Wednesday, October 17, 2018
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Coca-Cola Buys Mexican Dairy
Friday, July 13, 2012 (1122 reads)

Jugos del Valle, a joint venture between Coca-Cola and Mexican bottlers of Coca-Cola, has won regulatory approval to purchase Mexican dairy company Santa Clara for an undisclosed sum. Acquiring the company, which makes milk, ice cream, yogurt and other products, gives Coca-Cola access to the Mexican dairy market, "one of the most important segments in the nonalcoholic beverage industry in terms of scale and value," said Jugos del Valle chairman Felipe Nunez.

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Fonterra's Price Setting May Be Key Factor in NZ Dairies Purchase
Thursday, July 12, 2012 (819 reads)

The Commerce Commission says Fonterra's farmgate milk price-setting will be a key competition issue it considers when deciding if the dairy giant can buy failed Russian-owned New Zealand Dairies in the South Island.

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‘Do More With Dairy’ Offers Dairy Manufacturers a Fresh Look at Taste and Texture Capabilities
Thursday, July 12, 2012 (907 reads)

DuPont Nutrition & Health has launched the second in the series of ‘Do more with Dairy’ campaigns focusing on taste and texture.

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The House Agriculture Committee Approves House Version of Farm Bill
Thursday, July 12, 2012 (850 reads)

The House Agriculture Committee has approved the House version of the Farm Bill by a vote of 35 to 11. The bill, which costs nearly $100 billion a year, would cut $3.5 billion annually from current spending levels and $1.6 billion from SNAP. The House bill differs from the Senate's by giving farmers a choice between a price support program that pays when prices fall below certain levels and a taxpayer-paid revenue protection program similar to the one included in the Senate bill.

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Land O'Lakes Acquires Dairy Snack Business
Wednesday, July 11, 2012 (1006 reads)

Land O'Lakes, Inc. has signed an agreement to acquire Kozy Shack Enterprises, Inc., a market leader in the chilled dairy desserts category in North America. This deal is a strong strategic fit for Land O'Lakes value-added portfolio and will also provide them growth in the dairy desserts category.

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Uruguay Dairy Exports Jump 20% To Reach 346 Million
Wednesday, July 11, 2012 (893 reads)

Uruguayan dairy exports in the first half of this year increased 30% in volume and 20% in value over the same period a year ago totaling 346 million dollars, according to the latest release from the National Milk Institute.

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Irish Dairy Board Purchases UK Cheese Warehouse
Wednesday, July 11, 2012 (893 reads)

The Irish Dairy Board (IDB) has acquired UK-based cheese ingredients firm The Cheese Warehouse - strengthening its position in the country’s ingredients sector.

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Forecasters Predict New Zealand Milk Production Will Drop This Year
Monday, July 09, 2012 (1027 reads)

Goldman Sachs Group Inc. says this may be the first time in five years that New Zealand, the world’s biggest dairy exporter, produces less milk, at a time when surging corn prices are raising costs for U.S. farmers.

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Fonterra Would Like To Resume Operations at NZ Dairies' Studholme Plant
Monday, July 09, 2012 (743 reads)

While awaiting regulatory approval of its deal to purchase New Zealand Dairies, Fonterra says it wants to begin operating one of the failed company's factories in Studholme, New Zealand. New Zealand Dairies was founded six years ago to build a whole milk powder processing plan on 55ha at Studholme. The plant was commissioned in 2007 at a cost of $108m. It has the capacity to process about 800,000 liters of milk powder a day, or 30,000 tons a season.

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More US Milk is Being Channeled into Non‐Fat Dry Milk.
Friday, July 06, 2012 (858 reads)

In the 5 months to May 2012 the production of nonfat dry milk (NFDM) has increased by 40% from the same period in 2011.

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