Looking back on a year of world dairy trade, butter was the top performer with prices climbing 40% followed by rising cheese prices, contrasting with the drop in whole milk powder and skimmed milk powder (SMP) prices (12% and 28%, respectively), a USDA...
US per capita dairy consumption reached 591 lbs in 2016, up from 566 lbs in 2010, driven by demand for cheese and butter, Dairy Management Inc. (DMI) CEO Tom Gallagher said during the 2017 annual meeting of US dairy organizations.
Global Dairy Trade says its GDT Marketplace has grown strongly over the past quarter, with a 40% increase in buyers and doubling of sellers since our June update.
The European Energy Exchange (EEX) and Global Dairy Trade (GDT) have signed a letter of intent to evaluate the possibility of working together to set up and operate an auction mechanism for dairy products originating in Europe.
A team of food scientists has found decreasing the fat globule size in milk can change the consistency of cold butter, making it easier to spread and low-fat cream easier to whip.
Linx Printing Technologies has expanded its range of specialist inks with the introduction of a formula that meets the challenges of coding onto oily surfaces, such as butter packaging.
Fat globules are the secret to creating low-fat cream that’s easier to whip, cold butter that’s more spreadable and dairy cream powders that can be tailored for a range of products from milk to cheese to yoghurts.
Butter may be in the news because of potential short supply, but butter from the Scottish Orkney Islands has reached new heights not of price, but in terms of elevation.
Grupo Lala has agreed to acquire 91.99% equity share of Brazilian dairy company Vigor Alimentos S.A., as well as its shareholding in Itambé Alimentos S.A., for US$1.8bn (R$5,725m).
Global food prices have risen for the third month in a row, hitting a 31-month high partly led by higher prices for butter and cheese, according to the FAO food price index compiled by the UN.
Irish dairy manufacturer Ornua, maker of Kerrygold butter, has won a trademark dispute against Wisconsin-based Old World Creamery over use of the name “Irishgold” on its butter and cheese products.
Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.
The value of milkfat has increased significantly in the US market driven by changing consumer attitudes towards high-fat dairy products, according to new analysis by the National Milk Producers Federation (NMPF).
Milk production is expected to accelerate worldwide especially in India where it will grow 49% by 2026, contrasting with the steady decline of milk consumption in developed markets like the US, according to the OECD-FAO Agricultural Outlook 2017-2026.
French bakery associations, La Fédération des Entrepreneurs de Boulangerie (FEB) and Les Fabricants de Biscuits et Gâteaux de France, have risen the alarm over the relentless upward drive of the butter price and the slippery slope now facing the industry.
Ornua, Ireland’s largest exporter of primary Irish dairy products, has published a review of its 2016 operational and financial performance, as well as a goal to build revenues of €3bn ($3.3bn) by 2021.
Dean Foods reported an increase in net sales for Q1 2017 reaching $2bn, up from $1.88bn from the same period last year, but registered a 1.3% decline in total volume production for the quarter.
Demand for cheese is up nearly 3% according to Nielsen data (ending 52 weeks Mar. 25, 2017), a slight drop from 2016 levels of 3.3% demand, but a minimal decrease in demand should not be overlooked, according to Blimling & Associates director, Phil...
Ornua Foods North America has filed a trademark lawsuit against Old World Creamery and its newly-formed brand, Eurogold, in Wisconsin for naming its new butter product “Irishgold” because Ornua says it is substantially similar to its Kerrygold Irish butter...
Machinery from Swiss butter and margarine processing company Egli AG, and its partner packaging company, Lithuania’s Fasa, is now available to UK producers through Dairy Machinery UK.
New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.
Swiss dairy company Emmi increased group sales by 1.4% to CHF 3.26bn ($3.26bn) in 2016, however, excluding currency and acquisition effects, this equates to a decline of 1.0%.
Taking advantage of butter’s current, albeit controversial, status as “back,” chefs and manufacturers are taking the ingredient to new levels with innovative flavors and formats.
Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.
Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.
Coveris, which makes packaging for liquid milk products, yogurt, soft, processed and natural cheese, among others, will close its Anderson, US, facility, axing 100 jobs next year.