US President Donald Trump is due to visit India next week, and early reports speculated the announcement of a new trade deal between the two nations. Trump now anticipates a ‘big deal’ later this year.
Norwegian dairy company TINE said it will be looking at the viability of some of its facilities as it announced expected losses in 2019 in spite of cost savings and growth in flavored milk and cheese.
US president to travel to Delhi later this month to reopen negotiations
A feeling of victory among the Indian dairy industry has turned into one of tension as it anticipates a visit by the American president, who is expected to come armed with a new trade deal.
Some top priorities for US dairy farmers in 2020 are future planning, risk management and secure milk supplies. All were examined at the Dairy Business Association’s (DBA) Dairy Strong conference in Wisconsin in January.
Goat infant formula was the "most profitable" segment for Bubs Australia in the last quarter, up 118%, with its home market performing well amid a sales decline in China.
At the International Dairy Foods Association’s (IDFA) Dairy Forum this week, president and CEO Michael Dykes spoke of the challenges facing US dairy, including product innovation, milk bankruptcies and setting the industry up for a sustainable future.
The US Mexico Canada Agreement (USMCA) passed the House in late 2019 and the Senate earlier this month. It replaces the previous North American Free Trade Agreement (NAFTA).
Ice-cream and frozen-dessert manufacturers in India are facing difficulties in finding skimmed milk powder (SMP), as stock is not available in the market and there is sudden hike in its unit price.
After months of uncertainty, the US Mexico Canada Agreement (USMCA) has officially passed the US House and Senate. President Donald Trump said he will sign it into law next week.
After coming to a verbal trade agreement in December, President Donald Trump and General Secretary Xi Jinping signed the first installment of the deal on Wednesday.
Row over palm oil sustainability leads to threat of raised dairy tariffs
Away from the more headline grabbing US-China trade dispute, a less glamorous one has also been taking place between the corridors of Brussels and Jakarta.
The National Milk Producers Federation (NMPF) projects that the USMCA bill will pass the Senate soon, followed by a greater focus on agriculture labor, transportation and infrastructure and childhood nutrition this year.
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%.
