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Midyear Debut is Expected for Dairy Futures Market
Tuesday, May 04, 2010 (1202 reads)

An NZX global dairy futures market aimed at helping companies tackle volatile prices is expected to be launched in the middle of this year. Kathryn Jaggard, derivatives manager for NZX, said the futures contracts would be on globally traded products, with whole milk powder the first dairy product to be launched, subject to regulatory approval from the Securities Commission. The futures contracts would be settled in cash, rather than products, using Fonterra's online auction globalDairyTrade to determine price.

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FDA Seeks Industry Comments on Food Safety During Transport
Monday, May 03, 2010 (997 reads)

The Food and Drug Administration (FDA) has released an advance notice of proposed rulemaking (ANPRM) on establishing guidance intended to reduce the risk of food contamination during transportation.

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Dairy Industry Lobbies to Cut Milk From Soy Milk
Monday, May 03, 2010 (1285 reads)

A dairy industry group is lobbying the Food and Drug Administration (FDA) to banish the term ‘soy milk’ and stamp out any other use of dairy-specific terms to describe non-dairy products

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Chinese Market to Remain Open for U.S. Dairy Products
Saturday, May 01, 2010 (1197 reads)

Industry leaders applauded the announcement by China granting the U.S. 30 days to work with Chinese authorities to secure agreement on a new health certificate for food-grade dairy exports to China. Industry leaders also praised the Chinese government for its recognition of the need to allow trade to continue while resolution of this complex issue is addressed by technical staff.

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