Friday, October 19, 2018
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Dairy Product Prices Drop at Global Trade
Thursday, December 06, 2012 (922 reads)

Prices of dairy products fell at the December 4th GlobalDairyTrade auction, the first decline in four sales, led by whole milk powder and cheddar. Whole milk powder, the biggest product by volume, fell 3.5% to $3,170 a ton and cheddar dropped 2.4% to $3,372 a ton.

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European Commission Approves Bovine Lactoferrin as a Novel Food
Thursday, December 06, 2012 (796 reads)

Morinaga and FrieslandCampina have both gotten the green light to sell their bovine lactoferrin (bLF) products as novel food ingredients.The European Commission (EC) made the decision to approve lactoferrin, meaning the ingredient can now be used in foods including sports, medical and infant nutritional products across the EU.

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Glanbia Nutritionals Ingredient Technologies To Open Cereal Ingredient Processing Facility
Thursday, December 06, 2012 (1054 reads)

Glanbia Nutritionals Ingredient Technologies plans to open a 40,000-sq.-ft. cereal ingredient processing facility in South Dakota. The facility will produce whole and milled flaxseed ingredients for the food and beverage industries.

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Coca-Cola Makes First Direct Venture Into US Dairy Market
Thursday, December 06, 2012 (857 reads)

Coca-Cola has made its first venture into the US dairy market after taking a stake in the maker of the CorePower protein milk. This move is the latest proof that the battle between soft drink companies has expanded into the dairy arena as they look to expand their portfolios with nutritional drinks.

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Fonterra Looking To Expand With New Milk Powder Plant
Thursday, December 06, 2012 (806 reads)

Fonterra said it was looking to expand its milk processing capacity in the lower North Island of New Zealand by building a new milk powder plant at its Pahiatua site. Fonterra, which last week officially opened a new $500 million factory in Darfield, New Zealand, said it will apply for consents to build a new high-efficiency milk powder plant at Pahiatua, in northern Wairarapa, to process an additional 2.5 million liters of milk a day.

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CME Completes Kansas City Board of Trade Deal
Tuesday, December 04, 2012 (752 reads)

CME Group now officially owns the 156-year-old Kansas City Board of Trade. The two commodities markets announced their $126 million cash deal in mid-October. The markets said the transaction will make it more cost effective for traders in both cities’ markets to trade the other’s wheat futures and wheat options contracts.

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Analyzer for Low-Moisture Products is Announced
Tuesday, December 04, 2012 (845 reads)

A new system for rapidly determining fat and moisture in low-moisture samples has been announced by CEM Corporation, a global provider of innovative laboratory and quality control instrumentation.

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AMPI Sells Cheese and Pudding Operation
Tuesday, December 04, 2012 (1275 reads)

TreeHouse Foods has purchased Associated Milk Producers' cheese and pudding business, a move that, with its recent purchase of sauce-maker Naturally Fresh, will give TreeHouse an additional $100 million in annual sales, said CEO Sam Reed. The aseptic cheese and pudding, made by Associated Milk Producers, is sold to retail outlets and food service firms.

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Fonterra Opens New Milk Powder Production Facility
Tuesday, December 04, 2012 (758 reads)

Fonterra has opened a new production facility that will produce 85,000 metric tons of instant and regular whole milk powder for export to South East Asia, China and the Middle East.

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CWT Assists with 2.4 Million Pounds of Cheese, Butter, and Whole Milk Powder Export Sales
Tuesday, December 04, 2012 (688 reads)

Cooperatives Working Together (CWT) has accepted 10 requests for export assistance to sell 1.285 million pounds (583 metric tons) of Cheddar and Monterey Jack cheese, 1.058 million pounds (480 metric tons) of butter, and 85,890 pounds of whole milk powder (WMP) to customers in Asia and the Middle East.

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