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Meiji Ice Cream Combines Condensed Milk With Japanese Flavors
Thursday, January 15, 2015 (573 reads)


Meiji Holdings Co Ltd and its subsidiary Meiji Co Ltd have announced the launch of operations for a new ice cream plant in Guangzhou,  the largest city in South China. Meiji Ice Cream will apply technology and expertise cultivated in Japan to develop a lineup of high value added products for the Chinese market. Japanese-inspired products will include an ice cream bar that combines condensed milk with Japanese flavors such as sweet red bean and green tea. 



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Dairy Organizations Support Coalition Efforts to Facilitate U.S. Dairy Exports to Cuba
Wednesday, January 14, 2015 (511 reads)


Dairy organizations joined other food and agricultural organizations in support of additional changes in U.S. policy to facilitate U.S. dairy exports to Cuba and permit open travel for all Americans to that nation. 



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Price Drop in Imported Milk Powder Threatens China's Dairies
Wednesday, January 14, 2015 (657 reads)


China's domestic dairy farms have taken a hit from a sharp drop in the prices of international raw milk products which have halved the cost of imported milk against milk produced domestically and forced local dairy suppliers to dump their products, Shanghai's China Business News reports.



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Global Dairy Market Faces Battles From Many Angles
Wednesday, January 14, 2015 (525 reads)


The global dairy market is facing challenges that will see prices drop further before things improve, says the US Department of Agriculture. Dairies face pressure from the Russian import ban from certain key milk and milk product producing countries, as well as an unexpected fall in Chinese demand for whole milk powder, which it is hoped, will improve throughout 2015. These factors, coupled with over-production during 2014, means that there is a surplus of milk, and intense pressure on pricing.



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Arla to Expand Powdered, UHT Milk Business in Africa
Wednesday, January 14, 2015 (615 reads)


Arla plans to expand its business in sub-Saharan Africa to more than $318 million by 2017 with sales of powdered and UHT milk. The dairy cooperative plans to implement human rights due diligence procedures and other initiatives there to ensure its growth in the market does not have a negative effect on local farmers, according to Finn Hansen, who heads Arla's International Business Group. 



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CWT Assists with 14.7 Million Pounds of Cheese and Butter Export Sales
Wednesday, January 14, 2015 (454 reads)


Cooperatives Working Together (CWT) has accepted 28 requests for export assistance to sell 2.993 million pounds (1,817 metric tons) of Cheddar and Monterey Jack cheese and 11.678 million pounds (5300 metric tons) of 82% butter to customers in Asia, Europe, the Middle East and North Africa. 



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Cayuga Milk Ingredients: The Export Roller Coaster
Friday, January 09, 2015 (685 reads)


 In November 2012, when Cayuga Milk Ingredients Inc. broke ground for a $100 million dairy factory, U.S. dairy exports were booming and prices were high. But now, as the plant completes its first shifts running at full production, buying by key global buyers is slowing and prices are collapsing. “The timing could have been better,” concedes chief executive Kevin Ellis. By the November 2012 groundbreaking, Mr. Ellis figured the plant would export as milk powder the equivalent of about 27% of the milk it processed. But he has continued to find new export customers. He says he now expects to ship the equivalent of 79% of the plant’s milk intake as powdered milk and concentrated-protein products to countries including Mexico and Saudi Arabia this year. Long term, he says, “There’s plenty of opportunity in the global market.”

 



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Dairy Economists Forecast Milk Margins Below $8
Friday, January 09, 2015 (619 reads)


Economists with the University of Wisconsin forecast much lower milk prices in 2015, coming off a remarkable year in 2014. Margins over feed costs are expected to drop below $8 per hundredweight of milk.



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Rabobank Report Looks At Price, Supply and Demand in International Markets
Friday, January 09, 2015 (592 reads)


Rabobank has issued a new report on the global dairy industry, looking at issues of price, supply and demand in key international markets. In the report, published by Rabobank’s Food & Agribusiness Research and Advisory group, the bank says although international dairy markets continue to suffer from low prices, the rate of decline in the price of dairy commodities has slowed compared to the third quarter of 2014.

 


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U.S. Dairy Export Council: November Dairy Exports Steady
Thursday, January 08, 2015 (602 reads)


U.S. dairy exporters focused on the Western Hemisphere in November, helping to offset a continued slowdown in shipments to Asia, according to the U.S. Dairy Export Council’s monthly report. In all, exporters shipped 147,879 tons of milk powders, cheese, butterfat, whey and lactose in November, down 7% from a year ago, but down just 1% from October (on a daily-average basis).



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