Global Economy
The New Zealand dairy giant says the alliance between the two leading dairy nutrition companies will be ‘a game changer.’
“We have factored in an expected recovery,” says the head of the world’s biggest dairy exporter.
The New Zealand dairy cooperative has invested more than $1.8 billion to grow processing capacity since 2011.
The European Commission will subsidize the private storage of butter, skimmed milk powder and some cheeses to help its dairy sector adapt to the loss of the Russian market.
Situation ‘dire’ for British dairy producers as milk prices drop.
Shoppers are stocking up on foods set to become scarce after Russia banned a range of products from the EU and the U.S. in retaliation for sanctions over Ukraine.
Prices for dairy, New Zealand’s biggest export, are falling amid rising global production and waning demand from China, which built up inventories earlier in the year.
Falling grain, oilseed and dairy prices push index to lowest level since January 2014.
The two international dairy leaders move deeper into Venezuela, Brazil and Ecuador.
A shortage of butter is fueling higher prices, but will it last?
Midwest can compete to regain market share, if impediments are overcome.
The world’s biggest yogurt maker said its investment will enable Kenya’s Brookside Dairy Ltd. to expand its product portfolio and presence in Uganda and Tanzania.
Abbott Laboratories is planning its first foray into China’s dairy market through a $300 million joint venture with Fonterra Cooperative Group Ltd., the world’s largest milk processor.
A rebound in New Zealand’s milk supply is adding to gains in Europe and the U.S., overwhelming demand growth in China that helped send global dairy prices to a record in February.
U.S. dairy output is expected to grow 15% by 2022. Can Midwest grow as well?
Why the 2014 World Cup and New Zealand butter prices matter to the U.S. dairy industry.
The online trading platform’s increased growth has been driven strongly by skim milk powder products.
See how New Zealand dairy producers are adopting sustainable practices.
Why the international bank expects an “orderly easing” of dairy prices, not a crash.
The Greek yogurt maker will export products to Latin America from its New York and Idaho facilities.
A temporary suspension remains in place for exports to China of Fonterra base powder for infant formula and Fonterra whey powder.
Fresh dairy volume fell 3.7% in the quarter to the lowest level in more than a decade as Danone raised prices and introduced more expensive products, partly because of milk inflation in Russia.
The New Zealand-based company plans to lift mozzarella output to 50,000 metric tons a year by September 2015, enough to garnish about 350 million pizzas.
With milk prices near a record, it costs Fonterra more to make other products with the milk it can’t process into powder.
The Dutch pledge their dairy expertise to help Chinese producers boost the quality and quantity of their milk.
The higher prices come after paying farmers increases of almost 15% for milk deliveries in the past two months.
As part of trade talks, the EU wants to ban the use of names like Parmesan, feta and Gorgonzola on cheese made in the U.S.
“This is the first market I’ve worked in where food safety is a more important consideration than price.” -- Rob Chester, chief compliance officer at Wal-Mart in China.
The charges against the New Zealand dairy giant stemmed from last year’s botulism scare.
The largest capital project undertaken since California Dairies Inc. built its Visalia plant in 2007, the new evaporator will increase the co-op’s ability to meet tight export specifications on value-added milk powders.