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Dairy Business News
Milk Powder Prices Drop to Three-Month Low
Expectations of rising New Zealand milk production in the second half of the year force a 7.1% price decline.
November 19, 2020 08:39 PM
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China Will Ensure Baby Milk Safety to Boost Consumer Confidence
Officials will tighten supervision of baby milk and start a campaign to shut down unqualified suppliers and producers.
November 19, 2020 08:39 PM
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Bipartisan U.S. House Group Produces Tentative Immigration Plan
With ‘an agreement in principle,’ House lawmakers will begin drafting legislation to be introduced in early June. But hurdles remain.
November 19, 2020 08:39 PM
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Bloomberg
Dairy Business News
Danone Invests in Mengniu as Chinese Demand Food Safety
Investment aims to boost Danone’s sales in China’s yogurt market, strengthen Chinese consumers’ food-safety confidence.
November 19, 2020 08:39 PM
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Bloomberg
Dairy Business News
Milk Powder Auction Prices Rise to Second-Highest on Record
Whole milk powder auction prices soar as New Zealand’s most widespread drought in at least 30 years curbs supply.
November 19, 2020 08:39 PM
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Deeper Cuts Seen as Congress Returns to Farms, Food Stamps
That could set up a struggle to pass a farm bill that will satisfy farmers, environmentalists and nutrition advocates.
November 19, 2020 08:39 PM
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China’s Mengniu Dairy Co. to Buy Modern Dairy Stake to Control Milk Quality
The acquisition will increase focus on quality of supplies amid safety concerns in China’s dairy industry.
November 19, 2020 08:39 PM
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News
New Zealand Set for More Rainfall as Residents Assess Weekend Damage
Rain would help ease the most widespread drought in at least 30 years that curbed milk output.
November 19, 2020 08:38 PM
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Bloomberg
Dairy Business News
Near-Normal Rain Seen Easing Worst N.Z. Drought in 30 Years
April typically a wetter time of the year on the North Island, scientist says.
November 19, 2020 08:38 PM
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Bloomberg
Dairy Business News
Milk Powder Climbs to Fresh Record as Drought Hits N.Z. Supply
New Zealand powder for June delivery gained 12.8%; Fonterra increases prices for farmers.
November 19, 2020 08:38 PM
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Bloomberg
Dairy Business News
Milk Rout Ending on Worst N.Z. Drought in 30 Years
Milk futures are poised to end their longest slump since 2008 as New Zealand’s reduced milk output forces China and other buyers to import more from the U.S.
November 19, 2020 08:38 PM
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Bloomberg
Dairy Business News
Milk Powder Climbs to Record as Drought Scorches New Zealand
Buyers scramble to secure reduced New Zealand supply before the end of the season.
November 19, 2020 08:38 PM
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Bloomberg
Dairy Business News
New Zealand Milk Supplies Seen Slowing on Drought, Rabobank Says
Supplies may be as much as 15-20% below a year earlier as the most widespread drought in at least three decades curbs supplies.
November 19, 2020 08:38 PM
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News
South African Milk Farmers Need 14% Price Rise to Stem Departures
Low milk prices, higher energy and corn costs squeeze profitability.
November 19, 2020 08:37 PM
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News
Fonterra Seeks to Reassure China, World on Milk Safety
The New Zealand dairy giant consults with its biggest customer China after traces of an agricultural chemical were found in some of its milk products.
November 19, 2020 08:37 PM
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Bloomberg
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