Friday, October 19, 2018
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Rabobank Forecasts Low Dairy Prices For Next 12 Months
Tuesday, October 07, 2014 (758 reads)

Rabobank analysts are forecasting a protracted period of low prices in international and regional dairy markets and a substantial fall in the US market by early 2015.

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Federal Monitoring of Milk for Radionuclides: EPA and FDA Update
Monday, October 06, 2014 (959 reads)

The U.S. Environmental Protection Agency is no longer sampling milk as part of the radiological monitoring network, RadNet. EPA completed its final quarterly milk sample collection in April 2014 and the results from analyzing those samples, along with historical milk sampling results, will continue to be available on Envirofacts.

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Nestlé Sells Baby Food Brands To German Investment Group
Monday, October 06, 2014 (1023 reads)

Nestlé has sold baby food brands Alete and Milasan to German investment group Bwk GmbH and private investor Horst Jostock.  The investment group will take control of the brands on January 1, 2015. Nestlé says they will continue to concentrate their baby food business in Germany and Austria on another infant formula brand, Beba.

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Rabobank Warns Dairy Prices Unlikely To Recover Unitl 2015 As Auction Prices Fall To Five Year Low
Thursday, October 02, 2014 (753 reads)

Dairy prices are amidst a "protracted bear market", and unlikely to see "upward momentum" until well into 2015, Rabobank warned, even as values at Fonterra's GlobalDairyTrade auction fall to a five-year low. The bank, cutting by up to $950 a ton its forecast for dairy commodity prices, acknowledged that the slump in prices since February had taken values below levels it saw as "sustainable in the long-term".

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Dairy Prices Drop To Lowest Since 2009
Thursday, October 02, 2014 (775 reads)

Dairy product prices fell to the lowest level in more than five years at the October 1st GlobalDairyTrade auction. Prices fell by 7.3% as all commodities declined in price with the largest declines in butter milk powder and whole milk powder.

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U.S. Dairy Industry Decries Market Barriers Raised in EU-Canada Trade Deal
Thursday, October 02, 2014 (711 reads)

The text of the European Union-Canada Comprehensive Economic and Trade Agreement (CETA) recently released contains provisions on geographical indications (GIs) and reallocates a portion of the World Trade Organization tariff rate quota for cheese to the EU. The U.S. dairy industry has expressed concern that these provisions would raise artificial trade barriers restricting market access for American cheeses to the Canadian market.

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GEA To Build Fonterra’s Next Mega Dairy Powder Plant
Thursday, October 02, 2014 (944 reads)

GEA will build Fonterra’s next large milk powder plant in Lichfield, New Zealand. With an output capacity of 30 tons per hour, this plant will match the size of the world’s biggest existing dairy plant which GEA built for Fonterra at Darfield, New Zealand in 2013. 

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The Good Whey Co. Recognized for Innovation by the UK Dairy Industry
Thursday, October 02, 2014 (786 reads)

Upbeat, a fresh dairy protein drink from The Good Whey Co., who is owned by dairy producer Volac, was singled out for success as they were honored with the Food Chain Marketing Award at the Cream Awards in September. This award recognizes dynamic companies in the UK that have developed a new product or brand that has been successfully marketed to meet or exceed target sales with a clear market strategy that demonstrates an understanding and acceptance of the target audience.

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Mead Johnson Nutrition Unveils $325M New Manufacturing and Research & Development Complex in Singapore
Thursday, October 02, 2014 (700 reads)

Mead Johnson Nutrition Company, a global leader in pediatric nutrition, has opened the doors to its new production and research campus in Tuas, Singapore. This investment represents the single largest capital project in the company’s more than 100-year history.

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Fragranced Milk Launched by Meiji In Japan
Thursday, October 02, 2014 (842 reads)

A new product launched this summer by Meiji in Japan is without a doubt a new type of milk. Meiji’s “New Style Milk” is a fragranced milk that has a fruity aroma, but the milk itself is not actually fruit-flavored. 

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