Archives for May 23, 2018

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Fonterra raises milk price forecast

By Jim Cornall

New Zealand’s Fonterra Co-operative Group Limited has announced an opening forecast Farmgate Milk Price of NZ$7.00 (US$4.84) per kgMS for the 2018/19 season.

Dairy Crest announces £85m cheese business investment

By Jim Cornall

UK dairy company Dairy Crest has announced it is investing £85m ($113.6m) in growing the capacity of its cheese business, £75m ($100m) of which will be invested at its Davidstow, Cornwall, plant.

UK sets sugar reduction targets for juice and milk-based drinks

By Rachel Arthur

Juice and milk-based drinks are currently exempt from the UK’s sugar tax: but Public Health England has set out targets for sugar reduction in these categories – and says that progress will be taken into account when it reviews the milk-based drinks...