20 dairy firms emit more greenhouse gas than Germany, Britain or France
Twenty livestock companies are responsible for more greenhouse gas emissions than either Germany, Britain or France – and are receiving billions of dollars in financial backing to do so, according to a new report by environmental campaigners. Raising livestock contributes significantly to carbon emissions, with animal agriculture accounting for 14.5% of the world’s greenhouse gas…
Global dairy prices moved up by 4% with SMP touching USD 3274/MT
Dairy prices jumped 4 per cent at the global auction overnight, the biggest increase in six months, with gains across all products. The global dairy trade price index posted its biggest increase since early March, when it jumped 15%. The average price for whole milk powder, which has the most impact on what farmers are…
Russia may be on the brink of a raw milk deficit due to drought
A sharp rise in costs accompanied by recent droughts has hampered Russian milk production and has created a threat of a shortage of raw milk, said Artem Belov, general director of the Russian union of dairy producers, Soyuzmoloko. Raw milk production growth is slowing down and at the end of August, on a year-to-year comparison,…
Market fundamentals to remain mostly supportive of dairy prices
Market fundamentals through the coming quarters are expected to remain mostly supportive of prices. Despite the profound challenges posed by the tangle of ground and sea logistics affecting most major supply chains, it is difficult to see any major disruption in the supply & demand landscape that could upset these settings through the remainder of…
Market fundamentals to remain mostly supportive of dairy prices
Market fundamentals through the coming quarters are expected to remain mostly supportive of prices. Despite the profound challenges posed by the tangle of ground and sea logistics affecting most major supply chains, it is difficult to see any major disruption in the supply & demand landscape that could upset these settings through the remainder of…
The FAO Dairy Price Index in August marginally down from July
The FAO Dairy Price Index averaged 116.0 points in August, down marginally from July but still 13.9 points (13.6 percent) above its value in the corresponding month last year. In August, international quotations for milk powders fell, reflecting the continued weakness in global import demand for spot supplies combined with seasonally rising export availabilities in…
The FAO Dairy Price Index in August marginally down from July
The FAO Dairy Price Index averaged 116.0 points in August, down marginally from July but still 13.9 points (13.6 percent) above its value in the corresponding month last year. In August, international quotations for milk powders fell, reflecting the continued weakness in global import demand for spot supplies combined with seasonally rising export availabilities in…
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. Strong financial performance despite Covid-19 With the Covid-19 pandemic still raging…
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. With the Covid-19 pandemic still raging across the world, Yili has…
Vinamilk ramps up R&D efforts to win big globally
The Vietnam Dairy Products JSC (Vinamilk) is accelerating R&D efforts to create innovative products enriched with local flavours to satisfy global customers’ diverse tastes. With its strategic investment in product development, international expansion, and commitment to sustainability, Vinamilk has become the only Vietnamese dairy company in the top 50 global dairy processors in 2021, ranked 36th….