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UN Strengthens Regulations on Lead in Infant Formula and Arsenic in Rice
Thursday, July 24, 2014 (707 reads)

UN food standards body the Codex Alimentarius Commission has adopted new standards to protect consumer health worldwide, including setting out maximum acceptable levels of lead in infant formula and of arsenic in rice. 

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CWT Assists with 4.3 Million Pounds of Cheese and Whole Milk Powder Export Sales
Wednesday, July 23, 2014 (626 reads)

Cooperatives Working Together (CWT) has accepted 17 requests for export assistance to sell 3.646 million pounds (1,654 metric tons) of Cheddar cheese, and 661,387 pounds (300 metric tons) of whole milk powder to customers in Asia, Europe, North Africa, Central and South America and Oceania. 

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Chinese WMP Imports Still Strong In June
Wednesday, July 23, 2014 (711 reads)

Although there has been speculation that China’s volume of dairy imports were set to decline in 2014, the pace of imports of milk powder during the early months of 2014 continue to grow. In the July 2014 World Markets and Trade report released by USDA, imports of skimmed milk powder (SMP) through May are up nearly 89 percent to 131,000 tons and imports of whole milk powder (WMP) are up 70 percent to 487,000 tons. 

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Agropur Acquires Davisco Foods International
Wednesday, July 23, 2014 (745 reads)

Agropur, Canada's largest dairy cooperative, and Davisco Foods International, a US-based cheese and dairy ingredients company, announced they have entered into an agreement for Agropur to acquire the dairy processing assets of Davisco. The acquisition is targeted to close August 1, 2014, subject to satisfaction of customary closing conditions. This transaction will double Agropur's US processing operations and will increase its global milk intake by 50%. It will also strengthen its position in the North American and international dairy industries.

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Fonterra Sees Promise as EU Deregulates Dairy
Wednesday, July 23, 2014 (814 reads)

European Union members will no longer face limits in dairy production as the quota system, which has regulated production for 30 years, comes to an end next year. New Zealand-based Fonterra embraces the change as a move supporting free trade, despite the fact that they expect to face more competition as EU countries produce more milk, according to Lukas Paravicini, Fonterra's chief financial officer. 

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Global Milk Production Expected to Reach 928 Million Tons by 2023
Wednesday, July 23, 2014 (701 reads)

Global milk production is expected to reach 928 million tons (901 billion liters) by 2023, an increase of 180 million tons on current levels, according to the latest Agricultural Outlook produced by the OECD and FAO.

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Danone to Buy 40% Stake in Kenyan Dairy Company
Wednesday, July 23, 2014 (721 reads)

Danone will purchase a 40% stake in Kenya's Brookside Dairy Limited, marking the French company's entrance into one of the largest milk markets in Africa. Danone is expanding into new markets to help offset slow growth in Europe and China. Danone currently earns 7% of its sales in Africa, where the company has invested more than $1.35 billion over the last two years. 

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Global Dairy Trade Auction Hits 18-Month Low Plunging 8.9%
Thursday, July 17, 2014 (751 reads)

Prices on Fonterra’s Global Dairy Trade (GDT) auction have slumped to the lowest level since December 2012. Prices at the July 15th auction fell by 8.9% to US$3,309/t down from US$3595/t in the previous auction. Supplies were 12% tighter overall, with an 36,656t of products sold. All commodities suffered falling prices, with the the sharpest declines coming from whole milk powder (-10.9%), anhydrous milkfat (-10%), casein (-8.9%) and skim milk powder (-7.1%).

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Agropur To Expand Wisconsin Plant
Thursday, July 17, 2014 (803 reads)

Agropur Ingredients will expand its La Crosse, Wisconsin, plant by about 20%, adding 34,000 square feet for new blending and pouching line equipment, a racked warehouse for storage and four shipping and receiving docks. The project, which will begin construction this month, "allows the ingredients business to build upon reusable assets to create the optimal production environment," Agropur's Vice President of Quality and Engineering Shawn Wegner said. 


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Fonterra's $73M Mozzarella Factory Expansion on Track for 2015 Opening
Thursday, July 17, 2014 (780 reads)

The $73 million expansion of the Fonterra mozzarella factory at Clandeboye near Timaru, New Zealand is on track to go online in August 2015. The extension will double the size of the factory, enabling 34,000 metric tons of the cheese to be produced per year. Current capacity is 16,000 metric tons.

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