Calculating the breakeven milk price-Teagasc Ireland
In any downturn on milk price, some farms may experience cash flow difficulties. In this article, Patrick Gowing explains why it is important for each farm to establish the impact of low milk prices on their farm. A simple tool that can be used is calculating the farms breakeven point. This will help identify at…
10% of UK dairy producers “likely to stop producing milk” by 2025
Almost 10% of UK dairy producers say they are likely to stop producing milk by 2025, with smaller producers being the most impacted by the current market, according to an NFU survey. The NFU’s 2023 Dairy Intentions Survey of almost 600 UK dairy farmers revealed that insufficient returns, volatile markets and the scale of on-farm…
Stanford – How the meat and dairy sector resists competition
The summertime barbecue – an American tradition synonymous with celebrating freedom – may be tainted by a decidedly unfree market. A new Stanford study reveals how meat and dairy industry lobbying has influenced government regulations and funding to stifle competition from alternative meat products with smaller climate and environmental impacts. The analysis, published Aug. 18…
WOVO cracks open new dairy alternative category
Liquid egg pioneer Campomayor has teamed up with Spanish food scientists to develop the world’s first dairy alternative made from egg whites. Opening a new market category, WOVO was launched in April 2023 in national retailers across Spain including Carrefour Hypermarkets, Gadis, Froiz and Vegalsa-Eroski chains. Pioneering new possibilities for eggs Family business Campomayor was…
Global dairy price index crashed by 7.4%
Dairy prices crashed to their lowest levels in nearly five years at the Global Dairy Trade auction overnight, led by a 10.9 percent fall in the price of whole milk powder. The average price fell 7.4 percent to US$2875 (NZD$4830) a tonne. The price of whole milk powder, which strongly affects the payout for local…
Researchers to investigate using AI to detect disease in cows
The project, is one of 14 projects to receive a share of £9m funding from the Biotechnology and Biological Sciences Research Council (BBSRC) and Department for Environment, Food and Rural Affairs (Defra) as part of a major initiative to combat endemic livestock disease. It is a collaboration of UoB researchers in veterinary medicine, animal behaviour,…
Pros And Cons of Reducing the Retail Price of Plant-Based Milk
An increasing number of people around the world are adopting sustainable diets as an act to fight climate change. As a result, the popularity of plant-based milks has skyrocketed in the past decade. However, there has been a growing debate with regard to the retail price of these plant-based milk products. Is the upcharge of…
Fonterra to increase offer quantities on Global Dairy Trade (GDT)
Fonterra announced today in a press statement that, as of now, the Fonterra Co-operative Group has increased its offer of quantities for whole milk powder (WMP) and skimmed milk powder (SMP) for the next twelve months. The offering of WMP will increase by 20,000 mt over the coming 12 months, while the SMP offering will…
Set Role Model” for the high-quality and sustainable dairy
HONG KONG, Aug 10, 2023 – (ACN Newswire) – – On the occasion of the World Dairy Industry Conference held in Hohhot from August 4th to 7th, the latest ESG (Environmental, Social and Governance) rating results released by Morgan Stanley Capital International (MSCI), an international authoritative index agency, showed that Youran Dairy received a BB rating for its first evaluation, which is currently the highest MSCI…
Plant-based dairy lags in nutrition
Protein is one place traditional dairy outshines its brethren. U.S. sales of plant-based milks reached $2.8 billion in 2022, according to the Plant-Based Foods Association. “Plant-based milk remains the largest segment in the plant-based foods industry, with 40.6% of U.S. households purchasing plant-based milks, and an astounding 75.7% of consumers repeating their purchases,” the organization…