Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.
Cheese producer Wyke Farms has complained of “broken promises”after Morrisons cancelled a meeting due to take place today (August 28) to discuss the delisting of the Somerset family business.
China Mengniu Dairy Co has posted an 18% net profit decrease for the first half of 2012 - citing a slowdown in Chinese dairy industry growth and the impact of its increased investment in scale farms as a milk source.
One of Australia’s oldest but most respected dairy groups Bulla Dairy Foods has been on the recruiting march and has recently signed up two of Australia’s top dairy marketing people to help with its next stage of expansion through innovation.
Simon Coveney TD, Minister for Agriculture, Food and the Marine, today announced that 92 new entrants to dairying have been allocated milk quota under the 2012 New Entrants to Dairying Scheme.
One of Australia’s large dairy processors, the ASX-listed Warrnambool Cheese and Butter Factory Company Holdings (WCB), has today announced a strong net operating profit after tax of $15.2 million for the year ended 30 June 2012.
Pineland Farms Creamery, a dairy firm based in Maine, US, has announced that its natural cheese will be available at nearly 500 Kroger shops across the US.
Arla Foods has announced plans to close one of its two US dairy plants, as part of a drive to streamline its US business and refocus on speciality cheese.
Recent months have seen images of protesting farmers, tractors blockading dairy plants and retailer boycotts – all as a result of UK processor plans to reduce the price they pay to dairy farmers for their raw milk.
Milk Mantra, the newest entrant in the dairy market space of Odisha, has created a remarkable impact in the minds of the British lawmakers with its 'Ethical Milk Sourcing' programme for their 'Network Farmers.'
The Irish Dairy Board (IDB) has strengthened its position in the UK’s food ingredients and food service sectors by acquiring The Cheese Warehouse: a UK-based cheese ingredients supplier.
The Dairy Crest board has rubber stamped the proposed disposal of its spreads business, St Hubert - with the sale now on course to be completed by the end of the month.
UK-based Dairy Crest has cleared the final hurdle in the divestment of its French branded spreads business St Hubert to Montagu Private Equity, with its shareholders approving the €430m deal.
