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Tuesday, December 12, 2017
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Mixed Results for GlobalDairyTrade
Thursday, July 04, 2013 (880 reads)


Prices of dairy products rose for the second time in a row at Fonterra's latest GlobalDairyTrade auction and the volume sold jumped to a six-month high. Whole milk powder (WMP) price movements were mixed with the net result being a 0.1% increase in prices. 
 


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More Help For US Dairy Exports
Thursday, July 04, 2013 (739 reads)


Dairy exporters should expect increased competition from U.S. suppliers now that the budget of Co-operatives Working Together (CWT) has been doubled.   


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FDA Allows Vinamilk to Export to The US
Thursday, July 04, 2013 (915 reads)


Vietnam’s leading dairy producer Vietnam Dairy Products Joint Stock Co (VNM), better known as Vinamilk, has been given the green light to export its products to the US market, making it the first Vietnamese dairy company to do so. 



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China Investigates Milk Powder Pricing
Thursday, July 04, 2013 (1064 reads)


The Chinese National Development and Reform Committee is investigating milk formula pricing practices and is holding related discussions with key foreign manufacturers according to a report in the People's Daily. Details about the investigation are very limited, notes a special report from Morgan Stanley.  



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Fonterra To Use Tetra Pak Processing and Packaging Equipment at New UHT Plant
Thursday, July 04, 2013 (743 reads)


Fonterra has chosen ADPI member Tetra Pak® processing and packaging equipment for its NZ$100 million UHT greenfield plant in Waitoa, New Zealand.



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New Zealand Dominates Dairy Product Trade in 2013
Thursday, July 04, 2013 (873 reads)


New Zealand has supplied far more dairy commodities in to the global markets than any other country to-date in 2013. During the first four months of 2013, New Zealand exported nearly 950,000 tons of dairy products into the global markets. The products included in these figures are: whole milk powder (WMP), skim milk powder (SMP), anhydrous milkfat (AMF), butter, cheese, and whey products. 

 



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Dairy Farmers of America Inks Deal with Chinese Dairy Company
Thursday, July 04, 2013 (855 reads)


 Dairy Farmers of America will soon team up with one of China's largest dairy companies, reports the state-owned China News Service. Dairy Farmers of America has announced that it has signed a memorandum of cooperation with the privately owned Inner Mongolia Yili Industrial Group. 



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China Baby Formula Gets New Import Rules
Monday, July 01, 2013 (813 reads)


China's authorities have released a policy to further strengthen the quality and safety of baby milk products, a move intended to restore consumer confidence in the domestic dairy sector. The policy, released by nine ministries and commissions including the China Food and Drug Administration (CFDA) and the Ministry of Industry and Information Technology (MIIT), prohibits repackaging imported baby formula from large bulk packages into small packages and says that baby formula must be labeled in Chinese before being imported to the mainland.




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Jump In Demand for SMP Futures
Monday, July 01, 2013 (1030 reads)


Futures contracts for skim milk powder (SMP) traded at record levels on the NZX Dairy Futures market during the month of June




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Leading French Company Joins GlobalDairyTrade
Monday, July 01, 2013 (1086 reads)


EUROSERUM and GlobalDairyTrade (GDT) have announced that EUROSERUM will begin offering Skim Milk Powder on the auction platform starting with the November 5, 2013 event. This leading French company's involvement on the GDT will increase the number of sellers offering SMP on the platform to five which will further deepen liquidity and price transparency for the product.




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