News & Analysis on the Dairy Industry & Markets
US COMMODITIES CORNER
Increasing milk prices, falling feed prices, and strong global demand for dairy meant 2013 was a "very good year" for the US dairy industry, according to DairyReporter.com US dairy commodities expert and MilkPrice blogger, John Geuss.
Increasing Chinese and Asian demand for dairy products afforded GEA €120m ($163m) worth of orders from European processors in the last three months of 2013 alone, the German processing technology manufacturer has revealed.
The proportion of dairy product launches featuring omega 3 health claims has fallen in recent years as a result of “tightening" health claims legislation, Innova Market Insights has claimed.