Sunday, December 09, 2018
Current  Archive  
1 2 3
World Milk Powder Prices Seem To Follow Three Year Peak Trend
Friday, November 07, 2014 (684 reads)

World milk powder prices seem to peak every three years, with the next possible peak in 2016-17, a dairy industry economist says. Matthew Newman, of DairyNZ, said global powder prices peaked in May 2013, with whole milk powder (WMP) prices reaching US$560/ton.

Read More
Per Capita Cheese Consumption Hit a Record High of 33.7 Pounds in 2013
Friday, November 07, 2014 (735 reads)

Last year, per capita cheese consumption hit a record high of 33.7 pounds, according to the USDA. Cheese consumption per person has now topped 33 pounds for three straight years and has risen by more than a pound since 2008 when it totaled 32.46 pounds.

Read More
U.S. Dairy Exports Fell to Lowest Level in 18 Months
Friday, November 07, 2014 (670 reads)

U.S. dairy exporters shipped 137,220 tons of milk powders, cheese, butterfat, whey and lactose in September, down 16% from a year ago and down 9% from August. This marks the lowest monthly volume since February 2013, according to the U.S. Dairy Export Council’s monthly report. Volumes have fallen since March when an all-time record volume of 200,143 tons was shipped. Shipments averaged 176,000 tons a month through the first eight months of this year.

Read More
GDT Price Index Dips 0.3%
Thursday, November 06, 2014 (743 reads)

Prices at the latest GlobalDairyTrade auction declined by 0.3%. The gain in whole milk powder (WMP) prices was offset by declines in all other commodities. The November 4th auction had an average selling price of $2,649 per ton and a total of 45,499 tons sold.

Read More
Kerrygold Launches UHT Whole Milk for Chinese Market
Thursday, November 06, 2014 (906 reads)

The Irish Dairy Board (IDB) has announced a major product expansion into the Chinese market with the launch of Whole Milk under its new Kerrygold Chinese trade mark, pronounced ‘Jin Kai Li’. The new product and trade mark was unveiled by the Minister for Agriculture, Food & the Marine, Simon Coveney TD at a ceremony in Beijing during the Irish Trade Mission to China.

Read More
Danone to Invest $566 Million in Chinese Milk Formula Maker
Thursday, November 06, 2014 (762 reads)

Danone agreed to pay HK$4.39 billion ($566 million) for a 25 percent stake in Yashili International Holdings Ltd. (1230) under a plan to improve technology and boost production at the Chinese infant milk formula maker. The Paris-based maker of Dumex baby milk powder offered HK$3.70 per share.


Read More
China Lifts Ban on Fonterra Whey Powders
Thursday, November 06, 2014 (967 reads)

Chinese authorities have lifted a temporary ban on importing Fonterra whey powder and dairy base powder used to make infant formula that has been in place since August last year after the botulism scare.

Read More