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.
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.
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.
Australian Dairy Farms Group recently announced it would be converting all its dairy farms to organic production, as it seeks to expand from the conventional milk market to higher-value segments.
Working with DMI, McDonald’s has launched three dairy items as part of the dairy checkoff, a national program that aims to increase sales and demand for dairy products in the US.
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%.
Dean Foods has ended some of its milk procurement contracts with more than 100 dairy farms, mainly due to a surplus of raw milk in the US at a time when US consumers are drinking less fluid milk.
Foremost Farms received a $12m bond from the Michigan Strategic Fund (MSF) to support construction of a 55,000-square-foot dairy processing plant in west central Michigan, estimated to cost $57.9m.
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.
The Australian Competition and Consumer Commission (ACCC) has expressed concerns over the proposed acquisition of the assets of Murray Goulburn by Canadian company Saputo.
More than 6,000 Pizza Hut locations in the US are adding 25% more cheese to its pan pizzas, requiring an additional 150m lbs of milk annually to meet the change, Dairy Management Inc. (DMI) said.
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.
