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Milk Fortification, Powdered Milk Supply in Ethiopia
Thursday, February 11, 2016 (917 reads)

Asia will remain the main market for dairy products, accounting for some 55 percent of world imports, followed by Africa, with 15 percent. Elevated international prices are projected to reduce imports by Africa as a whole. In Brazil, rising domestic production is expected to lead to imports being displaced. Of the major whole and skim milk powder exporting countries, New Zealand, the EU, Argentina and Australia are anticipated to account for most of the fall in sales.

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Agropur Eyes More U.S. Acquisitions
Thursday, February 11, 2016 (596 reads)

Canada's second-biggest dairy, Agropur Cooperative, said it is looking to grow in the United States, possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals.

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Dairy Industry Partners with NFL for Healthier Kids
Wednesday, February 10, 2016 (563 reads)

US Secretary of Agriculture Tom Vilsack, NFL Commissioner Roger Goodell, and Paul Rovey, dairy farmer and leader of the National Dairy Council (NDC), have announced that the dairy-farmer funded Fuel Up to Play 60 program, along with support from the National Football League (NFL) and the US Department of Agriculture (USDA), will be providing $35 million in grants to food service departments in schools across the country. The grants will provide the schools with funds to perform necessary upgrades to kitchen equipment and infrastructure in order to provide students with better access to healthy foods.


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USDA Projecting An Increase in Milk Production And Lower Prices in 2016
Wednesday, February 10, 2016 (632 reads)

USDA is projecting 2016 milk production at 211.9 billion pounds, up 100 million on the month. The annual price for cheese is now projected at $1.55 to $1.62 per pound and butter is pegged at $1.99 to $2.09. Nonfat dry milk is estimated at $.775 to $.835 cents and dry whey is expected to be between $.23 and $.26. The Class III milk price is seen at $14.05 to $14.75 per hundredweight, with Class IV at $13 to $13.80. All milk for 2016 is estimated at $15.30 to $16 per hundredweight, compared to the January range of $15.35 to $16.15, the 2015 estimate of $17.08 and the 2014 final of $23.97.

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TPP Trade Deal Signed, But Years of Negotiations Still To Come
Friday, February 05, 2016 (632 reads)

The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough negotiations before it becomes a reality.

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December 2015 Dairy Products Production Report
Thursday, February 04, 2016 (560 reads)

According to USDA’s December 2015 Dairy Products report, Dry Whey and Skim Milk Powder both saw increases in production during December 2015 compared to the same period last year, while WPC and Lactose production was down.


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Dairy Prices Continue to Fall at GlobalDairyTrade Auction
Thursday, February 04, 2016 (525 reads)

For the third straight period prices have dropped at the GlobalDairyTrade auction, this time the GDT fell by  7.4 percent. The average auction price fell  to $2,276 a ton at the February 2nd auction. That compared with a 1.4 percent fall in the last auction  and a 1.6 percent drop on January 5. Whole milk powder (WMP), suffered the biggest drop, down 10.4 percent to an average price of $1,952 which are levels not seen since last August’s slump.

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CWT Assists with 597,000 Pounds of Cheese and Whole Milk Powder Export Sales
Thursday, February 04, 2016 (497 reads)

Cooperatives Working Together (CWT) has accepted 8 requests for export assistance to sell 509,268 pounds (231 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 88,185 pounds (40 metric tons) of whole milk powder to customers in Asia and Central America. 

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IDFA CEO and President Connie Tipton Announces Retirement Plans
Thursday, February 04, 2016 (569 reads)

IDFA President and CEO Connie Tipton will retire from the position at the end of the year, she announced at Dairy Forum 2016. She has been with the organization for more than 30 years and succeeded her late husband, Linwood "Tip" Tipton, as president after his retirement. Together they grew membership and strengthened influence in Washington by bringing together the Milk Industry Foundation, the International Ice Cream Association and the National Cheese Institute to form IDFA. 

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Tim Hunt Appointed as General Manager of Rabobank Food & Agri Research
Thursday, February 04, 2016 (598 reads)

Rabobank Australia & New Zealand Group has announced the appointment of Tim Hunt as new General Manager of its Food & Agribusiness Research (FAR) division. Mr Hunt takes on the role after five years with Rabobank in New York, where he served in the international position of Global Strategist – Dairy. In his new role, Mr Hunt will lead Rabobank’s highly-regarded food and agri commodities research team – comprising 10 specialist analysts – in New Zealand and Australia.

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