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Idaho Is On Track To Become Nation’s Third Largest Milk Producer
Friday, August 29, 2014 (884 reads)


Idaho is on track to surpass New York state as the nation’s third largest milk producer after California and Wisconsin, generating 37 million pounds each day. Since January 2014, Idaho has outpaced New York in milk production and exported $213 million in cheese, dry milk, whey, butter and lactose, a 52% increase from previous years according to the latest state numbers.



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EU Widens Aid to Dairy Exporters Hit by Russia Food Ban
Friday, August 29, 2014 (811 reads)


The European Commission has announced that it will open Private Storage Aid for butter, Skimmed Milk Powder (SMP) and certain cheeses in order to alleviate the impact of Russian restrictions on imports of EU dairy products and to limit the negative effects on the internal market. The Commission has also confirmed that the period for public intervention of butter & SMP will be extended until the end of the year.



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Dairy Leaders Pleased with Newly Unveiled Margin Protection Program for Dairy Farmers
Thursday, August 28, 2014 (864 reads)


The new margin protection insurance program for dairy farmers has been formally unveiled by Agriculture Secretary Tom Vilsack. Industry associations say they are pleased with the overall provisions of the new program, and urged farmers to begin familiIarizing themselves with what will be a “valuable tool” to help manage farms’ financial risks in the future.



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Parmalat Looking To Acquire Brazilian UHT Milk and Cheese Operations
Thursday, August 28, 2014 (813 reads)


Parmalat is nearing a deal to acquire assets from bankrupt Brazilian dairy Lácteos Brasil (LBR). A creditors' meeting has accepted the Italian dairy firm's offer of BRL250m (US$109.3m) for part of the business. The deal will see Parmalat, majority-owned by French dairy group Lactalis, regain full rights to its namesake Parmalat brand for UHT production and distribution throughout Brazil.



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Arla Foods Ingredients Begin Production at New Whey and Lactose Facility
Thursday, August 28, 2014 (806 reads)


Arla Foods Ingredients and German dairy co-operative Deutsches Milchkontor (DMK) have begun production at a new whey and lactose production facility.  ArNoCo will use whey by-products from the cheese-making operations to produce whey protein concentrate ready to be used by the bakery, dairy and nutrition sectors. It will also produce 25,000 tons of lactose annually that will be processed and sold by Arla.



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Tetra Pak To Close Packing Factory in Sweden
Thursday, August 28, 2014 (1117 reads)


Tetra Pak will be closing their packaging factory in Lund, Sweden in February 2015. Tetra Pak reports that the closure is due to carton volumes across Europe which has led to over-capacity in many Tetra Pak facilities in Europe.



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FrieslandCampina Searching For Alternative Markets After Russian Boycott
Thursday, August 28, 2014 (773 reads)


Russia’s boycott of dairy products from the EU and other areas is having an impact on the European dairy sector, leaving companies like FrieslandCampina to search for alternative markets.

 


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Fonterra Invests $555 Million to Build New Dairy Plants in New Zealand
Thursday, August 28, 2014 (871 reads)


Fonterra’s Board has given the green light to build a new high efficiency milk powder drier  in the North Island and further increase milk processing capacity in the South Island to help meet global demand for dairy products. Fonterra’s CEO Theo Spierings said this investment, totaling $555 million, will not only grow the Co-operative’s processing capability but allow for more flexibility to better optimize production.



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Fonterra and Beingmate Partner in China’s High-Value Infant Formula Market
Thursday, August 28, 2014 (829 reads)


Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate intend to form a global partnership that will help meet China’s growing demand for infant formula. The partnership will create a fully integrated global supply chain from the farm gate direct to China’s consumers, using Fonterra’s milk pools and manufacturing sites in New Zealand, Australia, and Europe.



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Michael Doyle Named President and CEO of Foremost Farms USA®
Wednesday, August 27, 2014 (912 reads)


The Foremost Farms USA® board of directors has selected Michael Doyle as president and chief executive officer of the cooperative. Doyle will succeed David Fuhrmann, who will retire at the end of 2014. Doyle is currently the cooperative’s CFO/vice president-finance and has been with the cooperative since 2007.



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