Pricing Pressures

Feedback submissions on the proposed changes must be received by June 20, 2018. Pic: ©Getty Images/Freer law

GDT public consultation on rule change proposals

By Jim Cornall

Global Dairy Trade (GDT) is looking for feedback on two proposed changes to the GDT Trading Event Rules, which it says are designed to bring price transparency to more supply regions through increased participation from sellers.

GDT will discuss options at the GDT Events Oversight Board meeting in Shanghai on May 16.Pic: ©iStock/Freer law

GDT halts US lactose sales due to limited demand

By Jim Cornall

Global Dairy Trade (GDT) Events has temporarily stopped the US pool offering lactose to look at ways to improve effectiveness after achieving published prices only three times at auctions since the pool was established less than six months ago.

The inquiry also analyzed the impact on the dairy industry of A$1 per liter milk, first introduced by major retailers in 2011. Pic: ©Getty Images/JohnCarnemolla

ACCC calls for regulations to help dairy farmers

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) has released the final report arising from its dairy inquiry, which includes the key recommendation that a mandatory code of conduct be implemented to improve contracting practices between dairy...

Arla's 'Calcium' cost-cutting program will take effect throughout the company, covering production, products, procurement, promotional marketing and people.

Arla to cut €400m in costs

By Jim Cornall

European dairy cooperative Arla Foods has launched an internal transformation program called “Calcium,” which is set to deliver more than €400m ($492m) of savings by the end of 2020.

NFU Scotland's milk committee chairman said in Mull of Kintyre and Arran cheddar, both creameries are making world-famous cheese and both sites should be hugely attractive to potential buyers.

First Milk to sell two Scottish creameries

By Jim Cornall

UK dairy company First Milk has announced it will be offering its creameries in Scotland, on the islands of Arran and in Campbeltown, for sale, saying the operations need significant investment.

Müller Direct farmers will be offered the option to secure up to 50% of their milk supply at 28ppl fixed price for up to three years, to fulfill Lidl’s requirement for fresh milk. Pic: ©iStock/Tomasz Wyszołmirski

News in brief

Müller offers farmers fixed price following Lidl deal

By Jim Cornall

In the UK, Müller Milk & Ingredients has confirmed details of a new initiative it said will help British dairy farmers manage the impact of extreme farm gate milk price volatility.

There is 'tremendous potential' for US dairy exports, USDEC CEO Tom Vilsack told DairyReporter. ©GettyImages/Waldemarus

CEO Interview

USDEC CEO Tom Vilsack pinpoints US dairy export opportunities

By Mary Ellen Shoup

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%.

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