California set a goal for dairy manure’s role in climate change
A new report says the state’s dairy farmers are on track to cut emissions enough to meet 2030 climate goals. About half of the reduction could come from converting manure into a gas that does less harm than petroleum-based sources. Stanislaus County is among the leaders in this venture so far. The report was released…
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 Dairy Partners Americas (DPA) for BRL700m (US$131.5m). Fonterra holds a 51% stake in the venture, set up in 2003, and Nestlé owns 49%. The transaction is expected…
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 and Drug Administration (FDA) will allow a California company called Upside Foods to take living cells from chickens and then grow them…
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, published today (Tuesday, December 13), Teagasc highlighted the prospects for the dairy sector in 2023. Teagasc outlined in the report that 2022 had been a challenging year…
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 headwinds, rampant inflation, supply chain shocks and the ongoing war in Ukraine. Despite the EU milk industry facing declining volumes, trade experts call for the…
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 business is producing enzymes, Chr. Hansen focuses more on enzymes and microbials for the food sector, while Novozymes’ largest business areas include enzymes for household products, food and beverages…
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 Incredible Dairy Animal Free Cream Cheese Spread Alternative in collaboration with Perfect Day, Berkeley, Calif., which developed a precision-fermented protein for use in…
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 highlight an unfolding crisis in the farming industry – brought Carmarthen town to a standstill but did…
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 been expounded for years, with a limited number of milk banks operating across Australia for premature or sick babies. But not all milk…
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 quarterly report. Consumer budgets are expected to be challenged by food price inflation and rising interest rates, although the impact of this…