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CaliCheese LLC to Build $250 Million Cheese Plant in California
Wednesday, January 16, 2013 (1615 reads)


Looking to tap into the booming export market in Asia for cheese and protein, CaliCheese LLC, a startup cheese maker, plans a cheese plant in Tulare, California, producing 4 million pounds of milk per day and is valued at $250 million.



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Vilsack To Stay on as Agriculture Secretary
Wednesday, January 16, 2013 (939 reads)


Tom Vilsack will stay on as Agriculture secretary, providing the White House with an experienced ally as Congress attempts to make another run at crafting a long-term farm bill this year. Vilsack will not need Senate approval, which is required for new Cabinet nominees, to continue as Agriculture secretary in President Obama's second term.



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US Milk Production Forecast Lifted Slightly
Tuesday, January 15, 2013 (897 reads)


US milk production is expected to reach 199.9 billion pounds in 2013 according to the latest USDA World Agricultural Supply and Demand Estimates (WASDE). Commodity price forecasts have also been revised for 2013. Prices for cheese and butter have been lowered on current price weakness and weaker expected demand. Meanwhile nonfat dry milk and dry whey prices for 2013 have been lifted based on current price strength.



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New Strategic Targets For Arla
Tuesday, January 15, 2013 (1008 reads)


Over the next five years Arla will increase its focus on Russia, China and the Middle East & Africa region and aims to double sales of ingredients to the food industry. On Arla’s core markets in Northern Europe the main focus will move from expansion to increased profitability and innovation.



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The US Will Not Rush Decisions In New Zealand Dairy Trade Talks
Tuesday, January 15, 2013 (914 reads)


A top trade official from the United States has stated that the US is yet to make an offer in trade talks on better access to its markets for New Zealand dairy exports. US chief negotiator in the TransPacific Partnership, Barbara Weisel has stated opening up dairy markets to foreign competition is a sensitive issue for the US and it is no rush to make an offer.



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New Zealand Exports Record Volume of Whole Milk Powder for November.
Tuesday, January 15, 2013 (821 reads)


New Zealand exported their largest volume of whole milk powder for the month of November in 2012. The latest export data show that New Zealand exported just over 120,000 tons of whole milk powder in November 2012.



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Idaho Ag Exports Well Ahead of Record Pace
Tuesday, January 15, 2013 (942 reads)


Idaho's record for total value of agricultural exports in a calendar year is on pace to be shattered again in 2012, and dairy sales are leading the way. Dairy sales continued to lead Idaho's ag exports, increasing 14.8 percent to $221 million.



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Whey Production Drops To Lowest Level in A Decade
Thursday, January 10, 2013 (1036 reads)


Monthly production of dry whey for human consumption fell to its lowest level in more than a decade in November 2012, according to USDA’s latest Dairy Products report. November dry whey production, intended for human consumption, was 68.2 million pounds—the lowest monthly output level in the past decade on a daily average basis.



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Fonterra To Offer 40,000 Tons of Butter on GlobalDairyTrade
Thursday, January 10, 2013 (830 reads)


Over the next 12 months Fonterra plans to offer 40,410 tons of butter for sales within it's GlobalDairyTrade (GDT) auction. Butter will be first offered on GDT at the February 19th auction where 1,800 tons of butter will be available.



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Dairy Price Up While Overall Food Prices Drop
Thursday, January 10, 2013 (941 reads)


The United Nations FAO Food Price Index fell 2 points during December 2012 to end the month at 209 points. This puts the index at its lowest point since June 2012. Meanwhile the Dairy Price sub-index increased. The FAO Dairy Index increased by 2 points to finish the 2012 year at 197 points.



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