Fonterra signs up farms for a2MC
Fonterra is signing up farms to supply milk for The a2 Milk Company in the 2019/2020 season.
Archives for February 20, 2019
Danone sees 2018 sales dip, but ends fourth quarter on a high note
Danone reported a total 2018 net profit of €2.35bn (US$2.66bn), compared with €2.45bn in 2017. But its fourth-quarter performance was better than expected after a tough global year.
General Mills to shutter yogurt plant in California
General Mills is focusing on ‘restructuring actions’ in its yogurt business and closing a facility in Carson, Calif. The company also reaffirmed its end-of-year financial targets at an investor conference in New York.
Melamine 10 years on: Foreign and ‘foreign’ firms vie for position
A decade after the first convictions were handed down to figures at the center of a tainted infant milk powder scandal that rocked consumer confidence in Chinese domestic dairy products, how have local firms clawed their way back and what have foreign...
Japan dairy price hikes: Three major brands to pass on increased production costs
Morinaga, Megmilk Snowbrand, and Meiji, will introduce new prices for their milk, yogurt, and other dairy products with effect from April 1, as firms seek to come to terms with lower domestic milk production and higher costs.