Nestlé’s unveils new technology that reduces intrinsic sugars
Nestlé has introduced a new technology that lowers intrinsic sugars in key ingredients such as milk, malt and fruit juices. The technology utilises an enzymatic process to reduce naturally occurring sugars in a variety of ingredients. Nestlé says that the process has minimal impact on the flavour and texture of the ingredients, which can be…
Casein – A Protein found in milk speeds up wound healing
Bandages infused with casein, a protein that occurs naturally in cow’s milk, significantly improved wound healing in rats compared to those in control groups, according to a new study by UCL researchers. The study, published today in Interface, is the first to test casein’s reputed healing benefits on an animal model. The promising results suggest that…
Fonterra slashes milk price forecast as demand slumps
Fonterra has slashed its forecast milk price for the 2023/24 season by $1 as demand slumps. On Friday the co-operative announced a revised farmgate milk price range of $6.25 to $7.25 per kilogram of milk solids, with a mid-point of $7 per kgMS. In May Fonterra said it expected to pay farmers between $7.25 and $8.75…
Parag Milk bets big on sports nutrition, to expand pride of cows
One the leading private dairy companies Parag Milk Foods plans to focus more on the sports nutrition segment and health besides expanding the reach of its “Pride of Cows” single source liquid milk. Akshali Shah, Executive Director, Parag Milk Foods, said, “There is a huge gap in meeting the demand for whey protein and we…
Empty supermarket shelves for dairy amid high production in Israel
The milk shelves in Israeli supermarkets have been less than full in recent months. While the more expensive milk and dairy products can be found in abundance, regular 3% milk has been available sporadically. The price of this milk is regulated by the state and has become increasingly unprofitable to manufacture, with consumers paying the…
The curious case of lactose intolerance
Having to rush to the toilet in the middle of a movie, with a tummy that is producing audible, rumbling sounds can be an embarrassing experience. “Not to mention the endless ribbing from friends that you have to put up with,” says Pramod, a marketing executive. “A group of us friends had met up for dinner…
Dairy Report: What China’s Slowing Economy Means for Dairy
China’s slowing economy is not helping global dairy prices. The country’s second quarter GDP grew 6.3% compared to the same quarter last year, smaller than what analysts expected. Last year GDP grew only by 0.4%, the second smallest growth rate in the past 10 years. Market watchers say China has been importing few dairy products…
No plans to eliminate milk and milk products from GST net
There is no proposal to eliminate the Goods and Services Tax (GST) on milk products as the rates are based on the recommendation of the GST Council, Union Minister of State for Finance, Pankaj Chaudhary, said on Tuesday, August 1, 2023. Mr. Chaudhary said fresh milk and pasteurised milk are exempt from GST. The rates…
Dairy prices fall as volumes rise at auction- GDT events
International milk prices fell while volumes were up at this month’s first Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was down 4.3%, with an average selling price of $3,100 per metric ton. The index fell 1% at the previous auction on July 18, with an average selling price of $3,289, according…
Delicious feud Punjab milk brand may vie for space in delhi Parks
More milk from Punjab is set to flow into the city. With Delhi Municipal Corporation giving the go-ahead to Punjab Milkfed to sell its Verka brand in Delhi, the milk producers’ cooperative plans to begin with 100 booths in the capital. Till now, only Amul was permitted to set up booths at designated spots across…