To increase profits, India dairy producers need to focus on value added dairy products (VAPDs), CARE (Credit Analysis & Research Limited) Ratings, a Mumbai based research & ratings agency said in a report.
A dairy industry figurehead has defended salt levels in cheese saying that salt is integral to the cheesemaking progress on technical and food safety grounds.
Valio has said that it will be hit by far the hardest of all companies in Finland by Russia’s import restrictions, and is taking appropriate measures in response to the projected downturn in its business volumes.
Canada-based dairy cooperative Agropur has completed the acquisition of US-based cheese and dairy ingredients company Davisco Foods, for an undisclosed amount.
A pilot study conducted by Curtin University has found that subjects on a diet of A2 milk reported less bloating and abdominal pain than those consuming A1 milk.
Following Fonterra’s announcement of a reduction in its forecast Farmgate Milk Price in July, First Milk has made a similar move, citing volatile dairy markets.
Danone (BN), the world’s largest yogurt maker, reported a 20 percent decline in first-half earnings and quarterly revenue that missed estimates, adding to pressure on the company to find new avenues for growth.
Fomento Economico Mexicano SAB, owner of Latin America’s biggest convenience-store chain, fell the most in a year as company executives said taxes on sodas and junk food hurt store traffic.
French dairy group Danone is in talks to sell its medical nutrition business to U.S. group Hospira (HSP.N) in a deal valuing the unit at about $5 billion, the Financial Times reported on Sunday, citing people familiar with the situation.
Average prices paid at today’s Fonterra dairy auction fell by 8.9%, compared with those recorded at the event held on July 1, with an average selling price of $3,309 per tonne.
In France, the Centre national interprofessionnel de l’économie laitière (CNIEL), a body representing producers of dairy products, has denounced price wars in the country.
