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Dairy

Set Alert for Dairy

China's milk production to secure gains on rising productivity

China's recent modernisation efforts and investment into the dairy complex are to overpower the effects of Covid-19 this year, with production expected to rise and WMP imports to drop on plentiful domestic stocks.

China Milk Production

Japan reduces SMP import quota

Japan has announced it has revised its allocated SMP yearly quota (appointed by the agriculture ministry) to just 750 tonnes.

Japan SMP Imports

Butter

Set Alert for IEG Vu Dairy :: Butter

EU offers 10-year phase-in for New Zealand dairy TRQs

The European Union is offering New Zealand preferential access for up to 6,000 tonnes of butter and up to 15,000 tonnes of cheese under the terms of the planned EU-New Zealand free trade agreement, IHS Markit can reveal.

Trade Agreements Butter

Dairy Price Update: Strong fundamentals reasserting themselves on European dairy markets

The price recovery for major western European dairy commodity markets has continued over the past week, with prices mostly rising for a fourth consecutive week.

EU SMP

Dairy Price Update: Spot cheese prices continue to surge in the US

Some of the US' larger publicly traded pizza companies announced strong sales growth, which can be viewed as good demand proxy for the overall state of the mozzarella market.

United States Cheese

Uruguayan dairy exports dip January-April

Uruguay’s dairy exports slipped by 5.3% in the first four months of the year, though its revenue still rose, according to the National Milk Institute (Inale). 

Uruguay Cheese

Dairy Price Update: UK prices up on easing Covid-19 lockdown measures

UK prices have seen across-the-board increases for all its wholesale commodities in the month of May, as demand has staged a comeback on easing coronavirus lockdown measures in Europe.

Butter United Kingdom

Dairy Price Update: European dairy prices continue to rise as lockdown is lifted

The positive sentiment on European dairy markets is persisting, with prices rising across major bourses for most commodities.

France Germany
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Cheese

Set Alert for IEG Vu Dairy :: Cheese

Saputo’s revenues hit by Covid-19 consumer shift

Saputo secured solid revenue in full year 2020, but adjusted EBITDA was significantly down in the fourth quarter (Q4) on effects of consumer demand shift amid the Covid-19 pandemic.

Saputo Dairy Products

China greenlights Turkish dairy exports

China has opened access to Turkish dairy exporters to supply dairy to China, said Turkey's agriculture ministry, clearing way for 54 Turkish companies.

Exports Turkey

Dairy Price Update: Spot cheese prices continue to surge in the US

Some of the US' larger publicly traded pizza companies announced strong sales growth, which can be viewed as good demand proxy for the overall state of the mozzarella market.

United States Cheese

US sales of plant-based foods outpaced conventional segment during Covid-19

US plant-based food retail sales have outpaced total food sales during the Covid-19 pandemic, with plant-based meat sales showing strong growth while animal meat sales were declining.

Cattle & Beef Cheese

Uruguayan dairy exports dip January-April

Uruguay’s dairy exports slipped by 5.3% in the first four months of the year, though its revenue still rose, according to the National Milk Institute (Inale). 

Uruguay Cheese

UK food and drink exports badly hit by coronavirus

In the first quarter of 2020, UK exports of food and drink fell by over GBP700 million (USD857 mln) to GBP 5.1billion, a decline of 12.5% from the same period in 2019.

Europe United Kingdom
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Milk

Set Alert for IEG Vu Dairy :: Milk

Argentine milk output and prices rise y-o-y

Argentina’s milk production and prices grew in yearly comparisons this April, according to the Argentine Dairy Directory, linked to the country's Ministry of Agriculture (DNL-MAGyP).

Argentina Milk

Mexican dairy industry expects slowdown on economic difficulties

Despite an expected slowdown in the Mexican dairy industry due to the economic crisis, production is to continue slow growth, stimulated by consumption and retail demand.

Mexico Milk

Dairy Price Update: Strong fundamentals reasserting themselves on European dairy markets

The price recovery for major western European dairy commodity markets has continued over the past week, with prices mostly rising for a fourth consecutive week.

EU SMP

Dairy Price Update: Spot cheese prices continue to surge in the US

Some of the US' larger publicly traded pizza companies announced strong sales growth, which can be viewed as good demand proxy for the overall state of the mozzarella market.

United States Cheese

Dairy Price Update: UK prices up on easing Covid-19 lockdown measures

UK prices have seen across-the-board increases for all its wholesale commodities in the month of May, as demand has staged a comeback on easing coronavirus lockdown measures in Europe.

Butter United Kingdom

Milk collection increases among Brazil’s largest companies

The largest milk processing plants in Brazil collected larger volumes in 2019 versus the previous year, according to the Brazilian Association of Milk Producers (Leite Brasil).

Brazil Milk
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Powders

Set Alert for IEG Vu Dairy :: Powders

Dairy Price Update: SMP futures down in Europe

SMP has showed weakness this week, with European futures down for all contracts to the end of Q3, while New Zealand’s futures exchange saw milk powders rise as 2019/20 milk season wrapped up last week.

Europe New Zealand

EU offers 10-year phase-in for New Zealand dairy TRQs

The European Union is offering New Zealand preferential access for up to 6,000 tonnes of butter and up to 15,000 tonnes of cheese under the terms of the planned EU-New Zealand free trade agreement, IHS Markit can reveal.

Trade Agreements Butter

Dairy Price Update: Strong fundamentals reasserting themselves on European dairy markets

The price recovery for major western European dairy commodity markets has continued over the past week, with prices mostly rising for a fourth consecutive week.

EU SMP

China allows imports of whey permeate for human consumption

China's National Health Commission (NHC) has published a temporary standard for dairy permeate powder for human consumption, which means that China is now ready to import such commodity under the first-ever guidelines.

China Arla

Dairy Price Update: Spot cheese prices continue to surge in the US

Some of the US' larger publicly traded pizza companies announced strong sales growth, which can be viewed as good demand proxy for the overall state of the mozzarella market.

United States Cheese

Uruguayan dairy exports dip January-April

Uruguay’s dairy exports slipped by 5.3% in the first four months of the year, though its revenue still rose, according to the National Milk Institute (Inale). 

Uruguay Cheese
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Dairy Products

Set Alert for IEG Vu Dairy :: Dairy Products

Saputo’s revenues hit by Covid-19 consumer shift

Saputo secured solid revenue in full year 2020, but adjusted EBITDA was significantly down in the fourth quarter (Q4) on effects of consumer demand shift amid the Covid-19 pandemic.

Saputo Dairy Products

Mexican dairy industry expects slowdown on economic difficulties

Despite an expected slowdown in the Mexican dairy industry due to the economic crisis, production is to continue slow growth, stimulated by consumption and retail demand.

Mexico Milk

Vietnam moves to slash tariffs on dairy products

Vietnam is lowering tariffs on imports of several dairy products effective July 10, drawing praise from the US Dairy Export Council (USDEC), which had pushed for the change.

Vietnam Dairy Products

Vinamilk expands dairy presence to South Korea

Vietnamese milk giant Vinamilk is continuing its expansion efforts, as it announces the start of sales of premium milk products in South Korea.

China South Korea

China greenlights Turkish dairy exports

China has opened access to Turkish dairy exporters to supply dairy to China, said Turkey's agriculture ministry, clearing way for 54 Turkish companies.

Exports Turkey

Russian producer launches buckwheat ice cream

Novosibirsk-based ice cream factory Polaris has announced that its new product was inspired by the spring panic buying of buckwheat in the CIS states.

Russian Federation Dairy Products
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