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Monday, December 11, 2017
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Record Forecast for U.S. Farm Exports
Thursday, March 03, 2011 (1345 reads)


U.S. agricultural exports are expected to reach a record $135.5 billion in fiscal year 2011, according to USDA. Compared to fiscal year 2010, export value is expected to grow 25% and volume by 10%



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Fonterra Goes Public on Search For New CEO
Thursday, March 03, 2011 (1330 reads)


Fonterra has revealed that its CEO Andrew Ferrier intends to step down in the second half of the year provided a suitable successor can be found. Ferrier has spent eight years at the top of Fonterra in which time he has seen the New Zealand co-op grow in size and international stature.



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Glanbia Reports Ballooning 2010 Operating Profit
Thursday, March 03, 2011 (1349 reads)


Irish dairy and nutritionals company Glanbia has reported a 22.8 percent increase in annual operating profit, returning the company to pre-recession earnings figures.



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Chinese Dairy Firm is Highest Bidder in Yoplait Auction
Thursday, March 03, 2011 (1592 reads)


The Financial Times has reported that Bright Food of China has emerged as the biggest bidder in the auction to buy 50 percent of the Yoplait yogurt brand. Put up for sale by private equity firm PAI, the 50 percent stake in France-based Yoplait has attracted interest from some of the biggest companies in the dairy industry. General Mills, Groupe Lactalis and Nestle are all in the running.



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Volac to Increase Capacity By 100 Percent to Meet Rising Whey Protein Isolate Demand
Thursday, March 03, 2011 (1438 reads)


Volac is investing £2.5m in upgrading and expanding its factory in Wales in order to grow capacity by 100 percent and meet growing demand for whey protein isolates.



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First Milk Partners Up in Search of Cheese Export Opportunities
Thursday, March 03, 2011 (1282 reads)


First Milk has struck up an export deal with Eilers & Wheeler in a bid to take advantage of attractive prices outside the UK. Under the terms of the partnership, Eilers & Wheeler will be its preferred partner for export sales of cheese and packet butter. First Milk spokesperson Paul Flanagan said the dairy would initially export bulk cheese but will soon look to sell its branded products overseas.



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