Economics of direct and indirect approaches to reduce methane
Dairy farmers are increasingly challenged by consumers, processors, and regulators to reduce the carbon footprint of dairy farming. Targets to reduce enteric methane emissions (carbon footprint) are typically in the order of 25-30%, prompting milk producers to seek strategies for reducing their herds’ methane emissions while maintaining an acceptable level of profitability. With these challenges…
The Dutch are drinking less milk and eating more cheese
In the course of the first two decades of the 21st century, the Dutch were drinking less milk but eating more cheese. This is shown by an overview of per capita consumption figures of dairy products and eggs during 2005-2022, made by Wageningen Economic Research on behalf of Wakker Dier. Consumption figures for butter (oil)…
Global dairy growth slumps to record low-IFCN
Milk production had been growing steadily at around 2.5% per year but this fell to 0.4% in 2022. This was despite a large number of European and North American dairy farms making a profit in 2022, according to IFCN’s provisional results* from typical farms around the world. Dairy experts at this year’s IFCN’s Researcher Conference…
Securing a sustainable future-Showcasing Irish Dairy industry
Crowds were welcomed back to Moorepark today, July 4th, to see the research being conducted and to meet the Teagasc teams and industry stakeholders present. Laurence Shalloo, Head of Animal & Grassland Research and Innovation Programme, Teagasc, Moorepark, welcomed those attending Moorepark ’23, while also highlighting many current and future challenges in the piece below….
GDT price index down over 3% and butter crashed by over 10%
The Global Dairy Trade (GDT) price index has dropped by 3.3% following the latest trading event held earlier today (Tuesday, July 4). The price index now stands at 969, a level last seen in November 2020. Following the previous auction on June 20, the index remained unchanged from the preceding event on June 6, at…
Four supermarkets confirm 10 cent price drop on own-brand milk
Four Irish supermarkets have announced reductions on the retail price of own-brand milk products by up to 10 cent. This is the second cut to the price of milk which the competing retailers have announced since May. Aldi said it will reduce the cost “all its own-brand milk products by an average of 10 cents”,…
Qatar’s Baladna buys more shares in Egyptian dairy peer Juhayna
Baladna, the Qatar-based dairy group, has acquired another tranche of shares in Egypt’s Juhayna Food Industries. In almost two years, Baladna has built a shareholding in Juhayna of more than 15%. Its latest purchase – of 600,000 shares on 26 June – took its stake from 10% to 15.03%. The shares cost E£7.4m ($239,000). In…
Bridge the Gap with Dairy Consumers Via Social Media
Even if you do not sell directly to consumers, you need to learn how to communicate effectively with dairy consumers and potential dairy consumers. That was the overarching message of the webinar “Lost in Translation: Communicating Agriculture to Consumers,” held June 16 and sponsored by American Dairy Association North East. Hosted by Dairy Girl Network…
Revolutionizing Dairy Sustainability: Reducing Methane Emissions by 80%
Resonant Technology Group recently announced that its patented product, SOP® Lagoon, can significantly reduce greenhouse gas emissions of the dairy industries – 80% for methane and 75% for carbon dioxide. US-based Resonant is an affiliate of SOP ( Save our Planet) , an Italian tech company run by biologists, agronomists, chemists, engineers, animal nutritionists, and veterinarians….
Along with all global sectors, the dairy industry is working to reduce its environmental impact as we look toward a shared 2050 net zero future. Research is currently focused on greenhouse gas mitigation strategies that do not compromise animal health and production, but many discussions maintain that a radical transformation—involving reducing animal-based foods and increasing…