Saputo intends to pull the plug on its European operations after just seven years on the continent – citing a lack of “short to mid-term opportunities” to ensure profitability.
Arla Ingman – Arla Foods’ Finnish business – seriously considered abandoning the country’s fresh milk market over the “unfair and illegal” pricing policy practiced by industry rival Valio.
Dairy Crest has announced a board and senior management shake-up – a move the British dairy processor anticipates will lead to cost savings of at least £5m per year.
Arla Foods is claiming a UK first – a milk supply contract that is fully compliant with all the aspects of the Dairy Industry Voluntary Code of Best Practice on Contractual Relationships.
Farmers for Action (FFA) has threatened a fresh wave of processor-targeted demonstrations across the UK if efforts are not made to increase farm gate milk prices.
Canadian dairy giant Saputo has announced plans to pursue “additional efficiencies and decrease costs” across its business after announcing only marginally improved profits for the last three months of 2012.
In part two of his January 2013 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on falling cheese and butter prices, and a look ahead to the next few "financially difficult" months.
Inventories of butter and cheese grew in January as supply outweighed export demand - causing prices to decrease. Is this a bad omen for 2013, or will exports recover quickly? US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...
UK dairy processors are being urged to implement the Dairy Industry Code of Best Practice on Contractual Relationships and increase their farm gate milk prices – or face being named and shamed.
The proposed adoption of supply management measures represents a “real threat” to the growth of the European dairy sector, the European Dairy Association (EDA) has claimed.
Dairy Farmers of America (DFA) has agreed to pay $158.6m to settle a 2007 lawsuit that alleged it conspired with Dean Foods and others to suppress raw milk prices across 14 Southeast US states.
In part two of his December 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, cheese and butter prices, as well as the "positive" impact of the recent 'fiscal cliff' deal.
US dairy commodity prices dropped in December 2012, but low inventories and high exports have left the market still looking "healthy." US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com a breakdown of US dairy commodity...
Irish dairy export prospects remain “generally positive” going into 2013 despite a fall in dairy and ingredients exports in 2012, research by Bord Bia (the Irish Food Board) has found.
US Congress has cleared a bill that will extend the government’s current milk-buying programme - effectively preventing a steep increase in the price of dairy products.
In part two of his November 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, butter and "rapidly" falling cheese prices, as well as a look ahead to December.
US cheese prices remain high at more than $2 per pound (lb), but are 'falling rapidly' - an unexpected result considering October's 'tight inventories.' US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...
The “scale and scope” Dairy Crest’s current efforts to restructure its lagging Dairies and Spreads businesses has been “overlooked”, according to stock brokerage Panmure Gordon.
DSM has developed a new yogurt culture - DelvoYog Very Mild - which delays the onset of post acidification, assuring “optimal taste and texture” throughout the shelf life of yogurt products.
More than 3,500 farmers staged a two-day protest at the European Parliament in Brussels in an effort to call attention to low milk prices - which they claim do not cover the cost of production.
Müller Dairy and Müller-owned Robert Wiseman Dairies will increase their farm gate milk price to 30.5 pence per litre (ppl) by February 2013 in an effort to meet the rising cost of milk production.
A US lawsuit alleging that the practice of killing cows to increase the price of milk – known as ‘herd retirement’ – violates anti-trust laws will go to court after a motion to dismiss the case was rejected.
In part two of his October dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on cheese and butter demand and quick look ahead to November, December and the coming year.
US milk protein prices increased by 13% in October. But does the price increase have the momentum to carry milk protein prices to the "exceptional highs" of 2008? US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...
European Commission (EC)-issued milk quota penalties could impact the production of milk and leave dairy processors short, according to the European Dairy Association (EDA).
Danone must cut the prices of its branded dairy products significantly in parts of Europe to compete with lower-price private label brands, French banking giant Societe Generale has claimed.
In part two of his September dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.om the latest on cheese, butter and milk solids demand and a look ahead to October.
Milk prices have continued to increase in the US, hitting $19 per hundredweight in September. But will the positive impact on dairy sector cash flow outweigh the long term negative effect on consumption? US commodities expert and MilkPrice blogger, John...
The global dairy market appears to be headed into another period of milk “supply scarcity” in the next 12 months as production growth begins to slow in the world’s major export regions, Rabobank has claimed.
Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on global dairy prices.
FrieslandCampina has proposed the introduction of an independent milk price for organic dairy farmers – in line with growing European demand for organic dairy products.
The recent UK milk price increases announced by processors should not be considered a recovery milestone, but a well-timed PR opportunity, a European dairy analyst has claimed.
Müller Dairy UK and Müller-owned Robert Wiseman Dairies have promised a “substantial increase” in the price they pay to their dairy farmer suppliers for milk.
The Swiss government is considering implementing production quotas across the Emmentaler supply chain, in an effort to keep manufacturers of the iconic cheese and their milk suppliers afloat.
Dairy Crest has expressed confidence in delivering higher milk prices for its farmers in coming months – the latest move by British dairy processors to regain dairy farmer trust following this year’s milk price protests.
The rush to build new capacity in the US yogurt sector - largely driven by the Greek yogurt boom - could put pressure on prices in the short term, although things should even out over time, predicts Yoplait-maker General Mills.
Ice cream prices have risen by more than a quarter over the past five years and sales volumes have declined, but most Europeans still consider ice cream an affordable treat, according to new research from Mintel.
In part two of his August US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on cheese demand and a look ahead to September and beyond.
As a result of increased and unexpected US demand for cheese and butter in recent weeks, milk prices in the country have jumped by more than a dollar per hundredweight. US dairy commodities expert and MilkPrice blogger, John Geuss gave DairyReporter.com...
Arla Foods UK has increased the standard price it pays to dairy farmers for milk and adopted a new, more transparent milk pricing and sourcing model in an effort to “build confidence in the British dairy industry.”
Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.
Robert Wiseman Dairies has launched an initiative with dairy farmers to increase the transparency of how it determines its farm gate milk prices (FGMP).
Recent months have seen images of protesting farmers, tractors blockading dairy plants and retailer boycotts – all as a result of UK processor plans to reduce the price they pay to dairy farmers for their raw milk.
The Federal Milk Marketing Order July announcement of Class and Component Prices showed expected increases. What was unusual was that every parameter was up.
Canadian dairy giant Saputo has reported a profit decrease of more than CAD$6m for Q1 fiscal year (FY) 2013, attributing the result to a fall in the average price of cheese in the United States.
Dairy Crest has been praised for its “Churchillian” decision to defer its planned raw milk price reduction while it continues talks with protesting farmers.
