More than a year on from Russia’s invasion of Ukraine, dairy commodity prices have started to recover from the highs experienced in 2022. But as the market adjusts, processors find themselves under increasing pressure to reduce farmgate milk prices.
The two Irish co-ops announced fresh cuts to their farmgate milk prices this week, triggering criticism from the Irish Farmers' Association that price reductions have been ‘immediate and stark’.
The food and beverage giant’s net profits decreased by 45.2%, but operational improvements and demand have boosted infant nutrition sales while dairy reported mid single-digit growth.
The co-op is hopeful however that the supply-demand balance in dairy will be restored this year and expects branded volumes to start growing again from 2024.
From product prototyping to thousands in cash, the new Northeastern Dairy Product Innovation Competition aims to support food innovators looking to launch products that utilize dairy ingredients produced in the US northeast.
The Food Safety and Standards Authority of India (FSSAI) has told food bosses to check if they sell ‘vegan ghee’ or ‘vegan butter’ products, calling branding that contains dairy terminology ‘misleading’.
As feed prices continue to rise, 28 House and Senate representatives have urged the government to introduce relief measures for struggling organic dairies, or risk the industry’s future. We speak to NODPA executive director Ed Maltby to find out more.
Small and mid-sized farmers will have additional time to enrol into the voluntary program, which offers financial support when market volatility seriously impacts milk prices.
N2 Unit turns livestock slurry into nitrogen-rich fertilizer, right on farm. Soon, the system will be produced by GEA and made available to more dairy farmers globally.
The €450m CAP agriculture reserve could be made available to farmers and fertilizer producers affected by high input costs ‘to prevent market disturbances’ and strengthen food security.
A perfect storm of lower production and higher exports and demand has fuelled consumer fears that butter would be of short supply right before the winter holidays. Fear not, says IDFA.
The European Milk Board (EMB) said ‘the foundations of production must be supported’ and urges ‘massive overhaul’ to ensure the sector’s long-term viability.
The organizations call for agri-food production businesses to be exempted from the mandatory energy reduction rules in order to avert ‘serious market and supply chain disruption’.
The co-op has revised its 2023 forecast earnings guidance amid strong demand for dairy and expects ‘an additional positive impact’ if the status quo continues.
In August 2021, Danone North America announced it was severing ties with 89 organic dairies from the northeast. DairyReporter speaks to NODPA’s Ed Maltby to find out where the affected farmers stand one year on.
Fresh milk and butter were key contributors from a list of dairy products that have pushed inflation in the food category, fuelling a higher overall CPI index than analysts had expected.
Farmer-owned cooperative Omsco is launching a new sustainability-focused brand in the UK, Grass Roots Dairy Co. The company tells us the move is about growing the premium organic cheese business and ‘adding value’ to its members milk.
Dairy cooperative FrieslandCamina has completed a series of investments and divestitures as it works to optimise its production network and brand portfolio in the face of ‘great uncertainty’ in the global dairy markets. Developments include the sale of...
US dairy business Stonyfield Organic wants to support the next generation of organic family farmers through a new initiative, ‘Save Gen F’. DairyReporter caught up with Jason Johnson, Farmer Relationship Manager, to learn more about this effort.
Dairy cooperative Arla Foods has warned of a ‘chronic shortage’ of qualified farm workers in the UK, an issue it said is contributing to price inflation in the dairy sector.
Cornish clotted cream producer Rodda’s, one of the UK’s largest milk processors, has adapted its pricing model to support farmers at a time of rising on-farm costs.
A dryer, hotter summer in Europe and a ‘poor finish’ to the New Zealand season is likely to mean dairy commodity supplies remain under pressure, Maxum Foods forecasts.
US dairy has an opportunity to innovate, demonstrate sustainability progress and, ultimately, lead the dairy sector, the Dairy Sustainability Alliance heard last week.
Dairy cooperative Fonterra outlined its strategic innovation priorities – with a focus on nutritional benefits such as ‘cognition, sight and stress’ – as it noted higher milk prices were squeezing the margins of dairy processing business.
New Zealand dairy cooperative Fonterra has lowered its 2021/22 farmgate milk price forecast, blaming global crisis that have had ‘short-term impacts’ on global demand for dairy products.
Dairy innovation that delivers added-value is becoming increasingly important as inflation rises and shoppers look to justify higher prices for products across the board – including for staples, such as dairy, that previously may taken for granted their...
Following the launch of the global Arla Group Future26 strategy, Arla is announcing new growth ambitions in the UK for the next five years – with a heavy focus on strengthening the sustainability, value and efficiency of dairy.
Recent analysis by Kite Consulting in the UK shows dairy farm costs of production will continue to rise considerably in the coming months, with break-even milk prices likely to exceed 40 pence per liter (52 cents) later this year.
The prices of materials often used for flexible packaging continued to accelerate in the final quarter of 2021, due mainly to the spike in energy costs, which began to increase dramatically after August, according to Flexible Packaging Europe (FPE), the...
The Ulster Farmers’ Union (UFU) in Northern Ireland has requested an urgent meeting with dairy processors to address farmers receiving a poor return for their milk, despite dairy commodity prices rising significantly for almost a year now.
Fonterra Co-operative Group has boosted its 2021/22 forecast Farmgate Milk Price range to NZ$8.90 - $9.50 per kgMS (US$5.94-US$6.34), up from NZ$8.40 - $9.00 per kgMS (US$5.61-US$6.01).
U.S. Senator Angus King (I-Maine) is cosponsoring bipartisan legislation that would direct the U.S. Department of Agriculture (USDA) to begin holding Federal Milk Marketing Order (FMMO) hearings by this summer, to give milk producers a greater voice in...
