US dairy producers set for strong margins in 2024 as milk prices …
Aug 15, 2024 — US dairy producers may be in for favorable margins through the rest of 2024 thanks to strong milk prices and lower feed costs, according to Ever.Ag analysts. Class III milk prices remain in the $20 range, with Class I and Class II both above $20. At the same time, strong corn and soybean production coupled with greater exports may continue the ...
Bega Cheese confirms Lion Dairy & Drinks acquisition
Nov 26, 2020 — Bega Cheese Limited said it has entered into a binding share sale and purchase agreement to acquire all of the shares in Lion Dairy & Drinks from Japan’s Kirin Holdings for a net acquisition price of A$534m (US$393m). Completion of the acquisition is anticipated to occur at the end of January 2021. In November last year, Kirin Holdings seemed ...
Global dairy trade outlook
Feb 27, 2024 — The US Dairy Export Council (USDEC) looks at the major factors that could influence global dairy demand, and what that means for US suppliers. US dairy exports slumped 7% in 2023 due to weak demand and increased competition across the board, with just high-protein whey (WPC80+ exports increased 18%), lactose (+5%) and condensed milk (+7% ...
America’s favorite ice cream flavors and toppings, ranked
May 23, 2024 — The International Dairy Foods Association (IDFA) has revealed the most popular ice cream flavors, as ranked by US consumers. In the trends survey carried out alongside Morning Consult, shoppers were also asked about their favorite confectionery to pair with ice cream, preferred toppings, favorite setting to enjoy ice cream, and more.
‘Regenerative kind of came to us’: Maple Hill Creamery founder …
Nov 14, 2023 — “When we started doing this, regenerative wasn’t even a word yet,” Tim Joseph told DairyReporter as he discussed the 135-farm dairy’s difficult early years, reaping the rewards of regenerative farming practices, and taking the US consumer along for the ride.
General Mills to sell North American yogurt business in $2.1bn deal
Sep 12, 2024 — Processing equipment & systems, automation, control. Lactalis and Sodiaal to acquire General Mills’ $2.1bn North American yogurt business. In a hotly-anticipated ‘elephant deal’, Häagen-Dazs owner General Mills has agreed to sell its US and Canada yogurt businesses, including brands Yoplait and Liberté. Dairy major Lactalis is set to ...
What’s Hornbacher, the 2024 World Champion Cheese?
Mar 11, 2024 — Swiss aged raw cow's milk cheese Hornbacher was named World Champion Cheese at the 2024 World Championship Cheese Contest. Photography: Andy Manis. Nicknamed ‘the baked potato cheese’ for its complex umami taste, Hornbacher was until recently only sold in the cheese shop ran by its four-time world champion cheesemaker, Michael Spycher.
Why are UK dairy producers quitting the industry?
Aug 6, 2024 — British dairy producers have been quitting the industry in record numbers, according to the latest AHDB survey. The data shows that there were around 7,130 producers in the UK in April 2024, which is 5.8% lower than a year ago. In comparison, there were 7,570 active producers in April 2023 and 7,500 in October 2023, suggesting that 440 farmers ...
Danone bolsters Alpro manufacturing capacity with newly …
Feb 15, 2024 — According to the Good Food Institute Europe, a think tank, plant-based milk was the leading category in plant-based food alternatives by sales value and unit sales in 2022. Plant-based milk alternatives generated €2.21bn in sales in 2022, a growth of 7% year-on-year and 19% since 2020. The category held a market share of 11% in milk, with oat ...
Müller reveals major export plans as it agrees Yew Tree Dairy deal
Jun 6, 2024 — Processing equipment & systems, automation, control. Müller reveals major export plans as it agrees Yew Tree Dairy deal. The UK’s largest milk supplier is set to leverage Yew Tree's milk powder production capabilities to grow its export footprint. Müller UK & Ireland is taking over Yew Tree Dairy, a 120-year-old family business and a rival ...