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Dairy

Set Alert for Dairy

SMP tender offers flood in, but prices still too low for EU

EU officials have been overwhelmed by a sudden surge in demand for skimmed milk powder (SMP) from intervention stocks.
SMP EU Tenders

Daily Price Update 23/11/2017: European butter still volatile

Quite a mixed situation in Czech Republic and Poland this week, with significant drops in powders and a slightly slower butter slide.

Butter SMP Price
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Butter

Set Alert for IEG Vu Dairy :: Butter

Daily Price Update 22/11/2017: EU SMP market game changer due

 The European Commission is expected to further open its milk powder store cupboards as officials meet tomorrow (Nov 23) to decide on SMP tender offers.
SMP Butter

Milk powder heads shock price falls at global dairy auction

Prices are down across the board at today’s historic 200th global dairy event, with skimmed milk powder (SMP) plunging to its lowest level in 18 months.
SMP WMP

Fonterra's milk output up by 3% in October

Good weather pushed New Zealand’s milk production up 3% in October compared to last year, as the weather improved towards the second part of the month.

Fonterra New Zealand

Daily Price Update 20/11/2017: auction boost for milk powders

Skim milk (SMP) and whole milk (WMP) powders futures witnessed an all-round price rise across contracts, signalling upward pressure in tomorrow’s (Nov 21) Global Dairy Trade (GDT) event.

New Zealand WMP

Daily Price Update 17/11/2017: US seasonal slump beckons

US cheese prices are down this week, as are butter returns, as seasonal factors begin to kick in as we approach Thanksgiving.
Cheese Butter

Kerrygold for Korea as Irish butter demand spreads

Ireland’s Ornua is launching its iconic Kerrygold butter in South Korea – a trend which is likely to further accelerate the upward movement of butter prices.
Butter South Korea
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Cheese

Set Alert for IEG Vu Dairy :: Cheese

Diversifying Belarus not ready to cut dairy ties with Russia

Belarus is focusing on export diversification with the help of the fast-growing domestic dairy industry. But is committed as ever to supplying Russia, its deputy prime minister said in a TV interview.

Belarus Exports

Daily Price Update 17/11/2017: US seasonal slump beckons

US cheese prices are down this week, as are butter returns, as seasonal factors begin to kick in as we approach Thanksgiving.
Cheese Butter

Taco Bell, Pizza Hut drive US cheese exports

US cheese exports have hit record highs, driven by Western-style restaurant chains abroad.

Cheese Asia Pacific

Norway's TINE hit hard by end of export subsidies

Norway’s biggest dairy producer TINE has reported weaker sales and operating income on lower international sales, which were hit by last year’s decision by the Norwegian government to end export subsidies.

Norway Dairy Products

End in sight for China as a mega dairy importer?

The Chinese demand boom that added rocket boosters to the dairy industry for the past decade is coming to an end, says a new US report.
WMP Milk

Bega Cheese moves forward to increase peanut supply

Bega Cheese has offered AUD12 million (USD9.18 mln) to take over the Peanut Company of Australia (PCA).

Peanuts Australia
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Milk

Set Alert for IEG Vu Dairy :: Milk

Fonterra's milk output up by 3% in October

Good weather pushed New Zealand’s milk production up 3% in October compared to last year, as the weather improved towards the second part of the month.

Fonterra New Zealand

Innovations driving East Africa dairy potential

Innovations are driving production advances in Africa’s largest milk-producing hub, a conference opening today (Nov 15) in Johannesburg will hear. But it is not South Africa or Egypt, but East Africa in the spotlight.
Milk SMP

Brazil imports less dairy as consumers feel the squeeze

Weakening Brazilian demand has resulted in a sharp fall in dairy imports by South America’s most populous country.
SMP Milk

US milk consumption dips as dairy alternative market emerges

Per capita consumption of dairy milk beverages fell by -22% between 2000 and 2016, with plant-based milks posing the greatest threat to the industry. 

United States Milk

End in sight for China as a mega dairy importer?

The Chinese demand boom that added rocket boosters to the dairy industry for the past decade is coming to an end, says a new US report.
WMP Milk

Dean Foods reports 91% profit drop in Q3

Dean Foods is fighting to maintain market share in a radically changed US dairy and retail environment.

Dairy Products United States
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Powders

Set Alert for IEG Vu Dairy :: Powders

Daily Price Update 22/11/2017: EU SMP market game changer due

 The European Commission is expected to further open its milk powder store cupboards as officials meet tomorrow (Nov 23) to decide on SMP tender offers.
SMP Butter

Milk powder heads shock price falls at global dairy auction

Prices are down across the board at today’s historic 200th global dairy event, with skimmed milk powder (SMP) plunging to its lowest level in 18 months.
SMP WMP

Fonterra's milk output up by 3% in October

Good weather pushed New Zealand’s milk production up 3% in October compared to last year, as the weather improved towards the second part of the month.

Fonterra New Zealand

Daily Price Update 20/11/2017: auction boost for milk powders

Skim milk (SMP) and whole milk (WMP) powders futures witnessed an all-round price rise across contracts, signalling upward pressure in tomorrow’s (Nov 21) Global Dairy Trade (GDT) event.

New Zealand WMP

More infant formula makers win Chinese approval

A total of 65 enterprises and 378 infant formulas have been approved so far under new registration rules for IMF brought in last year.
IMF China

Daily price update 15/11/2017: EU has set 'floor' on SMP decline

The EU intervention scheme, which was launched initially to help milk producers, is now coming to the aid of processors – by putting a safety net under what had been rapidly declining skimmed milk powder (SMP) prices.
SMP Butter
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Dairy Products

Set Alert for IEG Vu Dairy :: Dairy Products

Danone works on raising standards and export potential in Ukraine

Improving standards of dairy and accelerating exports in Ukraine are the key company interests identified by Danone’s new chief executive in the country. Ukraine is one of Danone’s fastest top 10 countries for product development, said Nathalie Alquier.

Ukraine Dairy Products

Diversifying Belarus not ready to cut dairy ties with Russia

Belarus is focusing on export diversification with the help of the fast-growing domestic dairy industry. But is committed as ever to supplying Russia, its deputy prime minister said in a TV interview.

Belarus Exports

Fonterra's milk output up by 3% in October

Good weather pushed New Zealand’s milk production up 3% in October compared to last year, as the weather improved towards the second part of the month.

Fonterra New Zealand

EU dairies set out three crucial Brexit tests

Europe’s dairy processors have set out three crucial planks of any future trade deal between the EU and the UK to avoid damaging annual trade flows of some EUR4 billion.

Dairy Products Brexit

Norway's TINE hit hard by end of export subsidies

Norway’s biggest dairy producer TINE has reported weaker sales and operating income on lower international sales, which were hit by last year’s decision by the Norwegian government to end export subsidies.

Norway Dairy Products

US milk consumption dips as dairy alternative market emerges

Per capita consumption of dairy milk beverages fell by -22% between 2000 and 2016, with plant-based milks posing the greatest threat to the industry. 

United States Milk
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