Lactalis buys out Fonterra-Nestlé dairy venture in Brazil
French dairy major Lactalis has acquired the joint-venture assets in Brazil owned by Fonterra and Nestlé. Lactalis, which already has a presence in the South American country, has struck a deal for D...Read More
US declares lab-grown meat safe to eat in ‘groundbreaking’ move
The US government has cleared the way for Americans to be able to eat lab-grown meat, after authorities deemed a meat product derived from animal cells to be safe for human consumption. The US Food a...Read More
Teagasc forecasts milk prices to fall by 15% in 2023
A resumption in global milk production will dampen demand growth and drive down milk prices by 15% in 2023, Teasgasc has forecast. In its latest Economic Outlook for Irish Agriculture report, publish...Read More
EU dairy forecasts “uncertain” 2023 as milk availability is not abundant”
European dairy trading body Eucolait underscores the moral necessity of the block sharing its milk supply, albeit scarce, via free market trade at a time when societies grapple with post-pandemic head...Read More
Enzyme makers Novozymes and Chr. Hansen to merge
Danish food ingredients and enzymes makers Novozymes (NZYMb.CO) and Chr. Hansen (CHRH.CO) have agreed to merge, the two companies said in a joint statement on Monday. While both companies’ main busin...Read More
Bel adds more alternative dairy products to portfolio
The Bel Group and Bel Brands USA announced Dec. 8 the launch of two new alternative dairy options: Nurishh animal-free cream cheese spread and The Laughing Cow Plant-Based. Bel created its Nurishh In...Read More
Half naked woman in a bathtub making Welsh cheese win
Nearly four decades ago, Thelma Adams sat half naked in a bathtub of cold milk wearing a Cleopatra-style wig and was towed through the streets of a Welsh town. At the time the stunt – designed to to h...Read More
Babies at risk of black market breast milk in Australia
A growing trend for black market breast milk may be putting babies at risk, prompting Australian researchers to call for the establishment of regulated ‘milk banks’. The benefits of breast milk have...Read More
Weaker dairy markets in 2023 as demand dips
High food price inflation, combined with a modest recovery in milk production, is expected to weaken dairy markets and commodity returns as we head into the new year according to the latest Rabobank q...Read More
Vietnam Milks EAEU for all its Worth with New Dairy in Russia
Vietnam’s TH Milk is moving forwards with ambitious plans to spend US$2.7 billion on dairy facilities in Russia. This is in line with strengthening trade relations between Vietnam and the Eurasian Eco...Read More
Price of milk and curd increased to Rs 180 and 200 per kg in Pakistan
The Rawalpindi Milkmen Association has increased the prices of milk and curd per kilogramme while the price of eggs per dozen has exceeded the price of chicken meat. Similarly, the Nanbai Association...Read More
Global Dairy Trade index up slightly at an average of 3610 USD per MT
The latest Global Dairy Trade (GDT) event has concluded with the GDT price index up 0.6%. The average price was $3,610/MT with 29,570MT of product sold at today’s (Tuesday, December 6) event. There...Read More