The ice cream industry’s widening listeria scare, which has prompted at least five companies to recall products, is fueled in part by DNA testing and other new tools that can better detect the bacteria and trace its origins.
The European Commission will subsidize the private storage of butter, skimmed milk powder and some cheeses to help its dairy sector adapt to the loss of the Russian market.
Shoppers are stocking up on foods set to become scarce after Russia banned a range of products from the EU and the U.S. in retaliation for sanctions over Ukraine.
Prices for dairy, New Zealand’s biggest export, are falling amid rising global production and waning demand from China, which built up inventories earlier in the year.
The drought’s water curtailments prompt districts representing growers to buy and sell for escalated prices from other parts of the state as thousands of acres go unplanted.
The world’s biggest yogurt maker said its investment will enable Kenya’s Brookside Dairy Ltd. to expand its product portfolio and presence in Uganda and Tanzania.
Abbott Laboratories is planning its first foray into China’s dairy market through a $300 million joint venture with Fonterra Cooperative Group Ltd., the world’s largest milk processor.
A rebound in New Zealand’s milk supply is adding to gains in Europe and the U.S., overwhelming demand growth in China that helped send global dairy prices to a record in February.
