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.
Strong global demand snaps four consecutive price drops in the Global Dairy Trade Price Index which rose 2.7% fueled by weak New Zealand production which points to more price gains.
Four of America’s biggest health organizations developed new beverage guidelines for children. Among the recommendations: drink milk rather than plant-based beverages.
Tariffs impacting dairy trade, a dairy processor buying a majority stake in a non-dairy milk company and a conservation easement program aimed at helping dairy farmers in New York are making headlines..
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.
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.
The benchmark is called the Farmers Assuring Responsible Management, or FARM Animal Care Program developed by the National Milk Producers Federation (NMPF) with support from Dairy Management Inc.
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.
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.
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.
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.
