Monday, November 19, 2018
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Foremost Farms' Doug Wilke and Jeff Kent Promoted to New Roles
Friday, November 27, 2015 (1268 reads)

Foremost Farms USA is pleased to announce two changes to their executive leadership team that will allow them to transform their business to better serve member-owners and cheese and dairy ingredient customers.

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CWT Assists with 5.6 million Pounds of Cheese and Whole Milk Powder Export Sales
Friday, November 27, 2015 (627 reads)

Cooperatives Working Together (CWT) has accepted six requests for export assistance to sell 307,104 pounds (139 metric tons) of Cheddar, Gouda and Monterey Jack cheese, and 5.331 million pounds (2,418 metric tons) of whole milk powder to customers in Asia and South America. 

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USDA: Philippines Continues to be Major Dairy Importer
Friday, November 20, 2015 (804 reads)

The Philippines has remained a major importer of milk powder and other dairy products as less than 1% of its dairy needs are met by domestic production, according to the USDA's Global Agricultural Information Network. US dairy exports to the Philippines were valued at $422 million in last year, an increase of 16% from the previous year. 

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Prices Fall Again at Global Dairy Trade Auction
Friday, November 20, 2015 (761 reads)

The November 17th GlobalDairyTrade auction saw prices plummet for the third auction in a row. The GDT Price Index fell 7.9% to an average price of US$2,345/t. This was a larger fall than the previous two decreases. To-date there has only been eight auctions this year that have seen an increase in the GDT Price Index.

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DFA Acquires Sole Ownership of DairiConcepts
Friday, November 20, 2015 (740 reads)

Dairy Farmers of America (DFA) will acquire 100% ownership of DairiConcepts, its joint venture with Fonterra Co-operative Group Limited. Fonterra will remain a key customer of DairiConcepts, which will operate as a wholly owned subsidiary of DFA. 

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Glanbia to Expand Nutritional Portfolio with thinkThin Deal
Friday, November 20, 2015 (846 reads)

Glanbia is bulking up its US business with the $217 million purchase of a protein bar company. The firm will acquire thinkThin in a deal that analysts say will boost its mass market appeal, and provide another outlet for the company’s whey protein products.  The deal is expected to close by the end of the year. 

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Fonterra Clarifies New GDT Offering of Guaranteed Age at Time of Departure Product
Friday, November 20, 2015 (724 reads)

Fonterra is providing further clarification on its new Guaranteed Age at Time of Departure (Guaranteed ATOD) offering (previously Enhanced Aged) on GDT, to be launched for the December 1st auction. Fonterra’s new GDT offering provides a guarantee of the product age at time of departure. This guarantee is less than 90 days ATOD for Regular WMP and less than 120 days ATOD for Medium Heat SMP. 

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Nick Vanderkolk Appointed Managing Director of HighGround Dairy Asia-Pacific
Friday, November 20, 2015 (932 reads)

Continuing the ongoing investment in the development and growth of global dairy markets, HighGround is pleased to announce that Nick Vanderkolk will be joining the team from December 1st 2015 in the position of Managing Director, HighGround Dairy Asia Pacific, based in the newly established Singapore office.

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California Developer to Reopen Cheese Plant for UHT Milk Production
Friday, November 20, 2015 (803 reads)

A California developer is teaming with dairy businesses to reopen a Lactalis America owned dairy facility that closed in 2013. The former Mozzarella Fresca cheese plant will produce UHT milk products, which will mostly be exported.

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U.S. Milk Production Forecasts Drops
Thursday, November 12, 2015 (967 reads)

The 2015 and 2016 milk production forecasts reported on the November 10th USDA World Agricultural Supply and Demand Report released were reduced from last month as the dairy herd is expected to decline more rapidly from its second-quarter peak and growth in milk per cow in 2015 remains slower than expected.  Imports are reduced on both a fat and skim-solids basis for both years as imports of milk protein concentrates and casein are expected to be lower.  Exports are reduced for 2015 on weaker butter, cheese and whey sales.  Largely uncompetitive prices are likely to limit growth in export sales of butter and to a lesser extent, cheese in 2016, and fat-based exports are reduced.

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