International partnerships between the US dairy industry and key export markets have formed six months after USDEC introduced the “The Next 5%”, a strategic export plan targeting an increase of dairy exports from 15% to 20%.
Land O’Lakes’ dairy foods business delivered growth despite some headwinds in US dairy market such as oversupply and new competition throughout the supply chain, posting sales of $3.9bn with pre-tax earnings of $70m for FY17 and delivering $149m back...
The European Milk Board (EMB), responding to French President Emmanuel Macron’s announcement that the milk price will be determined by production costs, has released data from a study it commissioned to look at farmer’s costs to produce milk.
Dean Foods saw its gross profit drop 8% year-over-year to $1.8bn, driven primarily by a 6% decrease in reported volumes and higher mix of private label products, which the company intends to turn around with an enterprise-wide cost productivity program.
After posting impressive results for 2017, Arla Foods amba has come under fire in the UK from the NFU (National Farmers' Union) for dropping the price of milk for its farmers for the third straight month.