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Monday, July 27, 2020
Global Dairy Weekly (week ended July 27, 2020)
Philadelphia, PA - Block cheese prices decreased throughout most of this week. Since reaching a record high of $3.00/lb last Mon, block prices have declined by a total of 46 cents. Barrels, on the other hand, have not declined. This has res ...
Sunday, July 26, 2020
Global dairy output seen to rise over the next decade
Over the next decade, global milk production is expected to increase by 1.6% annually, based on the latest published report on the World Agricultural Outlook for 2020-2029, AHDB reported.
Thursday, July 23, 2020
Sustainable dairy farming: Nine out of 10 Arla farmers on board from the start
To accelerate the reduction of CO2 emissions along its entire value chain, European dairy cooperative Arla Foods and its 9,700 farmer owners recently launched the first European wide, incentivised climate check programme, the company said o ...
Tuesday, July 21, 2020
Global Dairy Weekly (week ended July 17, 2020)
Philadelphia, PA - Block cheese prices were sent tumbling this week after hitting an all time record high of $3.00 per lb on Mon. By week-end, blocks had declined a total of 34.00 cents from the high and were 25.50 cents less than the price ...
Thursday, July 16, 2020
Byrne Dairy eyes US$28-million dairy plant expansion
Byrne Dairy is planning another expansion in its Ultra Dairy facility in DeWitt town in New York, creating 64 jobs and being able to produce dairy products with an unrefrigerated shelf life of up to one year, Syracuse reported.
Tuesday, July 14, 2020
Vegan dairy start-up's Series C funding reaches US$300 million
Perfect Day, a California, US-based food tech, has expanded its Series C funding round to US$300 million after a second tranche led by a US$50 million boost from Thematic Investing, Green Queen reported.
Monday, July 13, 2020
Global Dairy Weekly (week ended July 10, 2020)
Philadelphia, PA - Block cheese prices set another record this week reaching $2.9150/lb on Fri. While blocks gained, barrel cheese prices fell. This caused a second record: the highest spread between blocks and barrels ever recorded: $0.575 ...
Thursday, July 9, 2020
Demand for New Zealand's whole milk powder leads to higher prices at Global Dairy Trade auction
Prices at a Global Dairy Trade auction rose sharply on the morning of July 8 due to strong demand for New Zealand's biggest export, whole milk powder (WMP).
Wednesday, July 8, 2020
UAE gets 4,500 dairy cows from Uruguay
The United Arab Emirate has recently bolstered its food security which was affected by the COVID-19 pandemic by bringing in 4,500 dairy cows from Uruguay, Bloomberg reported in early July.
Monday, July 6, 2020
Global Dairy Weekly (week ended July 3, 2020)
Philadelphia, PA - Cheddar cheese did shake loose during the holiday-shortened trading week. For more than a month, we have had contacts guessing, "cheese prices will break next week." It hasn't happened yet.
Monday, June 29, 2020
Global Dairy Weekly (week ended June 26, 2020)
Philadelphia, PA - Block cheese was the most exciting commodity this week. Spot cheese prices made consecutive highs to start with week: $2.7025/lb on Mon and $2.81/lb on Tue. Then on Wed, the CME market value gave up all of the gains and t ...
Saturday, June 27, 2020
EU intervention programme harms US dairy prices
The US was "economically harmed by the EU's Intervention programme for European Union's Skim Milk Powder (SMP)" in three ways, according to an economic analysis published on June 18, Aberdeen News reported.
Friday, June 26, 2020
India's Goa Dairy farmers reject China's milk testing machines
The Goa Dairy farmers of India stated on Tuesday that the Chinese made milk testing machines supplied by the State government do not have the capacity to handle the testing of milk samples, Herald Goa reported.
Monday, June 22, 2020
Global Dairy Weekly (week ended June 19, 2020)
Philadelphia, PA - Block Cheddar cheese prices set another record this week settling on Fri at $2.65/lb, an all-time high. This week, for the first time, our contacts broadly started using the word "shortage" to describe Cheddar c ...
Monday, June 22, 2020
Vilofoss' X-Zelit improves dairy cow's immune systems
Vilofoss' X-Zelit feed for dairy cows improves the immune function as observed in a decreased expression of neutrophil inflammatory mediators, the company said recently, referring to a new study.
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