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Danone's Nutricia Recalled $25.7 Million of Infant Formula in Fonterra Food Scare
Friday, January 24, 2014 (656 reads)

French dairy giant Danone's Nutricia unit recalled $25.7 million of infant formula from the New Zealand market when it was caught up in Fonterra Cooperative Group's false food alarm last year, according to financial statementsEarlier this month Danone severed its supply contract with Fonterra and filed proceedings in the High Court in Auckland seeking compensation over the recall and served arbitration papers to be heard in Singapore.

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December 2013 U.S. Milk Production Report
Friday, January 24, 2014 (731 reads)

December milk production in the 23 major states was estimated at 15.70 billion lbs., up slightly from December 2012, according to USDA’s monthly Milk Production report. Nationally, December production was estimated at 16.81 billion lbs., which was down slightly from December 2012. 

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Prices Firm on GlobalDairyTrade
Thursday, January 23, 2014 (826 reads)

The January 21st GlobalDairyTrade auction had a largely positive result, with the GDT Price Index rising 1.4%, to 1475. This is the highest level for the index since April of 2013, and follows a period of mostly stable prices for the major milk powders and strong price increases for milkfat products and cheese. 


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CWT Assists with 4.5 Million lbs. of Cheese and Butter Export Sales
Thursday, January 23, 2014 (708 reads)

Cooperatives Working Together (CWT) accepted 13 requests for export assistance to sell 2.028 million lbs. of Cheddar, Gouda and Monterey Jack cheese and 2.457 million lbs. of butter to customers in Asia, Europe, the Middle East and North Africa. The product will be delivered in January through June 2014.

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Vinamilk Gets License to Invest in $23 Million in Cambodia Milk Plant
Thursday, January 23, 2014 (702 reads)

Vietnam Dairy Products JSC (VNM.VH), or Vinamilk, announced it has received a license from the Vietnamese government to invest in a milk processing plant in Cambodia.  Vinamilk said the new plant will produce 19 million liters of liquid milk, 64 million cups of yogurt and 80 million cans of condensed milk annually. 

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Murray Goulburn Sells Out of Warrnambool Cheese & Butter Battle and Accepts Saputo’s Offer
Thursday, January 23, 2014 (674 reads)

Murray Goulburn will sell its stake in Warrnambool Cheese & Butter, netting it around $93 million and officially marking the end of its bid to take control of the dairy producer. In a statement, Murray Goulburn said it would seek approval from the corporate regulator to withdraw its bid and accept Saputo’s offer.

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U.S. Sets Dairy Export Record in 2013
Wednesday, January 22, 2014 (858 reads)

The final numbers won’t be available until February, but one result is already in: The U.S. set a dairy export record in 2013, shipping $6.1 billion worth of product in the first 11 months alone. That’s 17 percent more than the entire year of 2012, and likely to be about 30 percent more, or $6.7 billion total, when the USDA’s Foreign Agricultural Service releases year-end data next month.

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FDA Publishes & Is Fast Tracking the Proposed FSMA Intentional Adulteration Regulations – Is Your Plant Ready?
Friday, January 17, 2014 (798 reads)

The US Food and Drug Administration is increasing the pace of publishing proposed regulations required by the 2011 Food Safety Modernization Act (FSMA). On December 20th, 2013, the FDA released the propose 170 page regulation on Intentional Adulteration (IA), which once finalized sometime in mid-to-late 2014 will give larger dairy plants and those meeting certain criteria to have a formal, written enhanced IA/Food Defense program one year to comply.  

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Dairy Disagreements Continue to Stall Farm Bill Talks
Thursday, January 16, 2014 (694 reads)

It appears the farm bill has hit another snag over a longstanding dispute on dairy policy. House Agriculture Committee Chairman Frank Lucas said in an interview that the biggest sticking point at the moment is the dairy policy. 

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Bega Cheese Agrees To Sell WCB Stake To Saputo
Thursday, January 16, 2014 (747 reads)

Bega Cheese Ltd will walk off with a pile of cash and a kingmaker role in Australia's "dairy wars" after virtually handing control of the country's oldest milk and cheese producer to Saputo. Bega has agreed to sell its 18.8 percent stake in takeover target Warrnambool Cheese and Butter Factory Holdings Co to Saputo Inc. That effectively ends a takeover battle Bega itself started last year but abandoned as bids spiraled.

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