Friday, September 21, 2018
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Farm Sector Income Is Forecast to Decline in 2009
Monday, August 31, 2009 (2067 reads)


Net farm income is forecast to be $54.0 billion in 2009, down $33.2 billion (38 percent) from the preliminary estimate of $87.2 billion for 2008. The 2009 forecast is $9 billion below the average of $63.2 billion in net farm income earned in the previous 10 years.



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China To Launch New Food Safety Standards
Monday, August 31, 2009 (1673 reads)


China is drafting a detailed new system of food safety standards in a bid to bring them line with international regulations and restore the country’s battered reputation on the issue.



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Fonterra To Open Up Auction Of Whiole Milk Powder
Monday, August 31, 2009 (1973 reads)


Fonterra officials say the company will open its global dairy trade auction to other companies, but they will not say when. Fonterra has been blamed for deflating international milk prices through its auctions of whole-milk powder, which it started in July 2008.



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NDM Inventories Respond to Higher Support Prices and new DEIP Awards
Friday, August 28, 2009 (1681 reads)


Sales of NDM to the government resumed August 24th as manufacturers have sold 2,005,000 lbs. of NDM to the Commodity Credit Corporation (CCC) under the Dairy Products Price Support Program.



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Cal Poly Professor Named President Of American Dairy Science Association
Friday, August 28, 2009 (1551 reads)


Phillip Tong, dairy science professor and director of Cal Poly's Dairy Products Technology Center, was recently named the 93rd president of the American Dairy Science Association. Tong was installed as the leader of the 103-year-old group at the organization's joint meeting with the American Society of Animal Science and Canadian Animal Science, held the week of July 13 in Montreal.

 



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USDA Announces New Global Agricultural Trade System
Thursday, August 27, 2009 (1756 reads)


The U.S. Department of Agriculture's Foreign Agricultural Service (FAS) recently launched an enhanced U.S. foreign agricultural trade searchable database called the Global Agricultural Trade System (GATS). "We are pleased to offer our numerous customers this upgrade to enhance the availability of trade data," said FAS Administrator Michael Michener. "GATS will prove to be an incredibly valuable tool for quickly and easily performing research and analysis on U.S. trade data."
 



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Glanbia Ingredients Affected by Higher-Than-Market Input Costs
Thursday, August 27, 2009 (1624 reads)


Dairy ingredients dragged down the first half of 2009 for Glanbia’s Dairy Ireland division, as sale prices dropped but the price paid to milk suppliers was above the market low.



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Food Prices Likely to Start Ticking Up
Thursday, August 27, 2009 (1642 reads)


Prices for beef, milk, eggs and some other grocery items have been dropping for several months, providing relief for consumers who suffered through the steep increases of a year ago. But prices are likely to start edging upward again as the economy recovers, according to a new federal report and economic analysts.



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European Dairy Industry Loses Market Share But Stays Competitive
Wednesday, August 26, 2009 (1627 reads)


The EU dairy industry is losing market share but added value gains and improvements in labor productivity are compensating for the retreat, according a new report carried out for the Commission.



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Agriculture Secretary Vilsack Establishes Dairy Industry Advisory Committee and Requests Nominations
Wednesday, August 26, 2009 (1916 reads)


Agriculture Secretary Tom Vilsack has announced that as part of USDA’s continuing efforts to listen to and respond to the needs of producers in the dairy industry he is moving forward on establishing the Dairy Industry Advisory Committee and is requesting nominations.



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