Dairy

Milk Moovement will invest the new funds in product development, software enhancements, and international expansion.  Pic: Getty Images/shironosov

Dairy supply company Milk Moovement raises $3.2m for expansion

By Jim Cornall

Milk Moovement, which has developed cloud-based dairy supply chain software, announced the closure of a $3.2m funding round led by Dynamo Ventures, alongside Bread & Butter Ventures, Matchstick Ventures, and Better Food Ventures.

A new report by supply chain assurance company Lloyd’s Register found the beverage industry faces increased fraud incidences and supply chain disruption. Pic: Getty Images/nedjelly

Dairy industry must be alert to global fraud trends

By Jim Cornall

The dairy industry must be alert to fraud and supply chain issues, after a new report, by supply chain assurance company Lloyd’s Register (LR), found the beverage industry is facing increased fraud incidences and supply chain disruption.

packaging.  DuoSmart is a packaging solution that combines the advantages of paper with the functionality of plastic. Pic: Paccor

Paccor adds to DuoSmart packaging solutions for dairy

By Jim Cornall

Paccor is adding new products to its DuoSmart range, with the launch of RecycleDuo and new DuoSmart solutions with rPET (recycled polyethylene terephthalate) or foamed PP (polypropylene) inlets.

The baby care division The division focused on current nutritional trends to expand its portfolio, developing a range based on goat's milk and a vegan infant formula based on GMO-free soya.  Pic: Hochdorf

Profit up despite sales drop at Hochdorf

By Jim Cornall

Swiss company Hochdorf Swiss Nutrition Ltd said during 2020 it largely completed the restructuring it began in summer 2019. The integration of Bimbosan was implemented with its move to Hochdorf in January 2021.

Pic: Saint-Gobain/Gilles Trillard

Saint-Gobain introduces new Versilon dispensing tubing

By Jim Cornall

To preserve fluid integrity in all of its fluid transfer products, Saint-Gobain has developed Versilon SPT-70 FB IB, a new food and beverage dispensing tubing that imparts essentially no taste or odors to the transferred fluids.

Facial recognition software for cows is one of the seven companies participating in the 2021 DFA CoLab Accelerator class.

Ag Tech and dairy companies take part in 2021 DFA CoLab Accelerator

By Jim Cornall

Facial recognition software for cows, nanotechnologies to help treat mastitis and a single-serve, snack-sized cheese bar are among the startup companies convening virtually this week as Dairy Farmers of America (DFA) launches its 2021 DFA CoLab Accelerator...

Pic: Getty Images/AnastasiaNurullina

Ingredion acquires ingredient company KaTech

By Jim Cornall

Ingredion Incorporated, a global provider of ingredient solutions to the food and beverage industry, has acquired KaTech, a privately-held company headquartered in Lübeck, Germany, which provides advanced texture and stabilization solutions to the food...

The company said the proceeds of preferential shares and warrants would be utilized to reduce short-term debt limits and enhance working capital for future growth.  Pic: Getty Images/kanzilyou

Parag Milk Foods launches growth funding plan

By Jim Cornall

Parag Milk Foods Limited, a dairy-FMCG company in India, has announced plans to raise Rs. 316 crores ($431m) by way of preferential issue of equity shares, foreign currency convertible bonds (FCCB) and the issue of convertible warrants.

The funding boost has enabled the firm to purchase and re-locate its main operations.  Pic: Kerr's Family Dairy

Kerr’s Family Dairy set for expansion

By Jim Cornall

Dundee-headquartered Kerr’s Family Dairy has welcomed a £450,000 ($623,400) funding package from Royal Bank of Scotland as the company looks to an expansion across the north-east of Scotland.

Belarus was the main exporter of dairy to Russia in 2020.  Pic: Getty Images/sergeyryzhov

Russian dairy imports drop by 10%

By Jim Cornall

In January 2021, Russian imports of dairy products were 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019.

ColostrumOne can now be added to extruded soft-chews, soft press and baked nutrition bars.  Pic: Getty Images/Kristina Shlimovich

PanTheryx launches new formulations for colostrum ingredient

By Jim Cornall

PanTheryx, the world’s largest colostrum-based nutrition and biotechnology company, has announced three new product formulations for its ColostrumOne bovine colostrum ingredient, including extruded soft-chews, soft press and baked nutrition bars.

The new product is suitable for a variety of formulations including dairy desserts. Pic: Getty Images/time99lek

Ingredion launches new modified potato starch

By Jim Cornall

Ingredion Incorporated, a global provider of ingredient solutions has added ULTRA-TEX 1311 modified potato starch suitable for dairy desserts to its range of potato-based solutions for the US and Canada.

Rabobank says demand will be in the driver’s seat in 2021.

Rabobank sees positive times ahead for dairy

By Jim Cornall

Rabobank said after a whole year of pandemic and lockdowns across the globe, the view of the future is clearer and more hopeful than it has been for months.

In 2020, DFA increased its net income and net sales, primarily due to acquiring a portion of Dean Foods’ assets.  Pic: Getty Images/Joseph Chavez

DFA issues 2020 financial results

By Jim Cornall

Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, has reported its 2020 financial results today for the 12-month period ending Dec. 31, 2020.

The National Dairy Producers Union of Russia (SOYUZMOLOKO) and the Ministry of Agriculture & Farmers’ Welfare of India held a video conference meeting this week.

India and Russia to strengthen cooperation in agriculture

By Jim Cornall

Representatives from business associations, scientific institutions, and government agencies in Russia and India have agreed to deepen relations in agriculture while preparing for the third round of IRSED (the India-Russia Strategic Economic Dialogue),...

Dairy Dialog podcast 123: FrieslandCampina, GoodSport, Warrens

Dairy Dialog podcast 123: FrieslandCampina, GoodSport, Warrens

By Jim Cornall

It’s another three-interview podcast this week, with conversations with Suzanne van den Eshof, global marketing director at FrieslandCampina Ingredients Food & Beverages; GoodSport Nutrition founder and CEO Michelle McBride; and Kevin Quigley, commercial...

Harden replaces Tom Vilsack, who is now secretary of agriculture in the Biden administration.

Krysta Harden named USDEC president and CEO

By Jim Cornall

Dairy Management Inc. (DMI) and the U.S. Dairy Export Council (USDEC) have promoted Krysta Harden from chief operating officer to president and CEO of USDEC.