Consolidation

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.

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