Australia’s Dairy Problems Persist due to drought, heat and labour issues
Once a powerhouse on the global dairy trade circuit, Australia’s dairy industry has been contracting due to successive long-term droughts, numerous heat events, and an ongoing labor crisis. According to recent article in Bloomberg, Australia’s share of the world export market dropped from 18% in the 1990s to about 6% in 2018 as Australian producers…
Dairy prices, volumes rise at second November auction- GDT events
International milk prices and volumes rose in this month’s second Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index rose 2.4% from the auction on Nov. 1, with an average selling price of $3,623 per tonne. The index lost 3.9% at the previous sale, according to GDT Events that holds the auctions. A…
Nutritional composition of Plant based drinks is no match to cow’s milk
The high decline in liquid milk consumption in Western countries has been compensated by the increased consumption of processed dairy products and the rapidly increasing number of new plant-based beverages constantly introduced in the market, advertised as milk substitutes and placed on shelves near milk products. To provide better understanding about the nutritional value of…
WORLD DAIRY NEWS New York Start-Up Unveils Plant-Based Meal Replacements
NY – Foodtech start-up Levana Nourishments™has created a next-generation clean-label nutritional shake that acts as a complete meal replacement. The 100% natural formula combines a short list of gently dehydrated, finely ground plant-based whole foods to deliver a balanced, nutritionally dense, and highly palatable meal replacement. The line of full-meal shakes suits people with special…
Methane emissions from 15 dairy & meat Cos rival those of the EU
The combined methane emissions of 15 of the world’s largest meat and dairy companies are higher than those of several of the world’s largest countries, including Russia, Canada and Australia, according to a new study. The analysis from the Institute for Agriculture and Trade Policy and Changing Markets Foundation found that emissions by the companies – five…
Spiralling operational cost forces dairy farmers to give up ventures
Farmers who ventured into small-scale dairy farming to survive the pandemic-induced financial crisis are slowly withdrawing from the sector unable to generate a steady income owing to skyrocketing operational cost. Many of them complain that the revenue generated from the sale of milk and milk products is not satisfactory when compared with the actual operational…
KMF’s daily milk procurement dipped by 15.4 lakh litres since June
The Karnataka Milk Federation’s (KMF) move to increase consumer price of milk and curd comes at a time when milk producers in high milk-producing districts are in distress, while the federation is losing out milk to private dairies owing to low procurement cost. In fact, lumpy skin disease alone is estimated to have brought down…
Kraft Heinz launches plant-based cheese slices with NotCo Joint venture
Kraft Heinz and NotCo are launching NotCheese, a plant-based version of the iconic Kraft American cheese, CEO Miguel Patricio said in prepared remarks with Kraft Heinz’s quarterly earnings report Wednesday. NotCheese will be available in early November at about 30 Giant Eagle stores in the Cleveland area, Bloomberg reported. A national rollout is planned next year, according to the news…
Kick off. Grabbing an Amul drink, don’t miss Ronaldo on pack
This edition of the FIFA World Cup will see Indian dairy consumers reach out for a health drink that is sure to give them a different kind of kick. India’s top dairy brand Amul has tied up with the Portuguese Football Federation (FPF) to display the players’ images on its products, allowing Indian soccer fans to strike…
India’s largest ice cream plant set up in Telangana by Hatsun Agro
Ice cream lovers across the country now have one big reason to head to Telangana. The State now has the country’s largest ice cream manufacturing unit, and that too, operated by one of the most popular names in India. The mega ice cream plant became a reality with the commissioning of a seven tonne per day…