Stay-at-home mother Anna Wei wanted the best milk formula to feed her firstborn, so she chose the most expensive brand her money could buy: Platinum by a2 Milk Company Ltd.
An analysis of recent trends in dairy consumption suggests increased use of butter and other higher-fat dairy products has added $2.2 billion to dairy farmers’ milk checks.
The world’s top dairy exporter, New Zealand’s Fonterra Co-operative Group Ltd, said on Tuesday that milk production in its home market fell 1 percent in March, pointing to support for global dairy prices.
Almost every week the number of farmers who have been left without a home for their milk grows. This time, 52 farmers in New York are being released by Marcus Dairy, a fluid milk processor in Danbury, Conn.
Fonterra said on Friday its domestic milk production in January had fallen 5 percent year-on-year, which could be seen as a boon for global dairy prices as New Zealand is the world’s largest dairy exporter.
New Zealand dairy firm a2 Milk Company Ltd dashed market expectations on Wednesday with a forecast for annual revenue growth of more than 63 percent, sending its shares to a three-month low.
Consumers claim to know where plant based milk comes from and Canadian dairy producers are concerned about the profitability of their operations. Learn more in a recent Dairy Report video from AgDay.
Dairy co-operative Fonterra cut its forecast for its New Zealand milk collection - the second cut in as many months - as dry weather continued to impact soil moisture and pasture quality.
A bill proposed by Senator Tammy Baldwin (D-Wisc.) has praise from across the dairy industry as a way to help revolutionize milk processing and address milk oversupplies.
