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Friday, December 15, 2017
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Saputo Raises Warrnambool Bid to AU$537 Million in Dairy Fight
Thursday, December 19, 2013 (588 reads)


Saputo Inc. has raised its bid for Warrnambool Cheese & Butter Factory Co. to AU$537 million (USD$480 million), after a ruling from Australia’s takeover regulator. Saputo will pay a maximum AU$9.60 cash a share on condition it gains more than 90 percent of Warrnambool. The offer trumps a AU$9.50 bid from Murray Goulburn Cooperative Co. and a cash and share offer from Bega Cheese Ltd. 



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Fonterra To Consider Milk Powder Price, Demand In Business Plan
Thursday, December 19, 2013 (635 reads)


Fonterra will likely focus more on the production of milk powder over value-added products, as the cooperative's executives work to develop its three-year business plan following an $800 million loss because of disparity between the prices of the powder and other products like cheese and casein.



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Probiotics Predicted To Hit $23.9B in Global Sales By 2017
Thursday, December 19, 2013 (562 reads)


The probiotic market is predicted to hit global sales of $23.9 billion by 2017, according to MarketsandMarkets. Probiotic dairy products are expected to command the highest market share amoung all the probiotic foodstuff. The largest consumer market will be Europe and Asia-Pacific, but the North American market, which has gradually embraced probiotics, is expected to grow at a rate of 7%.  



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Quality Ingredients Corporation Commercializes Second Pilot Dryer
Thursday, December 19, 2013 (538 reads)


Quality Ingredients Corporation, has commercialized its second pilot dryer in its Burnsville, Minnesota facility. The new dryer is well suited to perform multiple test runs of specialized ingredients. This enables ingredient and food manufacturers to strengthen and condense product development cycles.



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Keller's Creamery Offers Holiday Butter Sculptures
Thursday, December 19, 2013 (1402 reads)


It's that time of year again, when Dairy Farmers of America-owned Keller's Creamery rolls out their holiday line of butter sculptures. Since 1958, this century-old creamery has been marking the holiday seasons with his festively molded Christmas tress and turkeys.



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Congress Fails To Pass Farm Bill
Thursday, December 19, 2013 (618 reads)


Although Congress has wrapped up the year without passing a farm bill, the price of milk will not double on January first.  Letting the clock run out on the most recent extension of the 2008 bill could mean reverting back to the 1949 law. The results? Higher food prices, especially in highly-perishable milk and dairy products. However, U.S. Department of Agriculture secretary, Tom Vilsack has said it would take a little time for the USDA to adjust their rules to the reality of the 1949 law coming back into play, and consumers would see little change, until at least the end of January.



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China Milk Powder Buyers Looking To Additional Sources
Thursday, December 19, 2013 (888 reads)


Milk powder buyers in China are starting to cut their reliance on Fonterra, opening the way for U.S. and European firms to break the dairy giant's grip on an infant milk formula market set to double to $25 billion by 2017.



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Fonterra and Nestlé Open $45 Million NZD Dairy Distribution Center in Brazil
Thursday, December 19, 2013 (482 reads)


Fonterra Co-operative Group Limited and Nestlé, through joint venture Dairy Partners Americas (DPA), have opened a dairy distribution center in Araras, Brazil. The $45 million NZD (USD $37 million) facility has been built on the same site as the Dairy Partners Americas’ Araras factory which makes a variety of chilled dairy products including yogurts, desserts and cream cheese. More than 200,000 metric tons of dairy products, destined for delivery across Brazil, are expected to pass through the distribution center per year.



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Dale Farm To Double Whey Protein Powders With £20M Plant
Wednesday, December 18, 2013 (581 reads)


Northern Ireland’s farmer owned dairy processor, Dale Farm, is celebrating the official opening of it’s £20 million (USD $32,774,000) whey protein nano filtration plant and expansion of the company’s existing cheddar cheese facility at Dunmanbridge, Cookstown. The investment will give the company one of the most advanced cheese and whey processing plants in the world and will allow the company to double its throughput of cheddar cheese and whey protein powders. 



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Land O’Lakes Ingredients Introduces New Tex-Mex Dairy Seasoning
Wednesday, December 18, 2013 (559 reads)


ADPI member, Land O’Lakes Ingredients, recently announced the introduction of Green Chile Queso to its extensive line of cheese powders and seasonings. Green Chile Queso leverages Land O’Lakes’ expertise in dairy-based ingredients, which includes cheese powders and seasonings, cheeses, milk powders, butter and whey. Land O’Lakes Ingredients continues to develop exciting new products for its Focus on Flavor program, which introduces current and prospective customers to dynamic new flavors



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