Huhtamaki to sell bulk of European rigid packaging ops in cut price deal
Huhtamaki has reached an agreement to sell most of its European rigid packaging operations for €52m as part of an ongoing strategy to offload what it sees as a non-core business.
Dairy Crest announces milk price increase
Dairy Crest UK has announced a 0.5p/litre milk price increase for its suppliers from 1 October 2010.
Prices rebound at latest Fonterra auction
Prices at the Fonterra globalDairyTrade auction have rebounded after two successive months of decline, suggesting renewed firmness in the market.
Commodities to rise but you’ll cope, analyst tells industry
European food manufacturers will experience commodity inflation in the second half of 2010 but it will be more manageable than it has been in the past, predicts an analyst.
Don’t worry about wheat prices: Look at grain stocks
There’s nothing like a shortage of wheat to send some news media searching for superlatives. Talk of “soaring” wheat prices and “rocketing” bread prices were common, in the British press, after Russia decided to temporarily ban grain exports earlier this...
French industry agrees to price increases and competition indicator
French dairy farmers and processors have agreed to a 10 per cent increase in the price of milk for 2010 and have signed a pact to keep prices closer in line with competitor countries.
Fonterra reports slide in auction prices
Prices at the Fonterra globalDairyTrade auction have fallen sharply for the second month running, prompting the dairy to warn farmers of a lower than forecast payout.
Danone: Health claim uncertainty not to blame for share price shake
As Danone’s share price continues to fall three days after its half year results were released, the company cites several potential reasons for the dip but insists that health claims uncertainty is not among them.
Fonterra reports sharp dip in dairy prices
Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased.
Dairy price pressures to ease up end of 2010, Rabobank
As supply increases from producers in the Southern hemisphere and demand growth slows the currently high global dairy prices are expected to ease somewhat, according to market analysts.
FrieslandCampina moves away from commodities
Multinational dairy company FrieslandCampina has revealed its strategy for the coming decade in which it plans to expand globally and shift its focus to three specialised product categories.
Release of SMP intervention stocks could deflate prices
The EU Commission has agreed to start releasing intervention stocks of butter and skimmed milk powder (SMP) sparking some concern that the price recovery could be jeopardised.
Realistic prices needed for European food stability and to safeguard society
Please: A big round of applause for Jozsef Kapuvári. Who? You might well ask. Kapuvári is the author of an EU report that highlights the importance of realistic food prices – not just to underpin the food supply chain but to maintain the fabric of European...
Glanbia revises earnings forecast as dairy prices rebound
Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.
FrieslandCampina reports milk price rally
FrieslandCampina has announced the biggest monthly increase in the guaranteed price for the milk supplied to its farmers so far this year.