Dairy

Strong Growth in a Volatile Market for Arla

23 Feb 2017 --- Arla have delivered a solid business performance throughout 2016 and made a strong start to the delivery of its strategy, Good Growth 2020, despite highly volatile milk markets. While revenue declined due to the global price environment, Arla continued to improve the quality of its sales by moving more milk from bulk to brands, and Arla’s net profit grew 20.7 per cent to EUR 356 million.

Glanbia Reports Double Digit Growth, Proposes JV with Irish Dairy Co-op

22 Feb 2017 --- Glanbia have reported its seventh year of double digit growth, with operating profit of nearly $262.8m (€250m), up from $223.9m (€213m).

Profits Drop at Dean Foods, Caused by Weak Demand for Milk

17 Feb 2017 --- Dairy distributor Dean Foods have reported an increase to its Q4 earnings, but gave a downbeat 2017 outlook as milk volumes are still expected to come under pressure. The company forecast adjusted earnings of $1.35 to $1.55 per share for the current fiscal year and earnings of 12 cents to 20 cents a share for the first quarter. 

Danone Unveils €1 Billion Cost-Cutting Program as Growth Slows

15 Feb 2017 --- Danone has forecast slower profit growth this year and said it will seek to cut 1 billion euros ($1.1 billion) in costs by the end of the decade as the world’s largest yogurt maker grapples with an expected surge in milk prices. The maker of Activia and Actimel has said that it is targeting earnings per share growth of more than 5 percent, which would be the slowest in three years.

Demand for Protein is on the Rise in South-East Asia, Creating Opportunities for NZMP

15 Feb 2017 --- NZMP, Fonterra’s dairy ingredients business, believes South-East Asians’ growing appetite for protein offers exciting growth prospects for its protein ingredients brand and is teaming up with companies in the region to develop new protein-related products.

Dairy Groups Urge Trump to Raise New Canadian Milk Pricing Scheme

15 Feb 2017 --- The US dairy sector is urging President Donald Trump to discuss Canada’s protectionist milk pricing policy during the meeting with Prime Minister Justin Trudeau.

Agropur Reports Strong Earnings Growth

13 Feb 2017 --- North American dairy industry leader Agropur Cooperative has announced that revenues for the fiscal year ended November 1, 2016 amounted to nearly $6 billion. Earnings from operations grew by $105.7 million or 34.6% to $411.7 million. Net earnings before patronage dividends increased 63.1% to $154 million. The Cooperative therefore declared patronage dividends of $60.1 million, a 50% increase. The US component of revenues continued to grow, increasing to 44.3%.

Extended Lactation Does Not Impair the Quality or Cheese-Making Property of Milk

13 Feb 2017 --- On average, a Danish dairy cow calve once a year. However, there are many indications that fewer calvings and extended milking periods have more advantages. By extending the lactation by up to six month both the environmental and climate impact of the livestock production may be reduced, whereas productivity and animal welfare potentially improve.

New Clean Label System from TIC GUMS Suppresses Age Gelation in Dairy Beverages

07 Feb 2017 --- TIC Gums has expanded its robust portfolio of clean label hydrocolloids with new stabilizer systems designed for ready-to-drink, dairy-based protein beverages. 

KEY INTERVIEW: EPI Highlight Challenges in Dairy, Eyes Opportunities in Infant Nutrition

31 Jan 2017 --- EPI Ingredients produces, develops and markets dry dairy ingredients with the milk collected from Laïta’s cooperatives. These high-quality ingredients are designed to provide targeted benefits for various applications within the food industry, such as beverages, bakery and chocolate sectors and to the nutritional market for infants and adults. Thanks to its expertise in dry dairy products, EPI Ingredients can develop customized solutions to better fulfill customer’s needs.

2017: A Record Year of Investment for Arla

31 Jan 2017 --- Global dairy company and co-operative, Arla Foods, is rolling out serious investments throughout 2017 to the tune of US$358 million - one of its largest ever supply chain investments ever and almost 50% more compared with last year. Arla expects to invest in its production sites around the world to support its Strategy 2020 by moving more milk from bulk into branded retail sales and foodservice. 

US Dairy Companies Push Back Against Canada’s Protectionist Policies

31 Jan 2017 --- The US dairy industry have continued to push back against Canada’s protectionist policies that are effectively blocking American dairy imports into the country in violation of international agreements. A group of 17 dairy companies representing dairy farmers and processors from coast to coast asked governors in 25 states to urge Canadian policymakers to uphold existing trade commitments with the United States and halt the imminent implementation of a national strategy that would unfairly subsidize Canadian dairy products in its domestic and global markets.

Fonterra Taps into Brazilian Market with First Sale of Individual Quick Frozen Mozzarella

31 Jan 2017 --- It’s the self-proclaimed Pizza Capital of the World and every Sunday, millions of Paulistanos – as residents of São Paulo are known – go out to their local pizzeria to eat pizza.

Omya Targets Vegan Drink Market with Calcium-Enriched Solutions

27 Jan 2017 --- Omya offers high purity natural calcium carbonates for fortification purposes. With its high content of bioavailable elemental calcium (approximately 40%), the Calcipur brand is one of the most concentrated and therefore efficient sources of calcium available. When producing plant-derived drinks based on soy, rice, oat, coconut or almond, the right particle size is critical to ensure stability and that sedimentation rates are as low as possible. 

Arla Triumphs at Product of the Year Awards

23 Jan 2017 --- Arla Foods UK has capped off an incredible first year for Arla B.O.B after it was awarded ‘Product of the Year 2017’ in the milk category. Launched exactly a year ago by the farmer-owned dairy company, Arla B.O.B was recognised by the highly prestigious consumer survey on innovation.

Vitamin D Enriched Fresh Milk Launched In Asda UK

16 Jan 2017 --- Asda Vitamin D milk has been launched in Asda stores across the UK. This fortified fresh milk from Arla is designed to help customers obtain their recommended daily allowance of Vitamin D.

US Dairy Sector Accuses Canada of Flouting Trade Obligations in Letter to Trump

12 Jan 2017 --- Dairy organizations in the US have written to president-elect Donald Trump to spell out how Canada’s trade actions are hurting the dairy industry and driving down prices.

DuPont Nutrition & Health to Increase Cultures Manufacturing Capacity in Europe

11 Jan 2017 --- DuPont Nutrition & Health has announced a further increase in its manufacturing capacity – this time in Europe. The company will invest $60 million expanding three cultures production sites in the region as a response to increasing demand for frozen and freeze-dried starter cultures from the global yogurt, fresh fermented and cheese markets. 

DuPont Expands Cheese Facility Capabilities

11 Jan 2017 --- DuPont Nutrition & Health have announced a substantial investment in a laboratory that serves the North American cheese industry. In addition to expanded physical space at the Kansas City metro area lab, new equipment has been installed, including three bio fermenters to simulate external pH control starter production, an incubator for growing cultures, a cheese vat for making cheese, and two environmental cabinets for aging cheese. 

KEY INTERVIEW: FrieslandCampina Eyes Overnight Recovery as Future Platform for Dairy Proteins

09 Jan 2017 --- FrieslandCampina Ingredients were exhibiting their latest innovations in sports nutrition at HIE 2016, Frankfurt, where protein innovations were strongly represented - for sports and weight management the global trend is to increase protein levels.