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Dairy

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Dairy products with milk fat substitutes to be excluded from Russia's technical regulations

The Russian dairy industry has pushed ahead with excluding vegetable-containing products posing as dairy from dairy technical regulations.

Russian Federation Dairy Products Cheese

Mexican SMP imports to continue growing

Mexico's growing appetite for skimmed milk powder (SMP) will make it retain its position as the world’s largest SMP importer, as industrial production needs continue to dominate the country's attention.

Mexico SMP WMP

Butter

Set Alert for IEG Vu Dairy :: Butter

Dairy Price Update: Global futures stable, minor uplift in European butter

Global futures at a standstill with only marginal upwards movements in European butter.

Europe Butter

Dairy Price Update: Eastern European butter rises

While butter in western Europe remained largely unchanged this week, origin countries to the east of the continent have been seeing increases, with most significant in Czechia nearing yet another peak.

Czech Republic Poland

Dairy Price Update: Differing views over SMP prospects as European prices rise again

Skimmed milk powder prices in Europe have continued to rise over the past week, despite generally calmer market conditions than in previous weeks. However, views differ as to how much further the price still has to rise before the market finds equilibrium.

Price SMP

EU dairy trade organisation calls for urgent resolution of US tariff dispute

Brussels-based Eucolait has called for an urgent resolution of the US Airbus-Boeing dispute and related tariffs on EU dairy exports.

EU Cheese

Dairy Price Update: US butter price pressured by heavy stocks

Heavy butter inventories in the US pressured prices during Thanksgiving holiday week, with traders hoping for stronger demand in 2020 will alleviate prices in the long-run.

United States Butter

IEG Vu Prices Briefing: Declines for butterfat and cumin, EU pig uptrend continues

Butterfat prices weakened further at last week’s GDT, while Germany led the continued surge of European pig prices. Indian cumin spot prices also fell this week as export competition kept a lid on wheat futures on the CBOT.

Coffee Dairy
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Cheese

Set Alert for IEG Vu Dairy :: Cheese

EU dairy trade organisation calls for urgent resolution of US tariff dispute

Brussels-based Eucolait has called for an urgent resolution of the US Airbus-Boeing dispute and related tariffs on EU dairy exports.

EU Cheese

Dairy Price Update: US butter price pressured by heavy stocks

Heavy butter inventories in the US pressured prices during Thanksgiving holiday week, with traders hoping for stronger demand in 2020 will alleviate prices in the long-run.

United States Butter

France and EU vow to retaliate against US tariffs on champagne and cheese

The European Commission has said the EU will “act as one” if the US follows up on its threat to impose new tariffs on French agri-food products.

Wines Cheese

Brazilian dairy imports see monthly reductions in October

Brazil’s volumes of imported dairy products slipped in October, according to data from the Secretariat of Foreign Trade (SECEX).

Brazil Dairy

Denmark to face ECJ for allowing exports of "feta" white cheese

The European Commission announced this week that it has referred Denmark to the European Court of Justice (ECJ) for failing to prevent Danish companies from producing and exporting white cheese labelled as "feta" to non-EU countries.

EU Cheese

US threatens France with 100% tariff on Champagne

The United State Trade Representative (USTR) is considering imposing additional tariffs of up to 100% on a variety of imported products from France, including Champagne and specialty cheeses, in response to the EU member state's Digital Services Tax (DST).

Tariffs Cheese
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Milk

Set Alert for IEG Vu Dairy :: Milk

Tesco launches food and soy sustainability initiatives

UK supermarket giant Tesco announced its support of a project to end deforestation in Brazil’s Cerrado, and launched a programme with the WWF to measure the sustainability of various foods.

Sustainability Brazil

Australia’s milk production to fall to 25-year low

Australia's milk production is expected to continue to shrink in 2020, as a result of continued drought and consequently high input costs for feed and water resources.

Australia Milk

Finnish dairy giant Valio aims for carbon neutrality

Finnish dairy company Valio says it is aiming to become carbon neutral by 2035 and will kick off the project by offering training to 200 farmers over the course of 2020 to cut emissions.

Finland Dairy Products

Dairy Price Update: US butter price pressured by heavy stocks

Heavy butter inventories in the US pressured prices during Thanksgiving holiday week, with traders hoping for stronger demand in 2020 will alleviate prices in the long-run.

United States Butter

Dairy Price Update: Ukrainian prices continue surging on low stocks

Ukrainian traders have continued raising export prices for dairy commodities in December, as national milk supplies continue thinning.

Ukraine SMP

Exemptions to Saudi Arabian beverage sugar tax

Saudi Arabia’s General Authority of Zakat and Income Tax (GAZT) application of a 50% tax on sugar-sweetened beverages started on December.

Saudi Arabia Middle East and Africa
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Powders

Set Alert for IEG Vu Dairy :: Powders

Dairy Price Update: Differing views over SMP prospects as European prices rise again

Skimmed milk powder prices in Europe have continued to rise over the past week, despite generally calmer market conditions than in previous weeks. However, views differ as to how much further the price still has to rise before the market finds equilibrium.

Price SMP

Dairy Price Update: US butter price pressured by heavy stocks

Heavy butter inventories in the US pressured prices during Thanksgiving holiday week, with traders hoping for stronger demand in 2020 will alleviate prices in the long-run.

United States Butter

Dairy Price Update: Oceania futures in line with butterfat slump at latest GDT event

NZX futures saw significant declines in butterfat this week, as New Zealand’s milk collections reach peak period.

Butter New Zealand

Dairy Price Update: Ukrainian prices continue surging on low stocks

Ukrainian traders have continued raising export prices for dairy commodities in December, as national milk supplies continue thinning.

Ukraine SMP

Brazilian dairy imports see monthly reductions in October

Brazil’s volumes of imported dairy products slipped in October, according to data from the Secretariat of Foreign Trade (SECEX).

Brazil Dairy

Dairy Price Update: European SMP prices still rising, but tone becomes a little less bullish

European dairy product prices are continuing to rise, but there are signs that the autumn price surge for milk powder may be starting to lose at least some of its potency.

SMP France
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Dairy Products

Set Alert for IEG Vu Dairy :: Dairy Products

China announces new national standard for organic products

On August 30, China published a revised national standard for organic products. The new standard will take effect on January 1, 2020. On November 12, 2019, China also released revised organic certification rules and an eligible product catalogue; these will also take effect on January 1, 2020.

Asia Pacific China

Froneri gains foothold in the US through Nestlé’s ice cream acquisition

Nestlé has announced that it reached an agreement to sell its US ice cream business to market giant Froneri.

United States Nestle

EU dairy trade organisation calls for urgent resolution of US tariff dispute

Brussels-based Eucolait has called for an urgent resolution of the US Airbus-Boeing dispute and related tariffs on EU dairy exports.

EU Cheese

Finnish dairy giant Valio aims for carbon neutrality

Finnish dairy company Valio says it is aiming to become carbon neutral by 2035 and will kick off the project by offering training to 200 farmers over the course of 2020 to cut emissions.

Finland Dairy Products

Vietnamese company to expand its coconut milk and water production

Vietnam’s coconut processor Betrimex has announced that it will invest around USD50 million to expand its coconut milk and water and dehydrated product manufacturing capacity in 2022, to increase sales in China. 

Nut Milks Desiccated Coconut

Arla to shut down dairy factory in Sweden

Arla Foods has announced it will shut down its Gefleortens plant in Sweden on financial problems that the site has been facing.

Sweden Arla
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