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Staying Engaged in Dairy Ingredients Innovation
Friday, January 30, 2015 (1436 reads)


In the competitive world of consumer food products, dairy and food companies are continually looking for the next innovation that will help drive their growth and profitability. For dairy ingredients suppliers, improving overall product efficiencies and yields allows them to be more cost competitive in offering dairy ingredients.  Alternatively, suppliers that can offer new or improved dairy ingredients have the potential to offer attractive value-added options for product developers which could command higher prices with greater profitability.    



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Fonterra Reduces Forecasted Auction Volumes
Friday, January 30, 2015 (763 reads)


Fonterra has slashed the volume of product that it plans to offer on GDT over the next six months. The volume of whole milk powder (WMP) to be offered has dropped by 15% or 24,470t to 135,680t. 



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MilkPEP 'Get Real' Campaign Tapping Social To Battle Misconceptions
Thursday, January 29, 2015 (642 reads)


The dairy industry has a new social media campaign to promote positive information about milk and increase consumer interest in the product. The campaign looks to improve sales amid increased availability of milk alternatives and other nutritional options. Total milk sales volume fell 12% since 2009, according to Euromonitor International.



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Canadian Dairy Support Price of Skim Milk Powder Drops
Thursday, January 29, 2015 (907 reads)


The Canadian Dairy Commission (CDC) has announced that it will reduce support for skim milk powder (SMP) effective March 1, 2015. The move is unprecedented, where previously prices had continuously increased. 



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CWT Assists with 846,575 Pounds of Cheese and Butter Export Sales
Thursday, January 29, 2015 (690 reads)


Cooperatives Working Together (CWT) has accepted requests for export assistance to sell 405,651 pounds (184 metric tons) of Cheddar and Gouda cheese and 440,925 pounds (200 metric tons) of 82% butter to customers in Asia, the Middle East and Central America. 



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China's Dairy Imports for 2014
Thursday, January 29, 2015 (786 reads)


China’s dairy imports during 2014 were at record levels for whole milk powder (WMP), skim milk powder (SMP), and cheese. Remarkable first and second quarter imports eventually lead to oversupply and a collapse to prices and imports. WMP imports in the first and second quarters of 2014 were 72% and 76% higher than imports in 2013. A similar trend was seen in SMP, where first and second quarter imports were up 100% and 62% year-on-year respectively. 

 
 


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Arla Foods Inaugurates New German Facility To Boost Dairy Processing Capabilities
Thursday, January 29, 2015 (756 reads)


European dairy cooperative Arla Foods has officially inaugurated a brand-new production area at its German site in Pronsfeld, near Bitburg-PrĂ¼m in the Eifel district. After approximately three years of planning and construction, Peder Tuborgh, CEO of Arla Foods, along with the Chief Minister of Rhineland-Palatinate, Malu Dreyer, joined forces to inaugurate the new production systems. A total of about €110 million ($125 million) was invested in the construction of a new milk drying tower, a new creamery and additional milk preparation and processing capacity. 



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Dairy Prices Should Recover in Second Half of 2015
Thursday, January 29, 2015 (796 reads)


While not a certainty, global milk prices are likely to recover beginning in the third and fourth quarter of 2015, stated Tim Hunt, global dairy strategist for Rabobank at the 2015 Dairy Forum in Boca Rotan, Florida.



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December U.S. Milk Production Up 3.2%
Friday, January 23, 2015 (805 reads)


Nationally, December milk production was estimated at 17.32 billion lbs., up 3.2% from December 2013, according to USDA’s monthly report, released January 22, 2015. December milk production in the 23 major dairy states totaled 16.24 billion lbs., up 3.2% from December 2013. Cow numbers in those states was estimated at 8.611 million head, 107,000 head more than December 2013, and 16,000 head more than November 2014. Production per cow averaged 1,886 lbs. for December, 35 lbs. more than December 2013. This is the highest production per cow for the month of December since the 23-state series began in 2003.



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Whole Milk Powder Up 3.8% at GlobalDairyTrade Auction
Friday, January 23, 2015 (794 reads)


Fonterra’s Global Dairy Trade for dairy products saw prices rise by 1.0% in the latest auction, which took place Tuesday, January 20, 2015. The last three GDT auctions have now yielded positive results. The overall average price was $2,758 per ton. 



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