after China visit in spite of new tariffs

By Beth Newhart

Over the weekend, US president Donald Trump put into effect a new round of tariffs on Chinese goods, while the US Dairy Export Council (USDEC) visited Chinese officials to preserve its relationship with China.

Large scale operations in new areas are driving US milk production. Pic: Getty/Yauhen Akulich

Are Idaho and Texas the future of US dairy?

By Beth Newhart

More milk production is happening on fewer farms, and large-scale operations have expanded into non-traditional markets. Rabobank’s latest report on the changing US dairy landscape examines the biggest challenges.

“It is vital that consumers have transparency and awareness of the quality dairy products available to them.

‘Mozzarella’ protected for global cheese use

By Beth Newhart

The European Union’s effort to take sole ownership of common cheese terms based on origin has ended in an agreement, protecting the fate of ‘mozzarella’ around the world.

“We expect to see further growth from acquisitions, with a long-awaited shift in the top three of the global ranking likely.

Rabobank publishes Dairy Top 20

By Beth Newhart

Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.

The proposed acquisition would combine processing plants of the second and third biggest buyers of raw milk in Tasmania.

ACCC expresses concerns over Saputo cheese business acquisition

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) said it has preliminary competition concerns about Canadian dairy company Saputo’s proposed acquisition of the Tasmanian-based cheese business of competitor Lion Dairy & Drinks.

Dairy farmers called the picnic setting “casual, comfortable and efficient,” for fostering discussions. Pic: DBA

DBA ‘policy picnics’ bolster member engagement

By Beth Newhart

This summer, the Dairy Business Association (DBA) has hosted ‘policy picnics’ in collaboration with the Edge Dairy Farmer Cooperative. The member events brings together the dairy community during a time of economic stress.

Synlait has taken over management and operational control of Talbot Forest Cheese. Pic: Synlait

Synlait completes Talbot Forest Cheese acquisition

By Jim Cornall

Synlait has completed the acquisition of selected assets from fellow New Zealand company Talbot Forest Cheese. The acquisition includes the property, plant and equipment at the Temuka site, along with the consumer cheese brand (Talbot Forest Cheese)....

Shareholder farmers in the former coop have received a cash payment of NZ$3.41 (US$2.24) per share, a 10-year guaranteed competitive milk payout, and guarantees all milk will be collected.

Done deal: Westland takeover by Yili completed

By Jim Cornall

China’s Yili Group has completed the purchase of all of the shares in New Zealand’s Westland Co-operative Dairy Company after final details of the sale were completed today.

The St. Albans board of directors will become part of DFA’s Northeast Area Council. Pic: Getty/Georgy Rozov / EyeEm

DFA closes merger with St. Albans Co-op

By Beth Newhart

The Dairy Farmers of America (DFA) started the process of merging with the St. Albans Cooperative Creamery in June; the deal closes this week.

“The details we announced today ensure farmers will not stand alone in facing unjustified retaliatory tariffs.

USDA releases new farm aid details

By Beth Newhart

A $16bn aid package for US farmers was first announced in May. Last week Secretary Sonny Perdue gave more details about how and when the funding will be divided up.

Grupo Lala has been setting its sights on more premium products, like Promised Land's high-protein and high-calcium milk.

Grupo Lala’s Q2 shows growth in US premium products

By Beth Newhart

Mexican dairy producer Grupo Lala's 2019 second quarter sales netted 14,467m pesos ($758m) in Mexico, a 3.9% increase from Q2 2018. The company cited “innovation and an improved mix” of its ‘value-added dairy’ offerings as reason for the jump.

The merger created 35 local jobs and the dairy will house nearly 4,500 cows.

Ohio dairy partnership will supply Danone

By Beth Newhart

McCarty Family Farms and VanTilburg Farms have teamed up to open a new dairy in Mercer County, Ohio, which will supply milk to Danone North America.

Ornua’s Nantwich cheese ingredients facility produces multiple grated and diced cheese formats, a range of sliced cheese and delicatessen blocks and is the home of the Spinneyfields foodservice cheese brand. Pic: Ornua

Ornua to close Whitchurch facility

By Jim Cornall

Following a major review of its European ingredients’ operations, Ornua has announced a proposal to close its Whitchurch site in the UK and transfer the production currently undertaken there to its Nantwich cheese ingredients facility.

Lactalis Group acquired Ehrmann Commonwealth Dairy, the US yogurt business of Ehrmann AG.

Lactalis busy with North American acquisitions

By Jim Cornall

Following the purchase last week of Kraft Heinz natural cheese activities in Canada, French dairy company Lactalis has further dipped into the market by acquiring the US yogurt division of Ehrmann AG.

Hochdorf took over Bimbosan in 2018 as it focuses on its baby care division.

Hochdorf realigns business

By Jim Cornall

Following its Annual General Meeting on April 12, 2019, the Board of Directors of Swiss dairy company Hochdorf Holding Ltd, together with the senior management team, has reviewed the Group's direction and the positioning of its subsidiaries.

DFA chose its accelerator startups based on innovation potential and

DFA wraps up accelerator and merger deal

By Beth Newhart

In late June the Dairy Farmers of America (DFA) started a merger with St. Albans Cooperative Creamery. It also held the Demo Day for six agriculture and dairy startups in its third annual accelerator.

Westland chairman Pete Morrison said that while Westland will cease to be a cooperative, the board believed the proposed deal is the best outcome for shareholders.

Westland no longer a cooperative as shareholders support Yili deal

By Jim Cornall

Shareholders of New Zealand Westland Co-Operative Dairy Company Limited have overwhelmingly voted in favor of the Scheme of Arrangement under which shares in Westland are to be acquired by Jingang, a wholly owned subsidiary of Inner Mongolia Yili Industrial...

On April 15, 2019, Saputo Inc. completed its acquisition of Dairy Crest.

Dairy Crest becomes Saputo Dairy UK

By Jim Cornall

Following its acquisition by Canadian dairy company Saputo Inc., UK company Dairy Crest has changed its name to Saputo Dairy UK.

Saputo has made five acquisitions in the last 13 months, bumping up its revenue. Pic: Getty/haurashko_ksu

Saputo’s annual revenue jumps 17% after three acquisitions

By Beth Newhart

Saputo Inc. reported its latest fourth quarter and fiscal year results, ending March 31. It completed a series of acquisitions last year that contributed to higher revenue, while low cheese prices and struggles with the Canadian dollar hurt overall earnings.

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