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Foremost Farms Receives $45M in Tax Credits Wednesday, June 30, 2010 (173 reads)
Foremost Farms USA, a Baraboo dairy cooperative, has been awarded $45 million in New Markets Tax Credits to support an expansion and upgrade at its facilities in Appleton and Richland Center, Wisconsin.
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Market Analysts Perdict Dairy Price Pressures to Ease Up at the End of 2010 Monday, June 28, 2010 (190 reads)
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. They claim that this buoyancy is resulting from factors such as a hike in milk prices on the back of warmer weather in May and higher production output in export regions, the EU releasing intervention stockpiles coupled with a developing premium for powder production over cheese fuelling resurgence in US exports.
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Protein Could Boost Nutritional Profile of Infant Formula Monday, June 28, 2010 (141 reads)
After years of pilot production, Arla Foods Ingredients is commercializing a milk protein, osteopontin, for the infant formula market that is found in high quantities in human milk. Tage Affertsholt from 3A Business Consulting has cited Arla’s commercialization of OPN as an example of infant formula innovation that will help grow sales, and secure a valuable reputation for high quality science.
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New Water Drink Containing WPI Promotes Satiety Friday, June 25, 2010 (170 reads)
A recent study of product launches in the Asia-Pacific region conducted by Datamonitor's Product Launch Analytics highlighted WH2Ole, a line of functional water drinks available in New Zealand, which are said to aid the feeling of fullness. The drink contains 5 grams of protein, including whey protein isolate, and 1.5 grams of fiber per 500ml serving.
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Top German Dairy Producer Plans Merger Thursday, June 24, 2010 (131 reads)
Directors of Germany’s largest dairy company, Nordmilch, and Humana MilchIndustrie have proposed a merger to aid survival in a competitive international market.
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Eco-Targets Extended to Cover All Dairy Products Thursday, June 24, 2010 (125 reads)
The UK’s industry-led Milk Roadmap to reduce the environmental impact of the dairy supply has been extended to cover all dairy products. The scheme, launched in 2008, was broadened having only been applicable previously to the liquid-milk supply chain, which accounts for around 50 percent of production in the sector. “The subsequent success of the initiative has encouraged the industry to extend the approach and targets to all products, including cheese, yogurt, butter, milk powders etc., “ states Dairy UK spokesperson Sam Fortescue.
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Chinese Companies Climb Top-20 Dairy List Thursday, June 24, 2010 (156 reads)
Asian dairies have made the biggest gains in a list of the top-20 dairy companies compiled by Rabobank. Based entirely on dairy sales figures in 2009 financials and M&A transactions up to June 2010, the list gives a snapshot of the competitive positions of the leading dairy companies.
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Danone and Unimilk Sign Russian Merger Deal Thursday, June 24, 2010 (104 reads)
Danone and Unimilk have agreed to merge their Russian and CIS dairy businesses to create a new entity with annual sales of about €1.5bn. The deal will give the Danone-Unimilk business a leading position in the CIS region, especially in Russia, where it will have a 21 percent market share.
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