Tuesday, October 16, 2018
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Why Canadian Producers Aren’t Happy With Imports of U.S. Milk Proteins
Friday, February 27, 2015 (1089 reads)

NAFTA provides unfettered access to Canadian market for U.S. high-protein milk ingredients—at least for now. 

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Whole Milk Powder Volumes Increase On GDT
Thursday, February 26, 2015 (1021 reads)

Fonterra’s final volumes for the March 4 auction are similar to forecast, but with the notable change in contract two (Con2) whole milk powder (WMP).  Fonterra has added 620 tons (extra 18%) to the previous forecast volume for Con2. The volume of WMP on offer remains smaller than the Con2 volume offered at the previous auction.

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Glanbia Eyes Milk Quota Removal Potential With Major Investment
Thursday, February 26, 2015 (985 reads)

With only a few weeks until EU milk quotas are removed, the Irish Dairy industry is priming itself to commence production in a new era for dairy farming. Glanbia Ingredients Ireland (GII) will officially launch its infant-formula-grade greenfield nutritional ingredients plant in Belview, County Kilkenny on March 5. With support from Enterprise Ireland, the €185 million Belview development is the largest single dairy investment in the history of the State and it will contribute greatly to Ireland's export-led recovery. It’s part of a wider €200 million investment program that also includes a new €7.8 million milk protein plant in Co. Cavan, a new butter plant and a new whey protein plant in Co. Kilkenny.

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Global Dairy Crisis Simmers as Supply Overwhelms
Thursday, February 26, 2015 (951 reads)

The weak global dairy market, hit by oversupply and a tail-off in Chinese demand that has driven international milk prices down by around 50 percent, is unlikely to pick up anytime soon, analysts say. China was one of the world’s fastest-growing dairy markets, but consumption there has dried up after earlier high prices cut domestic demand, leaving excess stocks of imported milk powder.

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Dairy Futures on Agenda as EU Poised to End Milk Quotas
Thursday, February 26, 2015 (937 reads)

The abolition of milk quotas in the European Union at the end of March has led to renewed interest in risk management tools such as futures to help manage increasingly volatile dairy prices.

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EU Dairy Export Focus Shifts From Russia to Far East as Supply Rises
Thursday, February 26, 2015 (846 reads)

The European Union is aiming to boost dairy exports to the Far East and parts of Africa as its seeks to cope with increased production and the loss of sales to Russia. Russia had accounted for about 32 percent of EU cheese exports and 24 percent of butter, according to commission data.

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CWT Assists with 2.6 Million Pounds of Cheese Export Sales
Thursday, February 26, 2015 (856 reads)

Cooperatives Working Together (CWT) has accepted 11 requests for export assistance to sell 2.590 million pounds (1,175 metric tons) of Cheddar, Gouda, and Monterey Jack cheese to customers in Asia, Central America, the Middle East, and North Africa. 


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USDA Projects Four Years of Declining Milk Prices
Thursday, February 19, 2015 (1074 reads)

USDA is forecasting a large drop in milk prices this year followed by three years of slower declines before stabilizing. 

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Dairy Prices Rise, Volumes Drop GDT Auction
Thursday, February 19, 2015 (1114 reads)

Dairy prices have risen at Fonterra's latest auction for the fifth consecutive time, although volumes available continued to fall. Fonterra's GDT Price Index climbed 10.1 percent, with an average selling price of $3,366 per ton, in the latest auction held on Tuesday, February 17, 2015. The GDT price index which hit a five-year low in December is now at its highest level since July 2014.

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Congressional Leaders Support Use of Generic Cheese Names
Thursday, February 19, 2015 (893 reads)

The dairy industry has applauded congressional leaders of the Senate Finance, House Ways and Means, Senate Judiciary, and House Judiciary committees for questioning the way a United Nations agency is considering treaty changes that could erode established trademark rights and, most critically, impair the ability of companies all around the world – including in the United States – to use numerous generic cheese names in export markets.

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