News & Analysis on the Dairy Industry & Markets
Updated
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.
Australia
Monash University has named Chobani as the first client of its A$3m Food Innovation Centre.
The addition of milk fat globule membranes to infant formula is linked to a child’s brain development, improved nutrient absorption and strengthening of the immune system, a review concludes.
China direct
Half of urban Chinese consumers now snack on ice cream at home—an increase of 10 percentage points in just two years.
The US fire department has lifted a 1.5 mile evacuation zone around Arkema, Crosby plant in Texas.
According to its first half-year financial report, revenue of Dutch dairy company Royal FrieslandCampina N.V. increased by 10.7% to €6.1bn ($7.3bn).