IFF TRENDS REPORT: ADDED VALUE KEY TO SUCCESS IN INFLATION-HIT DAIRY SPACE
Amidst a challenging economic climate, IFF (NYSE: IFF), a global leader in food and beverage, home and personal care and health, unveils a report that uncovers the evolving consumer trends in the dairy and alternative dairy categories. The report, derived from a comprehensive quarterly global survey of 21,000 consumers and monthly market data*, highlights…
The solution is not more food but better food
Asenior executive at Danish dairy major Arla Foods has told an industry conference that the sector needs to modernise its messaging to win over consumers. Patrik Hansson, Arla’s CMO, told the audience at the Dairy Innovation Strategies 2024 event in Copenhagen that the sector needs to find different ways to innovate and to get its…
Global demand for Dairy remains sluggish
Commodity markets have softened through March 2024 against a backdrop of slightly weaker global fundamentals. The dairy complex had staged a recent rally since the bottom of the market in Q3 2023. Nonetheless, all dairy products except butter were softer in March 2024 and remain at or below five-year averages. Rabobank expects dairy commodity prices…
Bird flu virus found in pasteurized milk, though officials maintain supply is safe
The Food and Drug Administration said Tuesday that fragments of the bird flu virus had been detected in some samples of pasteurized milk in the U.S. While the agency maintains that the milk is safe to drink, it notes that it is still waiting on the results of studies to confirm this. The findings come less than…
Why Farmers Are Standing Up Against Free Trade
My mom stood next to my grandfather, both crying as he emptied the bulk tank and dumped his milk in protest. It was the 1960s, and dairy farmers in Wisconsin and elsewhere who were members of the National Farmers Organization (NFO) were destroying their milk to cause shortages in supply chains and improve prices. They were desperate,…
Milk Cooling Tank Compatible with Revised F-Gas Regulation Introduced by Wedholms
Wedholms is introducing the first milk cooling tank in the European market to use CO2 as refrigerant in a standard cooling system of the direct expansion cooling type • Natural refrigerants, such as CO2, will be required under the revised F-gas Regulation, signed into EU law on March 11 this year • From January 2025,…
If Australia has reached ‘peak milk’, what does that mean for our food security?
If the last thing you remember about Australian dairy farmers is the $1 milk price war, it is worth thinking a little more deeply about the white in your flat white and what it signifies for food producers. Last year, the standing committee on agriculture’s final report into food security, chaired by Labor MP Meryl Swanson, recommended a…
Plant based meat goes down and dairy moves up in USA
US retail sales of plant-based meat continued their precipitous decline in 2023, while plant-based milk made modest gains, according to a new report from nonprofit The Good Food Institute (GFI). In the 52 weeks ending December 3, 2023, US retail sales of plant-based meat & seafood dropped 12% to $1.2 billion in 2023 with units down 19%, while plant-based milk…
Impact of wet weather on EU dairy market outlook
As wet weather continues, it is expected to have a negative impact on the dairy market outlook, according to global dairy analyst for Rabobank, Richard Scheper. Due to current field conditions, the country is expected to accumulate lower milk output in 2024, according to Scheper. Scheper spoke to Agriland at the Bord Bia Dairy Markets Seminar today…
Price of milk on Israel going up 4.48 pc
Israel’s Ministry of Agriculture said that, according to the periodic price calculation, an increase of 4.48 per cent in the price of milk will go into effect on May 1, 2024. The price of eggs will remain unchanged. The results of the periodic price calculation, said the ministry, showed that the prices of dairy products…