Milk

China Youran Dairy Group Limited debuted on the Hong Kong Stock Exchange last week. Pic: Getty Images/fazon1

Youran Dairy completes Hong Kong listing

By Jim Cornall

China Youran Dairy Group Limited, China's largest integrated upstream dairy player by revenue, debuted on the Hong Kong Stock Exchange on Friday, June 18, 2021.

Located in Kaduna State, the 200-hectare farm, scheduled to open in 2022, will have housing for 400 dairy cows, modern milking parlors and technology, grass lands and living facilities for 25 employees.  Pic: Arla Foods

Arla builds dairy farm in Nigeria to support local milk production

By Jim Cornall

Farmer owned dairy co-operative Arla Foods will build a commercial dairy farm in Northern Nigeria where it will also train and support up to 1,000 local dairy farmers as part of its long term commitment to public private partnerships that support the...

SIG’s aluminum-free combibloc ECOPLUS solution is now available in the combiblocMidi family format, enabling dairy customers to choose the squarish pack and tap into demand for more sustainable packaging at the same time.  Pic: SIG

SIG extends aluminum-free packaging formats

By Jim Cornall

SIG’s aluminum-free combibloc ECOPLUS solution is now available for the combiblocMidi family format, enabling dairy customers to choose the squarish pack and tap into demand for more sustainable packaging at the same time.

Maxum Foods said the arrival of some warmer weather (it will never last, at least in the UK) means EU milk output is expected to grow a little faster.

Maxum Foods looks at June dairy markets

By Jim Cornall

In its monthly update on the global dairy commodity markets, Maxum Foods said global market fundamentals remain mostly supportive of prices, as milk production in the northern hemisphere goes through its peak, while the improving Covid situation allows...

The new OmyaPET is an opacifier for the production of white opaque PET bottles or white opaque BOPET film and ensures a lower environmental footprint in, for example, UHT milk bottles.

Omya launches OmyaPET

By Jim Cornall

Swiss industrial mineral provider Omya International AG has launched OmyaPET, a new product family of functionalized calcium carbonates for PET applications.

The deadline for application is June 25, 2021.

California dairy innovation contest returns

By Jim Cornall

The California Milk Advisory Board (CMAB) is bringing back its annual dairy innovation competition with a new name and increased focus on functional dairy product development.

Australia's dairy code came into effect in January 2020.  Pic: Getty Images/Bina Taylor

ACCC urges dairy code compliance as deadline looms

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) is urging dairy farmers and processors to be aware of their rights and obligations under the Dairy Code of Conduct ahead of the approaching June 1 deadline for publishing next financial year’s...

Arla has set a climate target of reducing CO2e emissions by 30% in 2030 and has an ambition of becoming carbon net zero by 2050. Pic: Arla

Arla green bonds snapped up

By Jim Cornall

Danish-headquartered dairy cooperative Arla has issued its first green bonds to help finance the transition towards a climate friendly future.

Lactoferrin is a core ingredient in infant formula, but it can also be used in a range of other applications. Pic: Getty Images/kitthanes

Milk Specialties Global begins lactoferrin production

By Jim Cornall

Milk Specialties Global, an international whey and milk protein producer, is entering the lactoferrin market following a multi-million-dollar investment at the company’s Fond Du Lac, Wisconsin, facility.

The EMB General Assembly took place online this year. Pic: EMB

EMB says future of milk depends on more young farmers

By Jim Cornall

At its biannual General Assembly, which was a digital event this spring, the long-term survival of European milk production was the main topic for the producers coming together as members of the European Milk Board (EMB).

The group said the proposal, Class III Plus, aims to define a better Class I pricing system. Pic: Getty Images/Matt Anderson

Dairy farmer groups propose Class III Plus for better milk pricing

By Jim Cornall

Four US Midwestern dairy groups have announced a Federal Milk Marketing Orders (FMMO) proposal aimed at creating long-term stability in fluid milk pricing and reducing the likelihood of negative producer price differentials that cut into farmers’ revenue...

CMAB created and sourced custom, portable cooler-bags, which are insulated and able to hold up to two crates of milk. Pic: CMAB

Pilot milk cooler bag program launches in California schools

By Jim Cornall

California dairy farmers and processors, with the support of the California Milk Advisory Board (CMAB) and Dairy Council of California (DCC), are aiding schools in the central and southern regions of the Golden State through a pilot program that supplies...

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.

getty | tatiana

Lactoferrin market set to surpass €265 million by 2027

By Nikki Hancocks

The global Lactoferrin market size is set to surpass €265 million (315 million USD) by 2027, thanks to its increasingly relevant links to infant nutrition, immune health, the microbiome, and skin health, according to Global Market Insights, Inc (GMI).

Dairy Dialog 128: Danone, Kerry, Veolia

Dairy Dialog podcast 128: Danone, Kerry, Veolia

By Jim Cornall

This week, we have three interviews on the podcast. We have conversations with Shannon Coco, strategic marketing director, food at Kerry North America, and Logan Cisewski, RD&A senior scientist at Kerry; Tim Duret, director of sustainable technology...

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.

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 board of directors has proposed the distribution of a dividend of €12.5m ($14.9m).  Pic: Granarolo

Granarolo meets 2020 financial targets

By Jim Cornall

Italian dairy company Granarolo S.p.A. said despite the challenging and complex nature of 2020, the company met its profitability targets.