News & Analysis on the Dairy Industry & Markets
Fonterra has announced plans for a NZ$30m ($24m) expansion of the dry distribution centre at its Whareroa processing site in Taranaki, New Zealand – an investment it hopes will improve the deliverability of its products to ports for export.
Lake District Dairy Co. has teamed with Channel 4 chefs the Fabulous Baker Brothers in a campaign to raise the profile of Quark recipes.
Mengniu has launched a general offer to acquire all outstanding shares of Hong Kong-based infant formula manufacturer Yashili International Holdings – the latest move by the company's to increase its interest in rival Chinese firms.
Swiss-Israeli flavours and ingredients house Frutarom wants a greater slice of the global functional foods and drinks market with new investment and initiatives to tap markets like the Americas and Asia and the “sensitive” European market.
US COMMODITIES CORNER
Class III milk prices hit their highest point of the year so far in May 2013 on the back of "escalating" cheese prices. US dairy commodities expert and MilkPrice blogger, John Geuss, has warned, however, that milk prices will drop if high cheese, butter...