Processors
Whole milk powder auction prices soar as New Zealand’s most widespread drought in at least 30 years curbs supply.
‘Supply management is antithetical to the future growth of the dairy industry.’ --Cong. Goodlatte and Scott
Demand from markets in Asia and developing countries is fueling the $100 million expansion.
More than 30 dairy foods manufacturers – including some of the largest food companies in the United States – have sent letters to members of the House and Senate opposing supply management.
The onus is put back on dairy farmers and processors.
Consumer Action, the Consumer Federation of America and the National Consumers League urged Senate and House Ag Committees) to reject supply management.
The cooperative’s Alma Center, Wis., plant will close permanently and its Waumandee, Wis., cheddar cheese plant will be idled indefinitely.
‘What processors claim is a compromise is nothing more than a costly ruse.’ --National Milk Producers Federation
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.
The program recognizes dairy farms and businesses that advance the industry’s commitment to healthy products, healthy communities and a healthy planet.
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.
Bringing the dryer online is a milestone for the Seattle-based company after a fire destroyed the dryer in February 2012.
Tool developed by Innovation Center for U.S. Dairy.
‘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.
April typically a wetter time of the year on the North Island, scientist says.
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.
While still pleading innocent, DFA felt the court settlements would put an end to the millions paid to attorneys and cap the risk of possibly even higher penalties if DFA lost.
DFA makes no admission of wrongdoing but will pay $46 million to the plaintiff class.
Buyers scramble to secure reduced New Zealand supply before the end of the season.
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.
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.
In the USA, cheese consumption has grown from 2.3 billion pounds in 1970 to nearly 10.5 billion pounds in 2011.
Bank’s report recommends changes in the industry to maximize milk value for state’s producers, including less reliance on milk marketing orders.