Dairy New Products
Whole milk powder auction prices soar as New Zealand’s most widespread drought in at least 30 years curbs supply.
The acquisition will increase focus on quality of supplies amid safety concerns in China’s dairy industry.
Demand from markets in Asia and developing countries is fueling the $100 million expansion.
Imports from key customers were mostly higher in early 2013, led by record purchases from China.
The cooperative’s Alma Center, Wis., plant will close permanently and its Waumandee, Wis., cheddar cheese plant will be idled indefinitely.
It’s the first U.S. casein production in more than 50 years.
Year-to-date, CWT sales are the equivalent of 1.599 billion pounds of milk--more than USDA’s projected increase in milk marketings for all of 2013.
Some 3,000 dairy farms are up for renewal in the coming months.
The state’s dairy producer and processor sectors each say their very survival is at stake if AB31 doesn’t go their way.
University of Wisconsin dairy economists predict a recovery period for dairies.
CWT has accepted 9 requests for export assistance from Darigold, Foremost Farms, and United Dairymen of Arizona for customers in Asia, the Middle East and North Africa.
Milk powder prices have risen more than 50% since early March, and butterfat and whey prices have posted double-digit increases.
Bringing the dryer online is a milestone for the Seattle-based company after a fire destroyed the dryer in February 2012.
‘We can make a lot more money drying milk and exporting it to China.’ -- CDI CEO Andre Mikhalevsky.
The new rail link into New Zealand site is expected to carry 200,000 metric tons of milk powder in its first year.
When you have a $1 billion asset, you don’t give it up easily.
New Zealand powder for June delivery gained 12.8%; Fonterra increases prices for farmers.
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.
“Real Seal Appeal” program wins for community relations, corporate social responsibility.
Buyers scramble to secure reduced New Zealand supply before the end of the season.
The quest for more milk supply should ensure a tight global market environment through the third quarter of 2013.
Purchase of the Sartori Foods cheese plant in Blackfoot, Idaho is part of Glanbia’s strategy to be largest producer of American-style cheese.
Supplies may be as much as 15-20% below a year earlier as the most widespread drought in at least three decades curbs supplies.
Revamped website includes resources for members of the dairy industry and milk facts for consumers.
Japan’s entry could offer more access for U.S. dairy exports. But it also could slow the negotiation process, now in its 16th round.
Kellogg’s will feature milk and breakfast side-panel messaging on 50 million cereal boxes.
Only one in 6,000 loads showed any sign of an animal antibiotic drug residue. These loads were disposed of and did not reach the human food supply.
The groups are most concerned with unfettered access to U.S. markets by Fonterra, New Zealand’s large dairy company.
But feed prices are expected to decline as new-crop corn and soybeans are harvested later this year.
Milk production climbed 2.1% to an even 200 billion lb. of milk in 2012. The average production per cow was 21,697 lb.