Fonterra has confirmed that the Guaranteed Milk Price (GMP) for the 2013/14 season pilot will be NZ$7.00 per kgMS, following the announcement of its opening Milk Price forecast for the season.
April production of edible nonfat dry milk was 160,780,000 lbs, up 7% from March but down 16% from April 2012, the U.S. Department of Agriculture said in its latest Dairy Products report.
International Finance Corporation (IFC) plans to invest upto $17 million in Pune-based Parag Milk Foods Pvt Ltd to expand the latter’s milk processing facilities at Manchar in Maharashtra and Palamaner in Andhra Pradesh.
Milk production in the 23 major dairy states was fractionally higher in April 2013 compared to the same month a year ago, the U.S. Department of Agriculture said in its May 20 Milk Production report.
At this year's Private Label Trade Show, DMK Deutsches Milchkontor GmbH - Germany's largest dairy company - will present an extensive range of fresh dairy, cheese and ice cream products.
Recent data on prices of butter, cheddar cheese in blocks and barrels, dry whey and nonfat dry milk in the week ended May 4 showed only small changes in either direction.
In the Netherlands, Sweden and Denmark, the dairy sector is planning to expand its production of milk powder based products for the export to China. The dairy processors hope that the abolishment of the milk quotas in 2015 will supply them with sufficient
Murray’s Cheese, continuing to expand its store-within-a-store arrangement with Cincinnati-based Kroger Co., will hit California soon with Murray’s Cheese Shops in Ralphs Grocery Co., a Kroger subsidiary.
Creditors have decided to allow Northern Tasmanian dairy company Tamar Valley Dairy (Tamar) to continue trading, despite the Company reportedly owing up to $9 million.
Yakult and its largest shareholder, Danone, have scrapped their nine-year old “strategic alliance” in favour of a new, looser agreement to further their 'collaborative relationship.'
Chinese consumers are paying more for a lower nutritional content when they opt for foreign-made milk formula, according to a study by the China Dairy Industry Association.
China Modern Dairy has dismissed reports it has received a takeover approach, reported to be from local rival Mengniu - but admitted it is in talks over a potential disposal of "certain assets".
The Irish Dairy Board (IDB) says that its Purchase Price Index has hit a record high of 114.5 for March, reflecting firmer international dairy markets due to recent weather shocks in the Southern Hemisphere and Europe.
Australia’s largest dairy co-operative Murray Goulburn Co-operative Co. Limited (Murray Goulburn) announced on 18 April 2013 that it had acquired an additional 1.2 million shares in dairy producer Warrnambool Cheese and Butter Factory Holdings Limited (WC
