Dairy Farmers of Britain (DFOB), one of the UK's largest milk
processors, announced last week that it is to increase the price it
pays farmers for their milk, with a number of major processors
likely to follow suit. But will...
Prices for a number of key food ingredients in Russia have risen in
January and February, according to a recent survey, and supply
difficulties are expected to keep costs high for the foreseeable
future, reports Angela Drujinina.
Global cheese prices rose to new highs last year and are expected
to remain firm this year, backed by strong demand in consuming
regions and stagnant output among exporting countries such as
Australia, reports Anand Krishnamoorthy.
Arla Foods UK, the UK subsidiary of Danish-Swedish dairy
co-operative Arla Foods, announced yesterday that it is to put its
milk prices on hold - a move which will appease British dairy
farmers and also temporarily heal a long-running...
Against the backdrop of soaring prices for locust bean gum, getting
the best price for the customer is a challenge hydrocolloid
producers must meet if they want to ensure ongoing contracts,
reports Lindsey Partos.
The United Nations' food agency has singled out burgeoning demand
in Asia as contributing to the overall international price increase
of dairy products, but remains confident that prices will begin to
stabilise in 2005, Tom Armitage...
Robert Wiseman Dairies announced earlier this week that it is to
provisionally slash the amount it pays for UK dairy farmers' milk,
a move which will undoubtedly lead to further price skirmishes in
the UK milk market, as Tom...
Reform of the European Union's milk policy will mean a drop in
prices for skimmed milk powder, prompting Danish dairy group Arla
to take action to counter the expected decrease.
Brazil, a leading exporter of soybeans and key competitor with the
US, is worried that rising production costs for soybeans could eat
into local farm profits next season, while global stocks rise,
according to fresh figures from the...
Rising commodity and ingredients prices continue to hit the global
food chain with US food giant Kraft the next in line to be hit by
price pressures suggesting that despite reasonable fourth quarter
figures, the soaring costs are...
The promotion of renewable energy is adding significantly to
processing costs, according to an industry body that represents
major energy consumers such as food packagers and chemical
processors.
UK farming union pleas calling on dairy companies and cooperatives
not to talk down the market may fall on deaf ears, as indicators
from Australia suggest the global economy is dictating farm gate
prices.
The increase in milk prices in the US - has been spurred by a storm
of factors across the country. Analysts are blaming low production
on the discovery of Canadian BSE, the high price of animal feed and
even the revolution of low-carb...
Uncertainties over milk purchasing levels and payments caused by
the financial crisis at dairy giant Parmalat is forcing southern
European farmers into a race to secure guaranteed sales that may
quickly put pressure on milk prices.
Farmers in the UK have again been urged to cut the level of milk
production by the milk year-end in March or face a 'super-levy'
from the European Union.
First milk, the 4,000 strong farmer owned co-operative, has
received a 0.9 pence per litre increase on milk that farmers within
the group produce. This move brings the standard production price
offered for milk up to 18.43 pence per...
The ongoing heated debate in the UK that addresses the issue of
growing multiple retailer power in terms of milk pricing reached an
agreement for many farmers last night.
The debate over UK milk prices last week took a step up in
intensity. The Environment, Food and Rural Affairs Committee
announced its plans to carry out an inquiry aimed at bridging the
gap between retail prices and production prices...
First Milk, the 4,000 strong UK co-operative, intends to secure an
increase of milk prices for dairy farmers. The group said that it
will deliver an 'ardent push' which it hopes will result in an
increase of two pence per...
An MP from North Wales has urged the government to take note of
angry Welsh dairy farmers who he says will take to the streets if
retailers do not offer them more money for milk production.
Members of the National Farmers Union in the UK this week
demonstrated outside Dairy Crest cheese manufacturing and
distribution sites to call for a 2p per litre rise in the price
producers receive.
The National Farmers' Union (NFU) has said that the whole milk
supply chain must demand price increases from its customers if
farmers are to receive an increase in farm gate prices.
Irish dairy group Glanbia has reached a settlement with the Irish
competition authority over allegations concerning the fixing of the
retail price of milk.
Dairy Crest, the UK's leading chilled dairy foods company, has
announced plans to significantly reduce its commodity dairy
ingredients business with the closure of part of its operations at
Chard, Somerset.
RhodiaFood, part of French speciality chemicals company Rhodia,
recently announced that it would hike up the price of its Rhodigel
food grade xanthan gum by 10 per cent.
Swiss co-operative retailer Migros has cut the price of its leading
milk brand Past to reflect recent cuts in the cost of milk
introduced by its suppliers and remain competitive.
The price of dairy products across the globe are expected to rise
moderately over the course of the next few months due to the
prolonged drought in Australia.
Speculation on milk prices is keeping them at an artificially low
level and could cause the collapse of the Spanish dairy sector,
warns the organisation which represents the interests of some of
Spain's smallest farms.
Dairy farmers in UK received a boost this week with the decision of
several retail groups to increase milk prices. But the long term
problems will remain unless the middle men - milk processors - can
be persuaded to pay more for their...
In a bid to provide a wide range of dairy products at competitive
prices, food manufacturers in Canada are demanding a freeze on the
price for industrial milk.