Dairy New Products
Fonterra CEO says milk powder contamination scare put the cost at “tens of millions” of New Zealand dollars.
China fined six dairy companies a combined $109 million for milk-powder price fixing, a record penalty for violating anti-monopoly laws.
Prices increase after an import ban by China and Russia on New Zealand’s largest dairy exporter stokes speculation buyers will seek limited supplies elsewhere.
The ban could disrupt world dairy markets, creating an opening for U.S. products.
Processors claim dairy farm margins are improving; producer groups say dairies still struggling with red ink.
U.S. dairy products have been locked out of the Indian market.
Feed price relief on the horizon for dairy producers, but high stocks dampen milk and product prices.
May exports of U.S. milk solids reached an astounding 16.9% of the nation’s total.
Shipments of non-compliant milk dropped from just under 10% in January 2012 to 6% in June.
Year-to-date, CWT sales are equivalent to 1.9 billion lb. of milk.
Year-to-date sales are the equivalent of 1.790 billion pounds of milk on a milkfat basis.
A new report identifies better business practices, herd health and risk management as opportunities for higher profitability.
Chinese agencies also are investigating 23 cases of possible monopoly violations by overseas companies.
Chinese agency says it has evidence that foreign companies sold infant formula in China at overly high prices.
Powder for delivery across all contracts through January averages $4,757 a metric ton.
Price cuts come after Chinese government started investigating possible pricing and anti- monopoly violations by overseas companies.
Greek yogurt triggers new dairy demand, but are dairy producers profiting?
University of Wisconsin dairy economists discuss dairy market implications.
State’s dairy producers are disappointed with the 12.5-cent price hike.
Year to date, CWT sales are the equivalent of 1.725 billion pounds of milk on a milkfat basis.
Farm did not have customer list, so public health alert issued.
CWT has accepted four requests for export assistance from Dairy Farmers of America and Northwest Dairy Association to sell Cheddar cheese to customers in Asia and North Africa.
The membership requirement will increase from 2¢ per cwt. to 4¢ per cwt. for the dairy export assistance program.
Gains were led by an unprecedented level of milk powder shipments.
Expectations of rising New Zealand milk production in the second half of the year force a 7.1% price decline.
Officials will tighten supervision of baby milk and start a campaign to shut down unqualified suppliers and producers.
Strain of Campylobacter jejuni found is unique to the United States.
University of Wisconsin dairy economists say tight global supply and demand situation should support Class III prices at $19.
John Azevedo will lead the nation’s second largest dairy processing cooperative.
Investment aims to boost Danone’s sales in China’s yogurt market, strengthen Chinese consumers’ food-safety confidence.