Fonterra and Nestlé partner to create net zero carbon emissions dairy farm
The partnership hopes to achieve a “New Zealand first” – a commercially viable net zero carbon emissions dairy farm. The five-year project will be run with co-partner Dairy Trust Taranaki and will examine all aspects of the 290-hectare farm’s operations to reduce carbon. The initiative aims to cut emissions by 30% by mid-2027, with a…
Global dairy price Index down by 4.6% in second consecutive session
International milk prices and volumes fell in this month’s second Global Dairy Trade auction held by GDT Events on Oct 18th 2022 The GDT Price Index dropped 4.6%, with an average selling price of $3,723 per tonne. The index lost 3.5% at the previous sale, according to GDT Events. A total of 29,402 tonnes were…
Fonterra and DSM introduce precision fermentation for dairy-like proteins
Fonterra and Royal DSM are launching a start-up seeking to commercialize fermentation-derived proteins with dairy-like properties in what is described as a “complementary nutrition partnership.” The two companies have been collaborating since 2019 to build a comprehensive understanding of how to use precision fermentation science and technology to produce proteins similar to those found in…
Electric milk tanker a ‘world-first’? Fonterra
Renowned global dairy nutrition firm, Fonterra, has taken the wraps off what it regards as New Zealand’s first electric milk tanker. The vehicle is “about” the same size as a regular tanker, has a range of approximately 140kms on a full charge and takes approximately three hours to change. Furthermore, the company says the milk…
Innovative dairy products cater to growing consumer emphasis on health
It can be hard to keep up with the latest health and diet fads. One minute you’re opting for fat-free everything in the supermarket, the next you’re told to up your healthy fats because in fact sugar is the real enemy. Eggs are in, eggs are out; carbs are bad, carbs are good – it’s all…
Global dairy auction plummets 8.5% as buyers baulk at high prices
Dairy prices plummeted at the fastest rate in seven years at the latest global auction, as buyers appear to have baulked at record high prices. The Global Dairy Trade price index dropped 8.5% to 1379 at the bimonthly auction overnight. That’s the biggest fall since August 4, 2015, when the index shed 9.3%. The drop…
Expected dairy sales growth rate at 9.1% from FY18 to FY24 : Crisil
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon. You may share in comments about…
Anchor Dairy, Fonterra Brand Launches Organic carbonzero Certified Butter
Back and butter than ever! Anchor Dairy , the consumer brand of the globally-known New Zealand Dairy Co-operative Fonterra , is celebrating Earth Day early with the launch of its Organic carbonzero Certified Butter. . New Zealand has one of the lowest on-farm carbon footprints in the world, making Anchor uniquely qualified to offer a butter option to…
The fundie betting on the end of cow milk by backing up Remilk Israel
When Jackie Taranto, Gilad Grinbaum and Yaniv Izaki set up Paradigm Shift Asset Management it was predictable that their first investment would involve a global industry being turned on its head. The fundie backed an Israeli start-up, Remilk, because of its potential to cause a paradigm shift in the $US916 billion global dairy industry by…
Who moved Fonterra’s Cheese for the second time in India since 2002?
Britannia industries Ltd proudly announced their joint venture with Global leader Fonterra from New Zealand on March 25th 2002. The main objectives of the JV were sourcing, manufacturing and distribution of milk and milk products in India. The new company had full access to Fonterra’s Research and development strengths . This access was mainly to…